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The Independent UK
The Independent UK
Business
Vicky Shaw

Which? calls for ban on charging extra for pay monthly motor insurance

Which? said an estimated 15 million customers across the UK use premium finance to pay for motor insurance (Alamy/PA) -

Some motor insurance customers could find themselves being charged rates higher than they might pay on a credit card if they cannot pay for an annual policy up front, according to Which?

Premium finance gives customers the option to pay for their policy in monthly instalments rather than annually.

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