Originally Posted by John Laverick
Dan, if you have a policy and pay by direct debit, if you cancel the direct debit and walk away you will end up with a bad credit reference which I don't want.
Not true john...
If its Direct Debit then you can walk away from it at
ANY GIVEN TIME during your renewal term,
WITHOUT getting a bad credit score
If you pay a monthly standing order to a finance company and decide to cancel your policy 'mid-term' then yes, you will have to pay any shortfall due or they will chase you and again it could effect your credit rating
Damo, do yourself a quote on Elephant and see the difference between a 10 Month Bonus Accelerator Policy and a 12 Month policy, there is certainly a difference between them my friend!