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Stop Car Insurance companies charging interest on monthly payments

Submitted on Saturday 21st January 2012

Published on Monday 23rd January 2012

Current status: Closed

Closed: Wednesday 23rd January 2013

Signatures: 23

Tagged with

Law

Petition Action

Stop Car Insurance companies charging interest on monthly payments

Additional Information

If you drive a car you MUST have car insurance, its the law. Most of us would have it anyway but some would chose not to. Becasue it is mandatory though the insurance companies have us locked into a service we cannot do without and its extremely unfair they can charge us interest on monthly payments when premiums are up and into the thousands of pounds, for a service we must legally pay for. I want this process of paying interest on car insurance banned.


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