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Does paying car insurance every month help build your...

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Does paying car insurance every month help build your credit?

Typically, no. Car insurance premiums are not typically paid on a loan contract, but rather directly to the insurance company. You pay for future coverage and if you don't pay, then?you have no future?coverage, therefore no credit is being given to the consumer.?In some situati...

Date: November / 29 / 2007
Link: Does paying car insurance every month help build your credit?

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