I recently missed a monthly car insurance payment by direct debit. I called the insurance company who informed me that they would recall for the DD again.
They called for the payment a second time but also collected a €15 penalty as a late payment fee.
I thought a bit expensive but my protests went on deaf ears.
I know the bank has a right to charge me a for the direct debit missed but are the insurance company in the right to collect their penalty on top of my monthly repayment?
They called for the payment a second time but also collected a €15 penalty as a late payment fee.
I thought a bit expensive but my protests went on deaf ears.
I know the bank has a right to charge me a for the direct debit missed but are the insurance company in the right to collect their penalty on top of my monthly repayment?