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Do car insurance credit check?
getdebtfree
Posts: 120 Forumite
in IVA & DRO
Hi all
I was going to renew my car insurance do they credit check?
And if they do what is the cheapest car insurance you found that are IVA friendly?
cheers
I was going to renew my car insurance do they credit check?
And if they do what is the cheapest car insurance you found that are IVA friendly?
cheers
IVA Approved first payment 16th Feb 2013, 60 months from now DF.
0
Comments
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They will only credit check if you want to pay by monthly instalments AKA taking out credit. They usually do a soft identity check though.
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
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They shouldn't - unless you are wanting to pay up by instalments. If you are transferring any claimed NCD, they'll require written evidence if this.0
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Oh dear thats a shame I can only pay in installments...
The reason being I stay with my current insurer its £42.99 a month, but I can get it down to under £20 using a different insurer....
But if they credit check ill be turned down
are there any IVA friendly ones?
cheersIVA Approved first payment 16th Feb 2013, 60 months from now DF.0 -
Hi, I dont think it will be an issue as yes it is credit but its not like you are getting anything upfront for example goods or lump sum....you are paying for your insurance monthly should you miss a payment your policy will be cancelled.
I am in a dmp and changed insurers for the same reason and there was no problems.0 -
I've never had difficulty with getting pay monthly. I'm currently with 'One Call', but prior to that, Esure.
I have heard that one or two companies get a bit sniffy with iva customers - Admiral and Swinton for example.
But as a previous poster mentioned, by and large, I think the credit check is little more than an ID verification.0 -
getdebtfree wrote: »The reason being I stay with my current insurer its £42.99 a month, but I can get it down to under £20 using a different insurer....
Can you not scrape together ~ £200?0 -
ive had no problems getting montly payments approved from car insrance-if theres no other way to pay it i dont see why they should reject you
been in an iva for 4 and a half yearsWhat goes around-comes around0 -
I also didn't have any difficulty getting car insurance and paying monthly whilst in an IVA. I'd been in mine for almost 2 years (of a 6 year term) when I applied.LBM July 2006. Debt free 01 Sept 12 .. :T
Finally joined Slimming World: weight loss 33lbs...target achieved 51wks later 06.05.13 & still there :j
Aim to be mortgage free in 2022. Jan 17 33250 Nov 17 27066 Mar 18 24498 Sep 18 20608 Nov 18 19250 Jan 19 17980 Mar 19 16455 May 19 15024 Nov 19 10488 Feb 20 8150 May 20 5783 Aug 20. 3305 Nov 20 859 Mortgage free, 02.12.20200
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