Lloyds PBA provision up £837m
The Lloyds Banking Group have today announced a further £2.1bn addition to it’s PPI bill.
Whilst this is the headline figure, there is a hidden gem when you scratch the surface.
This is the biggest addition for this latest scandal to date, taking the Lloyds PBA provision to £1bn, and the overall bill to £1.6bn.
Whilst this is currently small scale compared to the huge amount set aside for PPI claims, the latest saga is gathering momentum.
About PBAs & Our Service
There are approximately 10 million PBA’s that remain active today, and with potentially millions more that have been closed.
Packaged Bank Accounts attract a regular monthly fee, generally between £5 – £30, in exchange for various products such as mobile, travel and breakdown insurance, to name a few.
Much like PPI, it appears banks have abused their position to mis-sale these accounts in order to generate obscene profits at the expense of their customers.
Not sure whether you qualify? Check here to see whether you may.
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Option #1: Fill in the ‘Start Your Claim’ form on this page. We’ll send you out a form in the post for you to complete. Once we’ve received the form back in the freepost envelope we provide, we’ll make a start on your Packaged Bank Account claim.
Option #2: Click the ‘Download Claim Pack’ button. Simply print out the form, complete it and send it back to us. Our address and email address can be found here.
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