It is not over – the biggest consumer scandal continues to cost more and more for the banks.
Lloyds have revealed this morning that they are paying out another £750 million in compensation which doesn’t just push them into a loss, when their books are looking better, but takes just their bill for the mess to over £8 billion.
Barclays has earmarked an additional £700 million to meet payment protection insurance (PPI) compensation claims, the lender has announced. Extra funds will cover costs and refunds in the ongoing saga over the mis-selling of PPI.
These are not the only banks setting aside more money to cover the cost of increased PPI claims leading up to the deadline of the 29th of August 2019.
Have you checked if you have a claim yet? If not why not? It costs you nothing to find out if you are entitled to a refund of the money paid to the banks for PPI.
Contact CompiClaims today on 01942 619911 and speak to one of our advisors who will be pleased to advise you on how to proceed with a claim which could be worth thousands of pounds to you!