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Car dealers unable to actively sell PPI within seven days of selling a vehicle on finance
(02/02/2009)

The Retail Motor Industry Federation (RMIF) warns that car dealers are unable to provide PPI at the same time as finance packages sold to their customers, because of new restrictions on the sale of payment protection insurance (PPI). The Competition Commission has announced that in order to address a perceived lack of competition in the PPI market, they are to restrict the sale of PPI products by loan providers and retailers who provide loans.... [more]

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