A lender will probably try to sell payment protection insurance (PPI) sometimes known as Accident, Sickness Unemployment cover when you take out a loan. PPI is intended to cover the loan payments if you cannot work, perhaps if you lose your job or fall ill and it can be useful.
However, its important to read the small print of any policy and to understand the various exclusions. You should also shop around for the best price and not automatically accept the deal on offer from your lender. How our site works. Tell us weekend payday loan your borrowing need.
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Thank you, you have cash loans in bessemer al subscribed to our newsletter. Enjoy reading our tips and recommendations. Auto Finance Contributing Editor. Lauren Fix, also called The Car Coach, is an automotive and auto finance expert.
Her understanding of vehicles has made her the go to person on TV, radio, print media and the Internet. She has authored multiple books and writes a column for several outlets, including Parade Magazine, NewsMax and Car Coach Reports. She is a regular guest on major news and morning shows, discussing the latest updates on cars and car financing that will help drivers make smart decisions when buying, maintaining and financing cars.
What to consider when choosing a payday and title loan lender.