MSE News: Lloyds defeated as it withdraws from PPI legal action

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Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
edited 5 May 2011 at 10:32AM in Reclaim PPI & other insurance
This is the discussion thread for the following MSE News Story:

"The UK's largest bank has set aside £3.2bn in its interim results today to pay claims, admitting redress is appropriate ..."
Read the full story:
Lloyds defeated as it withdraws from PPI legal action

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Comments

  • di3004
    di3004 Posts: 42,579 Forumite
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    Excellent news MSE Helen.

    Hopefully the other banks will do the decent thing and do the same.
    The one and only "Dizzy Di" :D
  • MrLeeLee
    MrLeeLee Posts: 163 Forumite
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    Haha, I love seeing the banks take a pounding!

    Enjoy spending your money people, you all deserve it after the years of fighting to get YOUR money back!!

    £3.2bn... hahahaha!
  • Yummymummy69
    Yummymummy69 Posts: 23 Forumite
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    Hope Royal Bank of Scotland follows suit and that I won't have to wait much longer for my money back!! Fingers crossed!
  • glossyhair
    glossyhair Posts: 133 Forumite
    First Anniversary Combo Breaker
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    Finally, a bank doing the right thing! Good news :j:j:j
    mmmm, still seeking something witty to be my auto-signature . . . so this will have to suffice for now ;)
  • di3004
    di3004 Posts: 42,579 Forumite
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    Down to the new CEO as well I believe.;)
    The one and only "Dizzy Di" :D
  • di3004
    di3004 Posts: 42,579 Forumite
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    As on lloyds banking website.....

    http://www.lloydstsb.com/payment_protection_insurance_complaints.asp

    What does the Judicial Review mean for my PPI Complaint?
    We are no longer participating in the Judicial Review or are part of how the British Bankers’ Association intends to respond to the High Court’s recent judgment.

    We are now reassessing the complaints that we have already received and dealing with them in a swift and timely manner.

    Those customers who have not complained but have concerns about their PPI policy should contact us directly using the details above.
    The one and only "Dizzy Di" :D
  • biondani
    biondani Posts: 144 Forumite
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    I wonder if Black Horse will start processing PPI complaints as well now seeing as they are part of the Lloyds Group but tend to work as though they are independant.

    Ian
  • di3004
    di3004 Posts: 42,579 Forumite
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    biondani wrote: »
    I wonder if Black Horse will start processing PPI complaints as well now seeing as they are part of the Lloyds Group but tend to work as though they are independant.

    Ian


    Hi Ian

    I have not got round to checking, but I assume it may be the same, if you get the chance check BH website for updates, good luck.;)
    The one and only "Dizzy Di" :D
  • biondani
    biondani Posts: 144 Forumite
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    The website for BH is useless. I don't think it has been updated since January. In fact it doesn't even mention the JR on the website.

    Ian
  • di3004
    di3004 Posts: 42,579 Forumite
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    biondani wrote: »
    The website for BH is useless. I don't think it has been updated since January. In fact it doesn't even mention the JR on the website.

    Ian


    Arh right, just actually posted a web link on the other thread.
    Hope they get moving soon Ian, this should be a lesson learnt to all banks by now, they all need to do a decent thing and do the same.;)
    The one and only "Dizzy Di" :D
This discussion has been closed.
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