Payment Protection Scotland Blog
Friday, April 3, 2020
On Monday 23rd March the UK government announced strict measures to tackle the spread of Coronavirus which advised that only work that is deemed 'essential' should continue.
Check Every Account for PPI Before It’s Too Late!
Monday, June 24, 2019
The mis-selling of payment protection insurance (PPI) was rife across all the major banks and lenders in the UK. According to banking experts and consumer watchdogs, there will be thousands of people affected by the PPI mis-selling scandal.…
How Were PPI Premiums Calculated on Catalogue Accounts?
Monday, June 17, 2019
Did you have a catalogue account? If so, you were probably mis-sold PPI when you opened it. Take a look at how to claim your money back but with the deadline looming ever closer, you must act now.
5 PPI Myths De-Bunked
Monday, June 10, 2019
The mis selling of PPI on loans, credit cards and mortgages has had extensive media coverage. The product that we were told would cover us in the event we couldn’t make loan repayments as a result of redundancy or illness was, for most peop…
Calculating Your PPI Claims
Monday, June 3, 2019
PPI compensation began in earnest in 2011 after many reviews and judicial cases. This is the year that will potentially see PPI claims end for policies mis-sold before 2017. But you don’t have long – midnight on Thursday 29th August 2019 is…
The State of PPI Claims – An Update
Wednesday, May 29, 2019
Making a payment protection insurance (PPI) compensation claim involves you, as the customer, proving you were mis-sold PPI on your accounts or products. For the majority of customers, in Payment Protection Scotland’s experience, this is a …
5 Excuses NOT to Claim PPI Compensation Before the August 2019 Deadline
Monday, May 20, 2019
With the announcement of a PPI deadline of August 2019, customers are being encouraged to make a claim. What are the five top excuses for not claiming back the money you are owed?
Could You be Set to Claim MORE PPI Compensation?
Monday, May 13, 2019
The announcement of a PPI dealing of 29th August 2019 sent a shock wave through the consumer organisations and lenders alike.
Is the August 2019 PPI Deadline Looking Shaky?
Monday, May 6, 2019
There had been talk for years, almost since the PPI debacle started, of imposing a deadline for PPI complaints. Initially, everyone was reluctant, determined that the customer should get their money back. But then the Financial Conduct Auth…
Preparing for the PPI Deluge
Monday, April 29, 2019
With the PPI deadline of 29th August 2019 mere weeks away, will it cause an influx of PPI claims? Critics are hoping so but the banks are telling us the worst is over…
18 Weeks Until the PPI Deadline August 2019 - But is it a Mistake?
Wednesday, April 24, 2019
Not everyone agrees with the Financial Conduct Authority introducing the PPI compensation deadline 29 August 2019. Martin Lewis, founder of MoneySavingExpert.com being one of them but why?
Is PPI value for money?
Monday, April 15, 2019
PPI is still hot news. Just when you think the fire is dying away, another scandal comes along to fan the flames. For example, experts believe than less than half of customers with an eligible claim for PPI compensation have yet to lodge th…
4 Reasons Why People Choose Not to Make a PPI Compensation Claim
Wednesday, April 10, 2019
Some financial commentators believe that the number of people who have made a claim for PPI compensation is just the tip of the iceberg. With nearly 60% still to make a claim – and before the PPI 2019 deadline - the PPI compensation bill co…
Who’s Who in the World of PPI Compensation Claims
Monday, April 1, 2019
With so many agencies involved in the PPI compensation process, it is hard to know who is who. At Payment Protection Scotland, we thought this ‘Who’s Who Guide’ to agencies and bodies involved in PPI compensation claims would be useful.
5 Reasons to Use a Claim Management Company for PPI Claims
Monday, March 25, 2019
Claiming PPI compensation can be a complicated process for some customers. There may be large amounts of their cash involved or complex arguments for and against whether PPI was mis-sold to a customer or not.
How Much PPI Compensation Will I Win?
Monday, March 18, 2019
For many people, the thought of a windfall of cash into their bank account is what spurs them on to make a claim for PPI compensation. And why not? After all, it is your money that the bank took in ‘error’.
WHO Can Claim PPI Compensation?
Monday, March 11, 2019
It can be difficult knowing who can claim PPI compensation and why because there were so many reasons why PPI was mis-sold. Also, the banks and lenders, for obvious reasons, are not too keen on giving their profits away.
PPI Compensation: Enjoy A Dream Summer Holiday in 2019
Monday, March 4, 2019
Reap the rewards of a welcome windfall into your bank account. PPI compensation is something you may be able to claim if you have a PPI policy and if it was mis-sold to you. Just imagine the summer holiday you could have with compensation t…
The August 2019 IS PPI Deadline Confirmed
Monday, February 25, 2019
With so much alleged ‘fake news’ swirling around, it is increasingly difficult to know who or what to believe. This is why at Payment Protection Scotland, we have put together this quick 3 minute read on the August 2019 PPI deadline and wha…
Hurry! PPI Compensation is Coming to an End!
Monday, February 18, 2019
Two months into 2019 means we are two months closer to the PPI deadline of August 2019. You may think you have plenty of time to lodge a complaint for PPI compensation but, if the bank refuses your claim, it will need to be referred to the …