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  • #1

    £2.8m fine after Phones 4U mobile insurance - on customers.....

    £2.8m fine after Phones 4U mobile insurance - on customers.....

    This is a duplicate of the Blog Entry made on 3rd July 2013 15:56.

    .......had mis-selling complaints wrongly dismissed Thousands of people who bought mobile phone insurance through Phones 4U did not have their...

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    Tags: banks, complaints, consumer, customers, debt, fine, fines, guidelines, insurance, mis-selling, mobile, mobile phone, people, phones, phones 4u, ppi, redress, regulators, scandal, selling, size
  • #2
    Re: £2.8m fine after Phones 4U mobile insurance - on customers.....

    Now that's a decent fine. Not like the piddling amounts other so called regulators give, that do nothing to deter bad practice.
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    • #3
      Re: £2.8m fine after Phones 4U mobile insurance - on customers.....

      How good would it be if fines like this start to hit the banks for the obvious lack of following the regulators guidelines in the PPI scandal by the banks.

      Yes they are being tonked by the redress aspect but once they have been caught with the fingers in the cookie jar the widespread practice of trying to make it hard for the consumer to get what is rightly theirs back should also be getting the regulators attention.

      A few stonking fines would soon bring them into wanting to settle correctly.

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