The FCA has announced it’s looking into premium finance – the unjust ‘tax on being poor’ for those who can’t pay for their insurance upfront each year and are charged excessive monthly rates of interest as a result. "This is a positive step, but it must lead to real action and consequences for insurers who are ripping us off," said a Which? spokesman after … [Read more...]
Rogue car dealers and parts traders facing clampdown
Rogue car and parts dealers face a clampdown after a new law is passed to prevent them advertising on-line. In future, search engines and social media platforms face fines of up to £18 M or up to 10% of their global revenue if they fail to remove the fraudsters' content once identified. Britain's Consumers Association has been in the forefront of fighting … [Read more...]
