Beat The Banks News

All the latest news from Beat The Banks, PPI & Miscalculated Mortgages

Do you remember receiving a letter like this from Clydesdale Bank?

By Scot | Apr 26, 2018 | 0 Comments

Did you have a mortgage with Clydesdale Bank back in 2009? Maybe you still have the same mortgage with them now? Do you remember receiving a letter like this? Some 22,000 mortgage holders, through no fault of their own, were left facing shortfalls totalling £21.2 million. In 2010, the bank automatically increased the monthly payments…

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Another Banking Disaster? TSB

By Scot | Apr 26, 2018 | 0 Comments

This week has seen a disastrous attempt by TSB to migrate its banking network onto the platform of its Spanish parent, Banco Sabadell. The integration should have taken place on 2 November last year and the delay has seen TSB paying a further £80 million to Lloyds Banking Group for effectively renting their computer system.…

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Banks ‘wriggling out of paying up on PPI claims’

By Scot | Jun 30, 2017 | 0 Comments

The Sunday Post has obtained industry data which show the number of Payment Protection Insurance (PPI) claims where finance firms say they can’t find the claimant’s details has soared.

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Banks Slammed For ‘Mis-selling Pointless PPI To NHS Workers’

By Scot | Jun 14, 2017 | 0 Comments

This story was originally carried by the Sunday Post. We highlight how the “Unemployment” portion of any ASU (Accident, Sickness & Unemployment Policy) was all but worthless, for NHS employees in Scotland.

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Scandal of ‘PPI sold to NHS staff’

By Scot | Jun 14, 2017 | 0 Comments

THOUSANDS of NHS workers have been mis-sold income protection insurance despite enjoying a no-compulsory redundancy guarantee, it has been claimed. reports Andrew Picken in The Sunday Post A Payment Protection Insurance (PPI) claims’ firm has said the policies should never have been sold to health workers as they enjoy among the best job security possible.…

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Clydesdale Bank BTB Deliver A Knockout Blow

By Scot | May 24, 2017 | Comments Off on Clydesdale Bank BTB Deliver A Knockout Blow

In April 2015, Clydesdale Bank was fined £20.7 million for the mis-management of PPI claims and client data. This was a record figure at the time and three times the previous record of £7 million for Alliance & Leicester in respect of similar offences back in 2008. Beat the Banks were right at the forefront…

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PPI scandal: A lesson in how to beat the banks

By Scot | May 5, 2017 | Comments Off on PPI scandal: A lesson in how to beat the banks

The Beat the Banks team with hundreds of years of banking experience, throw the spotlight on what we believe remains unclaimed locally for mis-sold PPI. Up to a massive £1 billion.

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Customers In Dundee ‘Owed Thousands’ In Mis-Sold PPI

By Scot | Feb 21, 2017 | Comments Off on Customers In Dundee ‘Owed Thousands’ In Mis-Sold PPI

We specialise in older claims. Beat The Banks and Evening Telegraph focus on the mis-sold PPI locally that remains unclaimed. Many people now in their late 60’s or 70’s borrowed heavily in the last 25 years.

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Thousands of divorced women robbed of PPI payouts to receive compensation from NatWest and Royal Bank of Scotland

By Scot | Oct 26, 2016 | Comments Off on Thousands of divorced women robbed of PPI payouts to receive compensation from NatWest and Royal Bank of Scotland

Beat the Banks meet with RBS senior management and as a direct result, RBS group change policy to allow second named parties to personal loans to reclaim joint loan paperwork and gain the right to half of any claim paid for mis-sold PPI.

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Banks tighten up on PPI claims as deadline looms

By Scot | Oct 31, 2015 | Comments Off on Banks tighten up on PPI claims as deadline looms

Just months after Lloyds Banking Group were issued with the biggest FCA retail fine ever of £117 million for failing to treat PPI complaints fairly, we discover that they are at it again.

We also highlight how the RBS group continually break the Data Protection Act 1998.

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