| |
Major Site Upgrade in Progress |
|
Roberts
Beginning Saver
Joined: 06 Jan 2007
Posts: 25
Cash Points ££ 464.36
|
|
|
 |
|
 |
|
 Posted: Sat Jan 06, 2007 5:44 pm Post subject: Payment protection insurance - is it worth it ? |
 |
|
|
 |
|
 |
|
|
|
|
| I have been paying payment protection insurance for years, is it worth it incase I lose my job ? |
|
|
|
|
|
|
|
Wade
Saving Enthusiast
Joined: 17 Feb 2005
Posts: 185
Cash Points ££ 2569.94
|
|
|
|
|
|
|
| Posted: Mon Jan 15, 2007 2:27 am Post subject: |
|
|
|
|
|
|
|
|
|
|
No
in virtually everycase your being ripped off !
TO buy PPI with your loan is usually money flished down the toilet.
If you need protection then get it seperatly on the market. |
|
|
|
|
|
|
 |
|
 |
|
JayJay
Newbie
Joined: 25 Oct 2006
Posts: 18
Cash Points ££ 333.60
|
|
|
|
|
|
|
| Posted: Wed Jan 17, 2007 2:53 am Post subject: |
|
|
|
|
|
|
|
|
|
|
I borrowed £1200 from Egg over 60 months and they added a
charge of just over £1800 onto the agreement for the accident sickness
unemployment cover. This also had a 6 month excess. I always new it
was expensive but that figure is just silly. I called them to make
them send me an agreement without it and the guy on the phone thought
I was out of my tree for not wanting it. And then there was that
thing on telly last night where loyds tsb flogged this cover to a
blind man who was unemployed and living on benefits. Luckily for him
though the telly made them refund his insurance and let him pay the
loan back at £1 per month.
To get any benefit back from it I would have to be out of work for 6
months before they would start paying my £230. Then they would have
to do this for another 8 months before the claim was more than the
premium. Plus all this time I would have to be on job seekers
allowance who would make me get a job stacking shelves which
presumably would put an end to my claim anyway! |
|
|
|
|
|
|
|
cardjunkie
Professional Investor
Joined: 24 Jul 2004
Posts: 311
Cash Points ££ 2248.20
|
|
|
|
|
|
|
| Posted: Sat Jan 20, 2007 5:37 am Post subject: |
|
|
|
|
|
|
|
|
|
|
I agree, they are worthless !
A con !
So many get out clauses to prevent anyone from actually being able to claim a penny ! |
|
|
|
|
|
|
 |
Online Finance Tools & Calculators |
 |
| Credit Score Calculator |
Easy to use online Credit Scoring tool - Calculate your credit score now online for FREE ! using the Moneyforums.co.uk credit scoring tool. Also TEN Tips on improving and mainting a good credit rating ! |
|
| Quick Health Calculator |
Easy to use quick health calculator to help you get started on the path to fitness. Calculates your body mass index (BMI). |
|
| "When will I die ?" Calculator |
Calculate when will you die based on your current life style and then more importantly what you can do about extending your lifespan ! |
|
| Mortgage Calculator |
Easy to use online Mortgage calculator tool - Calculate how long it will take to pay off your mortgage and what your monthly repayments will be as well as interest charged per month per each year. |
|
| Savings Calculator |
Use the flexible savings calculator to estimate the amount of interest you would earn given a level of monthly savings, with many optional settings. |
|
| UK Tax Calculator |
Check your tax and NI liability using this easy to use online tool. Outputs, Tax, Ni, Net pay and gross pay on an annual, monthly and weekly basis, also estimates your tax burden and the number of days a year you work for the tax man ! Plus lots of tax saving tips. |
|
|
 |
|
 |
|
Money
Forums Guides |
|
| Credit
Card Stoozing |
The
following guide explains the basics of credit
card stoozing in a step by step basis. |
|
| Discount
Vouchers |
Online
discount vouchers giving upto
50% off in stores such as Dixons,
Tesco, Avon, Currys, Boden and more. Many
of the vouchers are time limited - So check
back regularly |
|
| Money
Saving Guide |
Guide
to saving money on household bills & personal
finances - Start saving thousands of £'s
every year TODAY ! |
|
| Savings
Tree |
A
guide to Savings Accounts, from Cash ISA's to
Regular Savers to Premium Bonds, all explained
in an easy to understand manner. |
|
|
Users
Groups | Profile
| Messages
| FAQ | Sponsers
& Links | Member
list | Recommend this site | Top Money Saving Sitee
© 2004 - 2007 Moneyforums.co.uk / Market Oracle Ltd - Asserts copyright on all topics & posts made on this site. Moneyforums are open forums, and thus posts are NOT endorsed by Moneyforums.co.uk / Market Oracle Ltd . Any and all information provided within the Website is for general information purposes only and nor is or shall be deemed to constitute, financial or other advice. We recommend that independent professional advice is obtained before you purchase any product and/or service. All tools and guides are provided as is for general information purposes only.
|
 |
Website Designed and Mantained by Walsoft.net |
 |
| |
