Direct Line payment help!

Hey all

Iv taken out a insurance policy with direct line, monthly installments.
Iv had to pay a deposit, followed by the 9 monthly installments.
What does the actual deposit cover, how many months?
If you are a direct line customer, when was the next payment after the deposit?
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Comments

  • Keith
    Keith Posts: 2,924 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Your next payment will be next month, deposit equals 1 month plus a percentage, surely you asked? Do you normally pay money to people who just ask for it?
  • molerat
    molerat Posts: 34,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You have taken out a credit agreement (and agreed to pay) for a whole year policy. The deposit does not cover any particular amount of time. (If you purchased a 3 piece suite on credit the deposit would not pay for one sofa !!)
  • pullthepin
    pullthepin Posts: 80 Forumite
    they told me the deposit covers the first 2 and a half months, and then i only have to pay the last 9 installments.

    so your both wrong =)
  • robnye
    robnye Posts: 5,411 Forumite
    Part of the Furniture Combo Breaker
    thats correct, but the first of the 9 payments will be approx 1 month after the deposit is taken
    smile --- it makes people wonder what you are up to.... ;) :cool:
  • pullthepin
    pullthepin Posts: 80 Forumite
    robnye wrote: »
    thats correct, but the first of the 9 payments will be approx 1 month after the deposit is taken

    no its 2 and a half months from now (when the cover starts/when the deposit is paid), the deposit covers the first 2 and a half months then you pay normal installments
  • KeithP
    KeithP Posts: 41,230 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Are you trying to test us Pullthepin?

    You seem to know all the answers to your own questions. :confused:
  • pullthepin
    pullthepin Posts: 80 Forumite
    KeithP wrote: »
    Are you trying to test us Pullthepin?

    You seem to know all the answers to your own questions. :confused:

    thats because i rang em lol, even if i was testing you, failed becaus seee it seems the answers are made up (not urz)
  • KeithP
    KeithP Posts: 41,230 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    pullthepin wrote: »
    thats because i rang em lol,
    <snip>
    What a brilliant idea. :T

    Why don't more people do that I wonder?
  • pullthepin
    pullthepin Posts: 80 Forumite
    KeithP wrote: »
    What a brilliant idea. :T

    Why don't more people do that I wonder?

    because it costs money?:money:
  • jonathon
    jonathon Posts: 751 Forumite
    Part of the Furniture 500 Posts
    pullthepin wrote: »
    no its 2 and a half months from now (when the cover starts/when the deposit is paid), the deposit covers the first 2 and a half months then you pay normal installments



    are you sure because i would have agreed with robnye
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