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Originally Posted by blktour
about the credit issue. well my credit is really high, so I wonder how much it would hurt it by.
well i would be moving from $204 to $139/mo and I asked about paying the full 6 month term and both insurance companies that I asked do not give you a discount for that.
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First, your credit can never be "really high" unless you've had GREAT credit for many years along with a good income, stable employment and managable debt. Your credit score is reduced a little every time your credit is checked. You just switched companies which means it has been checked at least twice.
On another note, it is difficult to believe that any company would charge you the same whether you paid the premium monthly or on a periodic basis. Financing is going on in some fashion. Progressive does it that way, GIECO did when I had them as well as Allstate. But perhaps I'm wrong.