more set asides9 Sep 2019 12:22
As previously mentioned before its never ending. I remember the Ppi charge on my credit card appearing in about 1987. I rang the bank and had it stopped and the charges for 2 months refunded, how did this turn into a multi billion pound fraud? Some people really should not have bank accounts or credit cards. The whole system is about debt entrapment . Now its solar panels. Thousands of people who bought solar panels have complained to a financial watchdog that they are not bringing them the returns they were promised.
Many people took out loans to pay for panels on the promise they would save thousands of pounds in electricity costs and make money generating power.
They say they have not had the expected savings, and the Financial Services Ombudsman has had 2,000 complaints.
Barclays Bank has put aside £38m to deal with potential claims.
Brian Thompson from Rowlands Gill, Gateshead, told BBC Inside Out he was contacted by a salesman for PV Solar UK but told him he did not want to take a loan on as he was preparing for retirement.
He said he was told the move would provide money towards his pension, which persuaded him, and he took out a loan with Barclays of more than £10,000 over 10 years. No doubt a government grant was approved too. Put the salesman in jail, put the bankers in jail. End of problem