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.
📨 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!
Monthly insurance payments
St_95
Posts: 22 Forumite
Hi all. Brief background; we have just been given a mortgage offer that runs to 31 Dec '19, at worst our completion date may stretch into 2020 and therefore a new mortgage product will be needed, meaning a new credit check.
As we are ending our tenancy once we move out, we do not want to pay a years home insurance and would be looking to move to monthly payments. What I want to know is, do monthly insurance payments show as a line of credit in your credit report?
We obviously don't want any new accounts opening in case we need a new hard search from the lender.
Thanks!
As we are ending our tenancy once we move out, we do not want to pay a years home insurance and would be looking to move to monthly payments. What I want to know is, do monthly insurance payments show as a line of credit in your credit report?
We obviously don't want any new accounts opening in case we need a new hard search from the lender.
Thanks!
0
Comments
-
It depends if the insurance provider reports to any of the CRA’s.0
-
Normally no, non of my car or home insurance policies appear on my credit reports.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
-
I thought, and hoped, that would be the case! The insurer is AXA, I don't suppose any of you know for sure with them?0
-
I thought, and hoped, that would be the case! The insurer is AXA, I don't suppose any of you know for sure with them?
Yes I have been with AXA, it didn`t appear on any of my credit files, my Talk talk phone/BBand service does, home and car insurance dosen`t.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
All I can advise is that Admiral DOES show up on credit profiles0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards