MSE News: Lloyds' PPI mis-selling bill climbs to £6.8 billion
Former_MSE_Darryl
Former MSE 210 Posts
"The banking giant's PPI mis-selling costs rose by £1.5 million in the last three months of 2012..."
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Lloyds' PPI mis-selling bill climbs to £6.8 billion
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Lloyds' PPI mis-selling bill climbs to £6.8 billion
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Sick of hearing about this now.
Yes, getting ridiculous isn't it??
Plenty of other things to discuss elsewhere on the internet if you're "sick" of this topic.
To be fair it is currently the top item on the newsfeed on the main page.
I would rather this all be over as well in the hope that it would put most of this nation's CMC scam artists out of business.
The banks love their high level legal ''games'' surrounding PPI complaints. When their managers go to sleep at night do they dream about piles of money?
Bank Manager Star Diary -Outstanding Work
2008 WIN government bailout of the banking sector (all banks saved)
2009 Low PPI payouts, without following redress guidance / mass rejections (89% FOS uphold rate)
2010 Judicial Review (all complaints ''on hold'')
2011 OK we better throw some crumbs at the peasants to stop them lynching us
2012 Mass rejections + lets make customers jump through identification hoops to get refunds (some may drop out!)
2013 Mass rejections + lets tell people there's no PPI where there is (some may drop out!)
2014 Random time bar (they all drop out - perfect score)
2015 Due to our good work ensuring high profits we will award our top managers large payouts.