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Norwich Union - new credit agreements?
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tenchy
Posts: 486 Forumite
Just received my home insurance renewal (gone up by 10%) and it now includes a credit agreement. I've always payed monthly but previously there's been no mention of a fee for credit.
Last year the premium included an 8% admin charge. This year I can't find any reference to an admin charge but they've slapped on 7.2% interest for paying monthly.
Anyone shed any light on what they are up to? Have they hidden the admin fee and put on a new credit charge?
Thanks,
Chris.
Last year the premium included an 8% admin charge. This year I can't find any reference to an admin charge but they've slapped on 7.2% interest for paying monthly.
Anyone shed any light on what they are up to? Have they hidden the admin fee and put on a new credit charge?
Thanks,
Chris.
0
Comments
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Its the same thing just worded in a more compliant manner.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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OK, thanks for that.0
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