PPI Claims Sends Lloyds Into Red By £3.9bn‎

[Mame Biram Diouf]

LLOYDS Banking Group has plunged to a £3.9 billion loss in the first nine months of the year, sparking a warning that it may be forced to put back some of its recovery targets until after 2014.

The loss was largely triggered by a £3.2bn provision to cover mis‑selling of payment protection insurance (PPI), which was one of the first actions of new chief executive Antonio Horta‑Osorio earlier this year.

However, the Portuguese banker stunned the markets last week when he went on sick leave suffering from stress and fatigue, the bank repeating yesterday that he is due to return by the end of the year despite growing scepticism in the Square Mile.

Underlying pre‑tax profits at Lloyds fell 25 per cent to £644 million in the three months to the end of September from £855m.

Anyone here had to claim any back

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This is a drop in the ocean for the amount of money backs owe use but its nice to see a very minimal amount of justice

[MARVELL]

i got £960 back, from credit cards and a small loan i took out years ago. dont use any of those no win no fee firms though, cos you are most likely TO win and they will take over 20% or more of your claims. although you could use them and just not pay them.

[Mr. Gayle]

Im still waiting for my claim to go through

[Guest haze-e]

How do I claim?

[Badman]

jeez all you man too out insurance with ur loans/credit cards?!

Im the only one pissed seems like

[Mr. Gayle]

How do I claim?

http://www.fscs.org.uk/can-we-help/

[Afroman]

How do I claim?

http://www.fscs.org.uk/can-we-help/

safe

[Skola]

i tried some company you phoned

turned out after their fee i woulda only ot like £50

i had ppi on a credit card that i had for a year or two. cant find any of the statements to check etc tho