- Posts: 22
- Joined: Mon Dec 31, 2007 9:18 pm
- Location: United Kingdom
As our loans were all protected, why is it that these can't protect you when you have a reduction of income?
The payments are very high and now when you need the help it appears that you have wasted your money and would have cleared the debts in half the time, and probably not got in this situation.
- Posts: 47612
- Joined: Tue Jan 09, 2007 10:42 am
Because that would be a very difficult cover to underwrite, as it does not relate to a specific change in circumstances and would be subject to interpretation.
Regards, Melanie Giles, Insolvency Practitioner
Return to “postings for january”