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Decision of the Competition Insurance Tribunal

21 October 2009

It was reported on www.bbc.co.uk on 16th of October 2009 how the sale of PPI continues to be engulfed with confusion and controversy. It reported that the Competition Commission intention to ‘restrict PPI sales at the point when loans
are granted’ failed to be sanctioned.

This decision was made after a challenge by Barclays Bank. The Competition Appeal Tribunal claimed “The Commission had failed to take into account the loss of convenience which would flow from the imposition of the point of sale prohibition”

At Challengeyour.com we have built a successful reputation at challenging mis-sold PPI. Our team of experts are able to recover money when premiums are sold to a client that are either not suitable to the needs of the individual, or if the insurance was sold without a full explanation of the terms and conditions.

If a successful claim for PPI is made through us, we will be able to recover for you all of the premiums you have paid so far in addition to 8% simple interest. Any premiums that are outstanding will be taken away from the remainder of the balance.