Since of the intensive media coverage surrounding the mis-sold PPI fiasco, many consumers will be aware that the major high street banks failed to prove their condition against the Financial Services Authority (FSA) in their recent court battle over the FSA’s fresh rules governing the selling of Payment Protection Insurance (PPI). This could mean that the nation’s financial supply providers will end up having to pay back 10 billion in compensation. The difficulty immediately lies in the circumstance that the news agencies have went on to the following huge tale leaving many consumers wondering why the legal battle arose in…
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June 2, 2011
Mis-Sold PPI: Why Did the Banks Take the FSA to Court?
Filed under: Uncategorized — Tags: Circumstance, consumers, Fiasco, Financial Services Authority, Fsa, insurance, Media Coverage, Mis, News Agencies, payment protection insurance, PPI, Restaurants, Short Stories, Street Banks — admin @ 4:42 pm
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