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Insurance Hacks: Paying for Premiums

25th April 2022

Insurance, whether compulsory or optional, can often take up a big chunk of your budget. Perhaps you are organised and save in advance, or maybe you prefer monthly payments to keep your spending more regular. Whichever way you might pay for your insurance premiums, there are a few things you can do to keep the costs low:

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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