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Economists said that PPI refunds are equivalent to great windfalls for many consumers and its obvious evidence is the increased spending activity in local economies. More consumers are purchasing goods and services. The Office of National Statistics also added that earlier this year, they noted 27,000 new car registrations, a 13.4% increase from 2012 as

A recent study by the National Bureau of Economic Research has uncovered that around 1 in 4 people in the United States have taken out a payday loan in the last couple of years. These statistics are certainly alarming, as it paints a very clear picture of how many Americans are struggling right now. Bills

Since the discovery of mis sold PPI in the year 2008, tons of claims management companies have sprung up all over the United Kingdom. While most of them are helpful, some may just swindle you money for lackluster results or you might not get service at all with the presented service being a scam. Here

With the news that the Financial Ombudsman Service (FOS) receiving millions of complaints for PPI, analysts try to estimate how long until all the remaining claims pay out. The FOS reports that it is receiving at least 1,500 claims daily for mis sold PPI. According to Which?, their estimates come that in the year 2016,

You’ve seen it in the news, the TV and the Internet. Millions of people are filing PPI claims. The Financial Ombudsman Service (FOS) states that banks such as Barclays, Lloyds and HSBC receive 1,500 claims a day for mis sold payment protection insurance. The bulk of claims today has reached 2.2 million, and the reserves

In making any kind of claim, one must prove how their claim is true. If one fails to prove their claim, then they have a problem. PPI or payment protection insurance is the biggest problem of the United Kingdom. Today, the claims process for the repayments have become simpler thanks to the efforts of the

PPI or payment protection insurance is a very effective insurance product. However, because bank representatives mis sold the insurance policy, it has become notorious for swindling customers thousands of pounds for an insurance policy they do not have any use for. PPI provides monthly repayments for financing in case the holder faces financial hassle, but