9
Jun/090

Getting Compensation - It Pays to Complain

In 2008, statistics showed that over 50% of people who made a claim to the FSA watchdog received compensation.

The Financial Ombudsman Service suggest that claims and Complaints on a wide range financial services companies have reached record levels with the mediating body handling over 115,000 complaints last year, and has seen problems with savings account providers increase by 100%. As further evidence of increasing bad practice, complaints about credit card issuers and loan providers increased by 200%.

Related posts:

  1. New Rules for Credit Cards
  2. Lloyds Banking Group stops PPI sales
  3. Halifax: UK house prices on the increase
  4. Consumers Given False Information over Credit Card and Loan Claims
  5. Financial Irregularities and Credit Mis-selling

Filed under: Financial Services Compensation
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