Mis-sold PPI Just The Tip Of The Iceberg That Sunk The Good Ship ‘Fair Banking’
We all know that the way we’ve been treated by banks is shocking, from mis-sold PPI and endowments to excessive bank charges and record levels of interest. Right now, we’re being charged more in interest than at any point over the last 12 years and to borrow our own money back from the banks. But while we get hit with record interest levels, the Bank of England Base Rate remains at 0.5% meaning any savings we have are virtually standing still.
Part of the problem with banks is they’re greedy, this results in screwing every penny from a good customer and doing anything to get another sale on the board. A recent article in the Daily Mail discusses just how bad pressure selling has got in our high street bank branches…