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What do PremFina do when they set up my direct debit?

Written by Ticker
Updated over 10 months ago

If you choose to pay monthly for your insurance, PremFina will complete an affordability check by searching credit reference agencies, whether you are buying a new policy or renewing an existing one. This check will leave a footprint on your credit file.

PremFina will then email or post you a welcome pack, which will include a credit agreement to sign and a schedule of your payments.

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