Bart
Member
Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
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quote:
Originally posted by L33 LEG
my mate says that they pay all ur debts off aslong as u get a job within 12 months, this can't be right tho can it? cos then people would jst buy things on finance and quit work and then get stuff for free.
Consider yourself perminantly black listed and dont ever expect to get a mortgage after that though 
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Rileysport
Member
Registered: 18th Jun 04
Location: West Yorkshire
User status: Offline
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Payment protection isnt worth the paper its printed on... trust me
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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ye i know that. thats why i havnt opted for the protection plan.
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Rileysport
Member
Registered: 18th Jun 04
Location: West Yorkshire
User status: Offline
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Bankrupcy then... tiz the future 
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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im not going bankrupt.
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Mark Petty
Member
Registered: 26th Jul 01
Location: Bournemouth Drives: Suzuki gsf600
User status: Offline
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I would never pay for a protection plan. I have a mortgage & a loan I have no payment protection on either. What is the point in throwing money away when you can use it to pay off the loans.
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slugger_54132
Member
Registered: 4th Feb 03
Location: Fair Oak, Hampshire
User status: Offline
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ppi only covers you if u get made redundant or become ill so u cant work. If u were fired for gross misconduct then it wont cover you!
If you are covered they will pay your payments (not the full amount) for 12 months!
If you die they will clear the loan completely.
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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quote:
Originally posted by Mark Petty
I would never pay for a protection plan. I have a mortgage & a loan I have no payment protection on either. What is the point in throwing money away when you can use it to pay off the loans.
exactly 
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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quote:
Originally posted by slugger_54132
ppi only covers you if u get made redundant or become ill so u cant work. If u were fired for gross misconduct then it wont cover you!
If you are covered they will pay your payments (not the full amount) for 12 months!
If you die they will clear the loan completely.
is this a fact or jst what u think? cos my mate has jst lost his job for that and he reckons he can get off with not paying his payments. if its a fact i can now go and laugh at him 
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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some bollocks getting talked in here.
If you take out payment protection, there is different benefits depending on cover.
Accident, sickness and redundancy.
They WILL make your payments for a set period usually 12 months...
Usually has to be at least 3-6 months after cover taken out.
If anything happens they make the payments for you......
I have payment protection on most things just incase something happens...
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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quote:
Originally posted by Bart
quote:
Originally posted by L33 LEG
my mate says that they pay all ur debts off aslong as u get a job within 12 months, this can't be right tho can it? cos then people would jst buy things on finance and quit work and then get stuff for free.
Consider yourself perminantly black listed and dont ever expect to get a mortgage after that though
they won't PAY if you just QUIT your work...Redundacy,sickness,accident etc
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