PPI - time to draw a line under it?

IanH
IanH Forum Participant Posts: 4,708
1000 Comments
edited August 2015 in General Chat #1

Lloyds bank have just set aside a further 1.5 billion pounds to cover mis-selling of PPI - that's a further 1.5 billion on top of the billions already paid out.

Whilst I have little sympathy for the banks, it is all of us customers who pay this compensation in the end, by way of low interest rates (the government's way of helping the banks back onto their feet).

Is it time to now say - if you haven't claimed by the end of this year, you are too late.

If nothing else, it would stop thise phone calls.......