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Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the ...
Millions of motorists in the U.K. could be entitled to sizeable compensation payments if the country's Supreme Court decides ...
Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), potentially increasing lenders ...
Britain's Supreme Court overturned a previous ruling deeming certain car finance agreements unlawful. This decision, ...
French insurer AXA won a London court ruling on Friday worth nearly 675 million pounds ($908 million) against Santander over ...
The study is the latest example of the FCA's Consumer Duty push, and is likely to evoke memories of the mis-selling of payment protection insurance on loans, or PPI, between 1990 and 2010.
During the 1990’s, an 8th Circuit Court ruling and the Gramm-Leach-Bliley Act reinforced the OCC’s claims, moving payment protection firmly out of the “insurance” realm. The agency issued a rule in ...
The New York Department of State’s Division of Consumer Protection is urging consumers to guard their money and financial information against payment app scams. Payment apps such as ...
Average Monthly Cost of Mortgage Protection Insurance The average rate of MPI will vary depending on the mortgage amount, term length, your age and health and your lifestyle. For example, the ...
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