Lloyds Credit Card/New Scandal/Compensation-refunds

[di30]

This is quite new and from what I can gather not involved with the PPI, but its found that Lloyds Bank sold a cover like CPP, or added it on........
Am still trying to research more on this one.....

Check this out here:

http://www.dailymail.co.uk/news/arti...-millions.html

Lloyds facing new mis-selling scandal: Bill for worthless card insurance may be millions

• Bank sold protection policies for fraudulent transactions on stolen cards
  
• But banks are already obliged to compensate customers for fraud
• Fears it could spell trouble for the taxpayer as Lloyds is state-backed
  

Read more: http://www.dailymail.co.uk/news/arti...#ixzz2uBwjEEIw
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