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Car insurance with bad credit

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  • 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 !!
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