RE: Our day in Court vs the banks and PPI.......12 May 2021 17:37
McFish, I'm not so convinced anymore that the FCA is as independent as they claim they are. Too many strange have happened and are happening. Provi is going bust now (by September) and they've been around for over 100 years. I think Provi is the oldest doorstep lender in Europe (if you cancel out the beginning of Rothschild). Satsuma is going down, also. Mainstream Banks are at the end, I certainly wouldn't invest into one. Deutsche Bank, the same one, that in 1992 the then Chancellor of Exchequer begged to help the Pound Sterling, is now so heavily in dead, that even FloHo and Dr Markus Elsaesser suggest to let it go bust. And be it PPI or any of these claims, the people who took out the loans were and are never at fault, it always seems to rest on the lender.
It's about time that Financial Management is becoming a subject taught in all schools.