Crooks! Sheesh.
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Crooks! Sheesh.
| Tue, 12-08-2009 - 8:29pm |
We have an auto loan and have to show the lender proof of insurance every six months. I don't know WHY - we don't have to do it with the other lender we have - but ANYWAY, I got the letter reminding me to do it. "You have 15 days from the date of this letter" etc to give us proof of insurance or we'll purchase it for you at a cost of $3,200ish for a one year policy. No problem, they let me give the info online so it took seconds. But wait ... my six month policy is a touch over $300 for both liability and comprehensive for that vehicle. To provide the same, they want over 3 grand? Really? That's, what, five times as much? Sheesh. File that under the category of "because you can." I don't guess it should surprise me anymore, but the way these people take advantage of folks is just awful.


