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Alliance + Leicester
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Hi All...
I took out a loan with Alliance + Leicester with their own insurance, i am going to start looking at outside companies who offer cheaper insurance. Firstly can you guys give me some pointers on cheap but good companies to use and secondly, if i ask Alliance + Leicester to cancel my insurance can they refuse..? or even ask for the loan to be paid in full because of it.
Many Thanks..
I took out a loan with Alliance + Leicester with their own insurance, i am going to start looking at outside companies who offer cheaper insurance. Firstly can you guys give me some pointers on cheap but good companies to use and secondly, if i ask Alliance + Leicester to cancel my insurance can they refuse..? or even ask for the loan to be paid in full because of it.
Many Thanks..
0
Comments
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aj,
Have a look on moneysupermarket for payment protection or income protection insurance. Remember though - if the worst did happen your a&l loan is unsecured.
As for A&L, they cannot withdraw the loan completely, but they can 're-score' you and charge a higher interest rate. How far into the loan are you?
R.Smile, it makes people wonder what you have been up to.
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well it's a 3 year loan, i am probably around a year into it...0
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