2006-06-27 05:15:05 · 4 answers · asked by davieterry 1 in Business & Finance ➔ Personal Finance
It depends. What type of a loan is it? Some loans may come with the stipulation that you have protection insurance on it --- if you cancel, they may be able to call in the loan immediately.
Best to check with the company that issued you the loan.
2006-06-27 05:29:39 · answer #1 · answered by ps2754 5 · 0⤊ 0⤋
credit cards you can after 30 days. most loans require it in case something happens to you. if you cancel the insurance. the lender will purchase the insurance and its alot more expensive going through the lender.
2006-06-27 12:19:10 · answer #2 · answered by hollywood71@verizon.net 5 · 0⤊ 0⤋
If the loan was from the local Mafioso Loan Shark they will break your legs the first time you miss a payment, and kill you the second time..what kind of "Protection" and who was the lender?
2006-07-03 00:38:48 · answer #3 · answered by teasinglittlebrat 3 · 0⤊ 0⤋
If it's your home..... not until you owe less than 80% of it's appraised value - in MOST cases.
2006-06-27 13:13:34 · answer #4 · answered by amee2you 3 · 0⤊ 0⤋