Competition Commission looks into banks’ payment protection – The Times

Posted June 6th, 2008 in banking, competition, consumer protection, insurance, news by sally

“Banks that have sold payment protection insurance (PPI) could face a wave of compensation claims after the Competition Commission said that 14 million consumers had been overcharged by an estimated £1.4 billion, or an average of £100 a year.”

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The Times, 6th June 2008