GE Capital fined £610,000 for selling PPI inappropriately - Instablogs

GE Capital fined £610,000 for selling PPI inappropriately - Instablogs

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GE Capital fined £610,000 for selling PPI inappropriately

Rahul Bhandari , Shimla: Jan 31 2007

Made Popular Jan 31 2007

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The Financial Services Authority (FSA) fined GE Capital with a £610,000 and may be forced to pay compensation to its customers for selling Payment Protection Insurance (PPI) inappropriately. GE sells some 850,000 PPI policies a year and has...

Tags: Financial Services Authority, GE Capital, Payment Protection Insurance, Business

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