Getting a loan for a car insurance premium? UK? related questions

Asked by
What is automatic premium loan provision in insurance? And in which section of insurance act it is written?0Hope2012-09-11 09:41:05
On top auto loan if the policyholder forgets his / her cousin is automatically adjusted from value.In cash / funds that act as written
Finance Company retro added Insurance Premium to loan principal already provided proof of Insurance?1aiyunna2012-09-10 01:42:03
I refinanced my car in September 2008. I received a notice in November that insurance had been added to the balance of my loan because I did not provide proof of insurance. Upon notification, I called my insurance company and asked to provide my financial company with proof of coverage. I said finance company received a letter once sure would be eliminated. A week later I got a call from my finance company stating that they have received proof of coverage, but not shown as leinholder so can not credit my account to be sure. Then I call my insurance company again and have updated my faxes leinholder agent another letter. I call my finance company back and say they have received a letter from my agent, but shows the policy effective date 10/28/08 so I can give only partial credit insurance premium that left added to my first loan of 630. Again I call my agent card statement showing request showing that the car was covered flawlessly since being acquired in 2007. I follow up the letter with the bank explained that despite demonstrating that have been covered since 2007 have the right to charge the premium for not having been listed as leinholder in my safe until 10/28/08. They told me that they were not protected if an accident had entered in September. I explain that they have the title of my car and displayed as leinholder in my title, plus they had full coverage on my vehicle in September. Plus it is now December are retro billing for services not rendered. MedlinePlus MedlinePlus When asked if there is anything that can be done. They said no, because they were not listed as leinholder with my sure they have the right to bill lapse in coverage even though I recognize that my car was insured. I am currently trying to get my insurance to lein holder retro but that is proving difficult as well. I live in the state of Missouri I was wondering if anyone has any advice on how to deal with this situation, what are my rights as a consumer? Do I have any legal recourse? Because insurance finance company just charged me an additional amount on the payment of my regular car (You pay my normal car has been paid). I was warned if no payment within a week will consider paying my car later and add a additional late fee. What should I do? Any advice would be helpful Thanks in advance.
Getting a loan for a car insurance premium? UK?0Teah2012-08-12 09:31:03
I want to get a loan for 2,500 pounds of my bank. I've never been in debt to them , or anyone else . I live with my parents, and expenses are minimal. I have a full time job , Construction and desktop programming , computer hard drives and DVD duplicators . I pay between $ 200 - (. Depends on how busy it is) of 300 pounds per week Ok so the loan itself is a car insurance premium to insure my car for about 2500 pounds. As you earn around 1000 pounds a month , I so easily be able to afford the loan payments . Do you think I will give the loan? And if not why, and what he could do to improve my chances of getting this loan? Thanks for reading, I know it's a little long , so I appreciate any answer Replies greatly appreciated! Thank you !
Mortgage insurance premium not listed on form 1098?0Andraline2012-09-09 14:32:02
Doin taxes online at the moment and I realized that no mortgage insurance premiums that I paid my lender ar shown in 1098 that sent me . I can look into my acount and see that I paid about $ 600 worth , but not in the form. Our adjusted gross income is only about $ 50,000 and this was the residence primamry through an FHA loan '30s. Why not listed and does that mean it is not eligible for a deduction ?
Is there a mortgage insurance premium charge at closing for conventional loans?0Tamera L.2012-11-04 01:52:18
I know there is a mortgage insurance premium around 1.5% when you close on a FHA loan, but I was wondering if the same charge apply when you close on a conventional loan
Should I pay Single Mortgage Premium to avoid PMI?1Lonly2012-08-22 03:03:02
I am thinking of buying a house for $ 200K and have saved a total of $ 28k in cash. I am a first time buyer , have an excellent credit score and provides a mortgage rate of 5.25 %. I'm willing to put 5% down and the use of a single premium mortgage to avoid PMI monthly . What is a typical premium rate for this type of loan you can expect to pay at closing ? And best to pay this "fee" in cash or added separately to the amount of the mortgage? I have the impression that taking a second mortgage (80-20 or 80-15-5 ) would be more expensive than the mortgage premium. I am also thinking of buying a used car ($ 12 - 15k ). Should I pay for it with part of the money I saved (and reduce the house payment ) or is it funded? Is there a way a way to get the vehicle financed with money from the mortgage, because it is probably cheaper than the interest rate I will take a used car ?
Single premium immediate life income annuity?1naisha2012-11-02 22:31:03
Is there a program for a 10 year loan that allows me to borrow money to buy a whole life policy for people who can make my own annuity income for life ? (1035 change ) now if I can buy one policy ( for example , $ 100,000 for half its value in cash ( $ 50,000 ) with the bank money .. i could repay the loan with interest that I get annuity ? would this a good deal? any info would be appreciated
Are premium bank accounts worth the money (UK Answers please)?4ty2012-11-03 10:40:02
Hello , MedlinePlus MedlinePlus Within the next 12-18 months I will be looking at getting my first mortgage . MedlinePlus MedlinePlus My bank recently went on a mission for me regarding the sale of your current payment account which offers numerous benefits for payment. I was pretty uninterested in things like travel insurance and roadside assistance as I have these things and cheaper than it would cost to own. MedlinePlus MedlinePlus What interested me was the mention of preferential rates for mortgages and loans to its premium customers . MedlinePlus MedlinePlus To get my first mortgage soon , an account of this type have a big impact on my ability to assess and ensure the mortgage you want ? MedlinePlus MedlinePlus Obviously , the bank staff were quite reluctant to this detail until I signed on the line! MedlinePlus MedlinePlus Thanks in advance .
Loan of car with no insurance to someone with non-owner's insurance?0Mason2012-08-28 21:37:04
I have a car that broke a month ago , so I canceled the insurance and turned on the labels ( as supposed to ) because they could not pay the garage bill more public transport prices and insurance . MedlinePlus The car is fixed, but no longer require it . Someone who knows that you are buying , but so far no uninsured owner . If they maintain that insurance for another 2 weeks will the requirement for six months to ... whatever it is , and get insurance on the car I'm selling is $ 50 cheaper per month . MedlinePlus The first thought is to wait until you can get insurance and sell it that way , but his current car is on the downswing and you need one now . His was a mechanic on several occasions in recent weeks and the repairs that would cost more than the value of the vehicle . MedlinePlus So I thought that I can pay him and keep the title in my name until it ends its six-month non-owners then transfer the title . The only information that can be found on a similar theme has to do with the car now have insurance and a license plate , in which case the costs would happen to fall into your lap , not mine . MedlinePlus MedlinePlus My question is, what lends the uninsured car insurance someone not of legal owner for 2 weeks ?
How would these variables affect the "premium" for inner-city housing (relative to housing further away from t?0K2012-09-10 18:44:03
a city) ? MedlinePlus MedlinePlus 1. Royals from holding financial assets . This was the more surprising , since it has a strong negative correlation (99.98 % significance ) . Any idea why ? 2. Tax rate : consumption not rent . Also a negative correlation . How are within the city suburbs taxed at a higher rate than their counterparts outside the city ? MedlinePlus 3. Savings Rate . This is obvious , and strongly positively correlated . MedlinePlus 4. Homes financed by loans secured revolving . That is, loans that are secured against assets , and where you can pay a variable time , instead of having to make a constant payment each period . This correlates negatively. MedlinePlus 5. The real changes in equity . Again, a negative correlation. Any idea why ? MedlinePlus All are within 98 % statistical significance . MedlinePlus MedlinePlus Thank you guys .
Fender bender - Lapsed insurance on friends truck - but I have insurance on my truck.?0aaniya gill2012-11-03 22:57:50
I have had a car on "loan" (perminent) at the house, I needed to use it to get to work, as a situation arose where I could not use my truck. 1.5 miles from home, I rear ended the person infront of me, (foot slipped from break) at a yield sign. I was going 5 mph. The vehicle I was driving was a 80's light truck - the grille and head lamps got smooshed. Driver #2 was driving a big huge suburban. pulled over, police came, report was written - it was discovered the insurance was lapsed on my friends truck. CRUD! I let the officer and the driver know that I would be happy to take care of anything that need to be done, so, all was OK. Driver #2 , The officer and I saw no visable damage to her SUV. I said, have it checked out, and let me know. I get a phone call from Driver #2 - with a 750.00 estimate on her bumper. Remember no visable damage. What should I do from here, I have Insurance on my Vehicle, but what if this estimate is for esthetics? Shouldnt her insurance contact me?
Insurance for a Car Loan..?2couriousgirl.2012-11-01 22:34:02
The thing is .. I just recently got my aunt to co - sign a loan on a 2001 Chrysler Sebring lxi . My boyfriend and I will be those with the car , but I on the other hand , I have a learner's permit , so I am unable to handle it , but my boyfriend has a license so he can . So to the finance company that we are paying the money I have on file , because I'm the only one with income , since he has no job. MedlinePlus MedlinePlus The problem I have is that the financial institution has my information , but " I" can not get insurance for myself as I will not be driving the car , just my boyfriend . So my question is , I have a learner's permit and have the driver's license and be, I can just put your name by insurance? The finance company called " proof of insurance " , but I'm not going to let him have insurance on your behalf , as the loan is in mine ? I do not want to get denied because a factor as it was accepted by the loan . MedlinePlus MedlinePlus Sorry, I'm new at all this :/ MedlinePlus MedlinePlus Any help is appreciated, Thank you !

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions