Since when does a direct debit become a loan agreement?
edited 30 November -1 at 1:00AM in Insurance & Life Assurance
8 replies 1.1K views
Last week I took out an empty home insurance policy. As usual I chose to pay by monthly direct debit. I received an email today from Close Brothers setting out the terms for a finance agreement for the loan of the money for the direct debit?! What is this all about, I have never encountered this before?
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