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Best way to pay TV licence ?

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Comments

  • MORPH3US
    MORPH3US Posts: 4,906 Forumite
    1,000 Posts Combo Breaker
    Ok, I see where you are coming from but if you pay monthly DD you are paying for one month blocks in advance so surely the same should apply for quarterly!

    M
  • gromituk
    gromituk Posts: 3,087 Forumite
    When you start to pay monthly, at the start of a licence period, you pay approx. twice as much for six months. After this, you've paid for the first licence six months into it. You then start to pay 1/12 of the licence fee each month in perpetuity, and by now you are paying for the next licence, six months in advance, and you will continue to pay for this for a year, so that you will finish paying for it six months in arears.

    I think if you pay in four (or is it three?) month blocks then you don't play catch-up at the beginning by paying more, so you're always paying in arears. Hence the interest charge.
    Time is an illusion - lunch time doubly so.
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