Analyst opinion

UK car insurance providers must be careful about charging interest

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24 August 2009

London –  The latest report from the Automobile Association in the UK reveals the extent to which car insurance providers charge for monthly repayments of car insurance premiums. Datamonitor’s Financial Services Consumer Insight research  suggests that this tactic may not be sustainable in the long term, given consumers’ growing value awareness and the financial difficulties in which many find themselves. 

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Robert Mattai is available for comment.

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