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With a credit agreement (Car Insurance) can you cancel that any time and pay it up?
*Kat*
Posts: 1,829 Forumite
My insurance for the year is something like £580, or £90 per month, I want to just have a couple of months where I pay monthly, then pay off the rest in full, are you able to do that?
BTW. I am with Admiral
BTW. I am with Admiral
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Comments
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Is this an existing agreement? It might either be a DD with Admiral - in which case call them to find out - or a credit agreement with a third party - in which case it's less likely.0
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Might be less hassle just to pay for it on a credit card, do a couple of monthly payments then pay it off, if that's an option?0
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Yes you can. But why on earth would you do this with such a big cost for credit, you should approach them and request that the credit value be reconsidered.0
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Sorry I realise you have not done this yet, I agree with the credit card option if you must do something like this, what about just getting 2 months cover? and then buying another policy in full?0
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