Date:12 November 2007 I Comments: 5 I Views:10,251

It’s been a while since I’ve written anything but this had to be said! A lot more information is being made available regarding loan payment protection and the cost to the borrower and the benefits of shopping around for prices. I recently looked at the figures and found some staggering results. One lender quoted for a £10,000 loan over 7 years, repayments of £158 without loan protection or £213 with protection. That’s £55 per month just for the protection. Whereas, loan repayment protection insurance from an independant provider can cost as little as £2.50 per month. Yes, it’s true. will cover more >