Je11ybubb1es
Member
Registered: 11th Jun 02
Location: Milton Keynes
User status: Offline
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Have you taken the loan protection insurance? and why / why not?
just a thought as i was reading my post about income protection
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Nope 
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the_legend_of_yrag
Member
Registered: 7th Jul 03
Location: Cambridgeshire
User status: Offline
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i did for some reason, dont usually though
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M4tt
Member
Registered: 18th Apr 03
Location: Potters Bar
User status: Offline
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i did as well, i thought it was a good idea at the time, but after speaking o my rents it seems unnecessary 
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BlueCorsa
Member
Registered: 14th Jan 04
Location: Midlands Drives: MB SLK250 CDI
User status: Offline
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Nope, cos I'm a student and repayment protection don't usually cover you if you're a student I think?
Besides, it worked out at an extra £10-15/month on top of my loan repayments, I'd rather just worry about finding the money and paying my loan off quicker....
T
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Xs
Member
Registered: 12th Apr 02
Location: Lanarkshire
User status: Offline
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i did take it out as i live in fear of bein made redundent! lol
[Edited on 30-03-2004 by Xs]
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Je11ybubb1es
Member
Registered: 11th Jun 02
Location: Milton Keynes
User status: Offline
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matt who did you do the loan with, anf bluecorsa it would still cover you for things like life cover and permenant disability. just wouldnt cover you against unemployment
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L330wnz
Member
Registered: 9th Mar 04
Location: Norwich, Norfolk
User status: Offline
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I took out loan protection coz I don't feel 100% secure in me job..maybe coz I do jack shit all day 
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Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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Cant remember
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SetH
Member
Registered: 15th Jul 01
User status: Offline
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YEah had to take some, the buggers really loaded the repayments with every single protection they do, they didnt even give me the option i had to argue with them and get some of the protections taken off. Think it gets paid if i die or cant work cos i get sick, if i loose my job it doesnt get paid. I`d weigh up your financial situation, i mean would your parents/partner be able to help you out if you could make repayments?
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MatthewR
Member
Registered: 21st Oct 02
Location: Rickmansworth
User status: Offline
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quote:
Originally posted by P4UL
Cant remember
Me neither 
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Half Pint
Member
Registered: 25th Mar 02
User status: Offline
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I work for the bank i got the loan off so i didn't, if they sack me they can GTF if the think they will get that money back
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stubbsy05
Member
Registered: 23rd Oct 02
User status: Offline
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no, cos its only 2k.
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Drew
Banned
Registered: 24th Nov 01
Location: County Durham
User status: Offline
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i never have on any loans or credit cards
work for dad so aint really gunna get the sack 
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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In the grand scheme of things, I estimate that I will be debt free (2 x loans, 2 x credit cards, and miscellaneous debt) by November 2006, assuming I get a job between now and end of April, and pay about £600 a month towards my debts!
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transca
Member
Registered: 28th Dec 00
Location: rotherham
User status: Offline
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quote:
Originally posted by Je11ybubb1es
Have you taken the loan protection insurance? and why / why not?
just a thought as i was reading my post about income protection
Nope its a waste of time if your borrowing 5k or under to be honest.
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Gavin
Premium Member
Registered: 3rd Apr 02
Location: West Midlands
User status: Offline
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i have a student load! does that count
pew pew pew pewwwww
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