Repay car loan – Avoid unpaid bills for your car loan

The feeling of not being able to pay a bill or installment is extremely unpleasant – but in fact, you can guard against that feeling.

If you want a new car, you will probably, like most other car buyers, consider recording a car loan to finance the purchase of your new car.

One of the concerns about the inclusion of a car loan is the consequences it may have if for some reason you are unable to take out your loan.

Many people end up in quite unforeseen ways in a situation where they no longer have the income that they have based on their finances, and it can, therefore, result in them not being able to deduct on their car loan, for example.

“When people are unable to take off their car loan, it often happens because there is some change in their life, where they end up in an unpleasant situation. Unpaid bills are never nice to think about, ”says Simon Bach, Product Manager Insurance at Roy Hobbs.

If you do not pay the agreed installments on time, the creditor can ultimately demand that your car be sold at auction so that the creditor can get his money.

Another consequence may also be that you are registered as a debtor, and this has the consequence that you may find it difficult to borrow in the future.

Can I secure myself?

If you want security in your everyday life and do not want to worry, you have the opportunity at Roy Hobbs to take out insurance that will give you that when you sign your car loan.

“We give the possibility that you can have peace of mind in your everyday life, while you are assured that if something unforeseen happens, then some others take care of your car loan,” says Simon Bach.

“You have to ask yourself,” What situations can I end up in, where I can’t pay for myself? “There are often rather scary scenarios that you do not want to stand in if you do not have insurance, and therefore Indeed, insurance can actually be part of a positive economic strategy for one’s self and one’s family, ”says Simon Bach.

Connelly offers customers who want a car loan or private loan that they can opt for SAFE insurance.

If you sign as a customer SAFE insurance in addition to your car loan, you are assured that your car loan will be paid even if you are not able to pay the repayments yourself.

»We want the customer to maintain his standard of living despite the small bump of life on the road. It’s a weird feeling of getting covered some installments so you can focus on what’s important to yourself and the family, ”says Simon Bach.

“It’s about avoiding these situations, and it’s about having previously assessed the risk because unfortunately, everyone can get sick or unemployed,” he says.

SAFE insurance covers by

  • 100 percent sick leave for more than 30 days

  • 100 percent unemployment for more than 30 days

  • Hospital admission for more than 7 days

  • Death

»It is a good idea to make sure you have SAFE insurance if you want fewer worries in everyday life and avoid surprises. It can happen to everyone that one gets unemployed, sick or in the worst case goes away. Here it is a really good way to secure the standard of living you have, no matter what life has to offer different things that you have not planned, ”says Simon Bach.

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