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What the papers say

In Debt? Like it.. or lump it

January is one of the most popular months for people to consolidate debts they're struggling to keep on top of into one lump sum... but watch out for potential pitfalls.

Sunday Mirror Logo
Sunday Mirror - 20th January 2008


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Five ways the banks fleece us

Customers face higher current account fees as banks prepare to unveil bumper profits.

Times Online
Times Online - 20th January 2008

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Reclaim £2,000 in unfair fees

CUSTOMERS can easily get their own back at the banks by reclaiming as much as £2,000 in punitive fees.

Times Online
Times Online - 20th January 2008

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Bank fined £1m for loans insurance rip-off

The City regulator has dished out the largest ever fine for payment protection insurance (PPI) failings after subprime loan firm HFC Bank exposed 160,000 customers to potential mis-selling..

This Is Money
This Is Money- 16th January 2008


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Beat the Payment Protection Insurance blues

Thousands of borrowers who were mis-sold rip-off loan insurance will never get their money back despite a crackdown by the City watchdog. Banks and building societies have been threatened with record fines and bans after ignoring two earlier warnings about flogging useless payment protection insurance (PPI)

Mirror
The Mirror - 3rd October 2007


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Banks take 80% cut of loan cover charges

Banks are creaming off up to 80% of the premiums charged on controversial loan protection insurance, the Competition Commission said yesterday.

This Is Money
This Is Money- 7th November 2007


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Watchdog offers little protection

Despite widespread criticism, intense regulatory scrutiny and tens of thousands of disgruntled customers, lenders continue to mis-sell payment protection insurance (PPI) on an industrial scale.

Times Online
Times Online - 29th September 2007

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Loan cover mis-selling revealed

Which? has called on the Financial Services Authority (FSA) to name and shame companies mis-selling payment protection insurance (PPI). An undercover investigation, revealed today by the financial watchdog, found evidence of widespread mis-selling of PPI.

Which
Which? - 27th September 2007

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Financial Ombudsman will investigate 4,000 PPI cases in 2007 despite crackdown

Irregardless of a major crackdown by the Financial Services Authority in the last few years on Payment Protection Insurance (PPI), the Financial Ombudsman Service is still having to investigate 4,000 cases of mis-sold payment protection this year.

Fair Investment Company
Fair Investment Company - 24th October 2007

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