First it used Arnold Schwarzenegger's animatronic head to urge consumers to reclaim PPI – now the Financial Conduct Authority (FCA) has enlisted two more celebrities in its campaign as next year's deadline approaches.
Several major banks have started accepting Section 75 and chargeback claims from House of Fraser customers who have been waiting weeks for undelivered orders and refunds, MoneySavingExpert.com can reveal – and some shoppers have already got their money back.
More consumers are making mis-sold PPI complaints themselves instead of going to claims management companies, a report by the financial regulator has said.
More consumers may be able to reclaim cash if they paid high levels of commission on PPI and weren't reminded of this throughout their policy, under a new rule proposed by the regulator.
A judge has ruled a couple should receive all of the 76% commission they paid on their PPI policy - but if you took out PPI and want to get ALL of your commission back, you'll likely have to go through the courts for now.
A mortgage holder received a PPI reclaim payout of £3,364 - on a policy he previously claimed more than £12,000 from whilst on sick leave from his job.
Claims firms will have to clearly spell out their fees and direct customers to free alternatives BEFORE they sign any contracts, under new plans proposed by the financial regulator.