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    How insurers are ripping you off.

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    papa_umau
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    How insurers are ripping you off.

    Post by papa_umau on Tue Jan 16, 2018 11:40 am

    How insurers rip you off: Paying by instalments for car and home cover costs Britons £500million.

    Up to 7.6m motorists and 8m homeowners are being ripped-off, figures suggest.

    Monthly customers charged £300 a year more than those who pay annual fee.

    Customers invited to pay premium monthly if they cannot afford large lump sum
    But insurers treat the premium as a ‘loan’ – and charge punitive interest rates.

    Get the full story from The Daily Mail HERE




    Well, there you are; you maybe wondered about this, but these facts mean you cannot deny any longer that paying by instalments can be a very expensive way to do it.


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    Best of regards

    Papa......


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    zathrus
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    Re: How insurers are ripping you off.

    Post by zathrus on Wed Jan 17, 2018 11:16 am

    You have just confirmed what I always suspected.

      Current date/time is Fri Sep 21, 2018 10:55 am