We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
payments now increased
hi guys,
as i posted a few days ago i was making a new I&E since living at my dads i have a lot more disposable income. one thing i have now found out which may help others is that in this situation you still only have to pay 50% of the additional money. i thought it might be different since my pay has not increased but my disposable income has.
i thought it was best to be up front so that i dont get into bother at a last date. to be honest i could have increased the payments by a bit more, but i wanted to try and save a bit of cash as well and they have increased from 190 to 245 a month so surely everyone is happy and i think i have done the right thing.
in a way it does seem very easy since they dont ask for any evidence, i suppose this was all done when the agreement was originally set up.
cheers
dan
as i posted a few days ago i was making a new I&E since living at my dads i have a lot more disposable income. one thing i have now found out which may help others is that in this situation you still only have to pay 50% of the additional money. i thought it might be different since my pay has not increased but my disposable income has.
i thought it was best to be up front so that i dont get into bother at a last date. to be honest i could have increased the payments by a bit more, but i wanted to try and save a bit of cash as well and they have increased from 190 to 245 a month so surely everyone is happy and i think i have done the right thing.
in a way it does seem very easy since they dont ask for any evidence, i suppose this was all done when the agreement was originally set up.
cheers
dan
0
Comments
-
Well done Dan. Glad to see you can keep some of the savings.
Yeah, it's always best to be upfront. As you say, it saves any nasty surprises later on.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.1K Banking & Borrowing
- 254.6K Reduce Debt & Boost Income
- 455.8K Spending & Discounts
- 247.9K Work, Benefits & Business
- 604.9K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards