RBS admitted it was wrong, but still won’t compensate

RBS has admitted it was at fault but is yet to put things right. It seems to be another case of a big bank ignoring the plight of at-risk customers.







Derby-based Direct Help and Advice accused RBS of costing it at least £150,000 by mis-selling an interest rate hedging product.

 

The charity – which helps people at risk of being made homeless – had its mis-selling claim hearing in August 2013, but by the turn of the year was still waiting for a decision, forcing it to warn that it might have to shut down some of its services or close altogether, putting 40 staff out of work. After our article, the bank agreed it had mis-sold the product and handed over £150,000. But since then it has dragged its feet over compensation.

ADMIN: THE ONLY WAY TO GET JUSTICE AND RECOURSE IS TO USE THE FRAUD ACT 2006 AGAINST NAMED INDIVIDUALS

http://www.independent.co.uk/money/loans-credit/rbs-admitted-it-was-wrong-but-still-wont-compensate-9774264.html