Can insurance and credit card?

Question

i want to pay monthly to the car insurance company> interest for monthly payments is 8.5%

people said go and get a credit card and pay that back 0% but am i best just to pay the car insurance company?

i dont know if i would get a credit card as ive not applied for one before and dont know about my credit rating

it would only be £4-5 extra monthly to pay the insurance co with interest?

is it worth the hassle? as i want to book insurance now.

help?

Answer 1

I don't know whether it's you that's been asking this same question for days, but it's simple: If you can afford to pay the insurance in one go, then do so. If not, then pay monthly & just accept the 8.5% charge for doing so.

Yes, you could get a credit card, but they're usually only interest free for transfers - if you can find one that'll give you 12 months interest free on purchases, then get one & pay for your insurance with it.

Answer 2

Try to possess as much information as you can maybe is one option,however it is time consuming,here is the one i have ever had good experience with.http://carinsurance.expertsupport.info/a...

Answer 3

I doubt that you'd get a full year at 0% on the credit card, it would be cheaper to pay the insurance company....

Answer 4

It is your money.. credit cards are not interest free.  On top of that some credit cards want a monthly or annual fee just to have the card.  If it gets lost or stolen a lot of money could be spent with it and you would be responsible for the first $500 or so.  Do you really need that worry?