The average £1,700 payout could earn you more for years to come
Thursday 17 Oct 2019 Author: Tom Sieber
The deadline for payment protection insurance (PPI) claims may have just passed but judging by the new provisions revealed by the high street banks many of us waited until near the August deadline before applying for compensation. With the average compensation payment standing at £1,700 according to the Financial Conduct Authority, and sometimes running to several multiples of this figure, a PPI payout can represent a healthy windfall. Not...