Insurers vow to learn from CMA report blow to combat credit repair inflation

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The Competition and Markets Authority’s decision not to address the rising cost of credit hire has led to a “free for all” in credit repair cost inflation, according to insurers, who have vowed to unite to tackle the issue.

In the five months since the CMA published its final report on the UK private motor insurance market, which did not include proposals on tackling credit hire costs, industry players have raised

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