Latest News

29 Mar 18

The Commission Game Changer

With the deadline for claiming back Payment Protection Insurance (PPI) just over a year away, the Financial Conduct Authority (FCA) have seen a significant increase in PPI payoutsi and enquiries following their TV campaign starring Arnold Schwarzenegger, which was launched 29 August 2017ii, being a fundamental factor. Following on from this spike in growth, legal action by the Supreme Court back in 2014 means that customers who have had their… Read More »

12 Feb 18

The Claims Guys have helped customers claim back £600million†!

To date, The Claims Guys (TCG) has helped customers to Claim back over £600million† for mis-sold Payment Protection Insurance (PPI). We are currently processing around 20,000 Claims a week. Our largest customers Claim to date is £87,983† and the highest Total Claim(s) value for another customer is £274,381†. †Figures shown before any applicable Income Tax is deducted – calculated up to 31 October 2017

30 Nov 17

Testimonial: Patricia

“The Claims Guys were very efficient throughout the whole process. I got back what I didn’t realise I had, I couldn’t have asked for a better outcome.” 30.11.17

27 Nov 17

Monthly PPI Pay-outs remain high in 2017

Payment Protection Insurance (PPI) remains to be the most complained about financial product, making up a third of the total 3.32million complaints in the first half of 2017.   Pay-outs The latest figures from the Financial Conduct Authority (FCA) show that £271.5 million was paid out in August to customers who complained about the way they were sold PPI, the largest monthly pay-out so far this year. This takes the… Read More »

17 Nov 17

Clydesdale & Yorkshire Bank set aside an extra £403m for PPI claims

Clydesdale Bank’s parent company, Clydesdale Yorkshire Banking Group (CYBG), has announced it is setting aside an extra £403m (including Administration costs) for mis-sold Payment Protection Insurance (PPI) claims. The Financial Conduct Authority (FCA) has recently launched a £42m PPI TV advertisement campaign to raise awareness of the mis-selling of PPI and the reclaim deadline. This has resulted in an increase in PPI claims being made, meaning banks are having to… Read More »

25 Oct 17

PPI Complaints rise 24% in six months

Payment Protection Insurance (PPI) continues to be the most complained about financial product, accounting for a third of all complaints recorded by firms in the first half of 2017. The Financial Conduct Authority (FCA) announced that the total number of PPI complaints increased by 24% in the first half of the year. According to BBC News: “PPI complaints totalled 1.11million, compared with 899,000 in the second half of 2016.” The… Read More »

22 Oct 17

Testimonial: Jane

“The FREE PPI Check was easy and straight forward. The Claims Guys are very efficient. I’m amazed at what they found as I didn’t have the paperwork. I have recommended you to a lot of people.” 22.10.17

21 Oct 17

Testimonial: Ms Cox

“I found the FREE PPI Check easy to follow and the forms were simple to fill out. I wouldn’t have known where to start with the whole process. The Claims Guys kept me informed throughout and I’m very happy with the outcome.” 21.10.17

18 Oct 17

Are you one of the 5.5 million who face an earlier PPI claim deadline?

The Financial Conduct Authority (FCA) has recently launched a £42million advertising campaign, warning consumers to make a Payment Protection Insurance (PPI) complaint before the August 2019 deadline. The advertisement is warning consumers not to delay in making a complaint if they believe they were mis-sold PPI. PPI has grown to be one of the biggest financial scandals ever seen in the UK with over £27.9 billion already paid out by… Read More »

30 Jul 17

Barclays and Lloyds both set aside an extra £700 million for PPI payouts

Both Lloyds and Barclays have announced that they have set aside an additional £700 million each to cover the cost of mis-selling Payment Protection Insurance (PPI) (including Administration costs). The total amount set aside by Lloyds stands at £18bn (including Administration costs) with them having increased provisions 17 times so far. The additional sum brings Barclays’ total bill to £9.1bn (including Administration costs), and according to their interim results for… Read More »

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