17/01/2012 - PPI Complaints Rocket
PPI Complaints Rocket.
From the current FOS workload, 54% are for new complaints about PPI policies. The renewed volume of PPI complaints indicates that the banking industry, which is the main seller of this type of insurance, still has a long way to go before the PPI scandal is finally cleared up.
In the final 3 months of last year, the FOS found in favour of the customers in 68% of the PPI cases it considered.
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