PPI Scammers cost us £53 Billion.

[Calavera]

@Unreconstructed_Man

they didn’t know how much of their payments were going towards commission, didn’t get back everything they paid. They only got back the difference between whatever 50% commission would be, and whatever the commission actually was.

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That would mean £2,500 was for the policy itself. You wouldn’t get any of that back.
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50% commission would be £5,000, so you wouldn’t get that back either.

That’s a detail I was unaware of, thanks.