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Sunday, March 14, 2010

I was late on my auto insurance payment by two weeks. Will my credit rating be hurt? ?

I was hoping that it would just cancel when I stopped paying. Apparently the insurance company said they kept my policy active so I had to pay them $20. Anyways, does my paying late effect my credit score?

I was late on my auto insurance payment by two weeks. Will my credit rating be hurt? ?
I recommend an online insurance quote. It's free and quick to do. http://www.simpleautoquotes.com/Auto-Ins...



Hope it works out
Reply:Not likely. They don't have the time to go to these companies all the time. If you had defaulted or stopped payment for the whole policy, maybe then. I wouldn't worry about It. Just pay the $20.00 and move on. One question, though. Why did you hope they canceled? Just cancel yourself, if that Is what you want. Good Luck
Reply:Yes it can affect your credit rating but I'm not sure that it will. . I'm sure you now know, that you must call/write/notify an insurer if you want to cancel.
Reply:YOu are not the only one who met this problem,I have met this type of problem before.I have good experience here http://www.insuranceidea.info/free-insur... to solve my similiar problem.





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