FIN.

FOS publishes Q2 information

FOS has published complaints figures for July – September 2020 (Q2 2020). It:

  • received 69,000 complaints in total
  • received over 5,900 Covid-related complaints
  • referred over 9,000 complaints to an Ombudsman
  • upheld 41% of complaints excluding PPI and 32% including PPI
  • upheld 88% of guarantor loan complaints
  • received 391 complaints from SMEs – a 200% increase on the first quarter
  • saw an increase in complaints about credit cards
  • has begun to resolve some SME complaints about BBLS and CBILS
  • has seen fewer PPI complaints than expected.

 

 

Emma Radmore