CCI in the news
CBA will plead guilty of miss selling CCI
Commonwealth Bank of Australia (CBA) says it will plead guilty to 30 criminal charges filed by the corporate regulator alleging the business mis-sold consumer credit insurance (CCI)...
Mutuals Are No Longer Selling CCI As At September 2020
Credit unions, mutual banks and mutual building societies have stopped selling consumer credit insurance (CCI) products since September last year, according to the Customer Owned Banking...
ASIC slams banks over ‘junk’ insurance for home loan customers
The corporate regulator is threatening legal action over an insurance it says “has consistently failed consumers” but two banks continue to offer the product. Major lenders ANZ and...