Comment
Ian Guider: The state’s silence is deafening as Pepper turns the screw on mortgage holders
If the courts rule to protect these customers, the funds which bought their loans are in trouble. But whose fault is that when the government invited them in?
On the doormats of tens of thousands of mortgage holders this week landed another letter from the credit servicing firm Pepper, informing them of yet another increase in their repayment costs. The increase had been trailed in the media with a press release stating that Pepper had a “customer outreach campaign” for those who were struggling with their loans.
Given the scale of the interest rate increases – up by a further 1.25 percentage points ...
