confused about interest

ruby6kids

Hi

I am trying to sort out renewing my husbands car insurance, he has always paid in one go and this time as we now have a bank account and not enough money we wanted to pay monthly.

the monthly option wants us to pay interest - we do not want to pay interest and always try to avoid anything which gives or charges interest - so what can we do?

is there any insurer who does not charge interest on monthly car insurance payments?

Thanks

jem16

Very few if any will allow you to pay monthly and not make a charge.

epsilondraconis

If you find one that does, you'll probably find the premium is higher than when taking your best quote and adding the charge for the interest.

Before you take our the car insurance check whether you can get cashback through quidco, topcashback or other similar web site. Remember don't select your insurance based upon the anticipation of getting the cashback, it always safer to go with the lowest quote that gives you the coverage you need and then see if you can get cashback.

https://www.quidco.com
https://www.topcashback.co.uk

zkw29

Direct Line currently offering 0% interest on installments for new policies set up online and on the phone.