Half a million PPI complaints filed

Financial Ombudsman Service states that more than 500,000 PPI complaints have been filed, 140,000 complaints alone this year, the FOS predicts more than twice as many claims to be filed over the next year, the FOS has sided with customers in more than 70% of cases, however they are overworked with all the claims which have been filed so far which means some customers have been forced to wait for more than a year to get their money back

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