We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Car insurance with bad credit

2»

Comments

  • stassy23
    stassy23 Posts: 404 Forumite
    im on a dmp and i got insurance ok paying monthly
  • LeeSouthEast
    LeeSouthEast Posts: 3,822 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    Most insurance companies (afaik) use the credit check to confirm identity, and set your APR. I've never heard so far of them saying "you can't" pay monthly.
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
    Do something amazing. GIVE BLOOD.
  • Watalie
    Watalie Posts: 535 Forumite
    I think it's more a "confirm you are who you say you are" check than a credit check.

    Good Luck!
  • LMCD
    LMCD Posts: 649 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I got knocked back from AXA (used to work them too hurumph!) they were saying it was to do with the post code that they wouldn't due to bad customers in past (I could not be bothered looking into it any further)....well I said whats the point in that...if you don't pay direct debit you don't have insurance but here I am all willing to pay a deposit and they still said no!! SUX.

    but hastings were best quote after that..now am goin to try save up and pay off next years in a lump sum. hope you get on ok!!
  • My renewal is due and existing company wants 260 quid could get it for 155 if I didn't have bad credit 5 companies knocked back monthly payments
  • e4rub
    e4rub Posts: 720 Forumite
    Part of the Furniture 500 Posts Combo Breaker Debt-free and Proud!
    I'm on a DMP and we have changed insurance companies whilst on DMP. Had no problems at all. Did it through Go Compare. Don't think you will have a problem at all xx
    Debt Free Date 1st August 2016 Sealed Pot Challenge #14
  • it is also worth remembering :eek: that even if you pay monthly and you need to make a claim all insurance firms require you pay the outstanding amount in full before the any claim will be settled and that includes if someone bumps into you !!!

    MB
    three things for the life ahead
    Faith Hope and plenty of Charity
  • it is also worth remembering :eek: that even if you pay monthly and you need to make a claim all insurance firms require you pay the outstanding amount in full before the any claim will be settled and that includes if someone bumps into you !!!

    MB

    That is not correct !!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.