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paid for 4 months after leaving work.

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Comments

  • kingfisherblue
    kingfisherblue Posts: 9,203 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Xmas Saver!
    This is the correct advice with the exception that you have to be realistic to the company, they will not want to accept £10 a month until its paid of but then you need to make sure if you are paying them back its an affordable amount.

    £5500- £400 and then £150 a month basically equates 34 months payment plan, so just under 3 years.

    Four months to spend the money that wasn't the OP's, but three years to repay? Doesn't sound fair to me. That's also expecting the OP to pay no interest.

    He has had the benefit of the money and should now arrange to repay it as soon as possible.
  • Takeaway_Addict
    Takeaway_Addict Posts: 6,538 Forumite
    Part of the Furniture 1,000 Posts
    Four months to spend the money that wasn't the OP's, but three years to repay? Doesn't sound fair to me. That's also expecting the OP to pay no interest.

    He has had the benefit of the money and should now arrange to repay it as soon as possible.

    I didn't say it was fair but ultimately if the company are getting paid on the dot every month they are likely to accept it. If the OP misses a payment then they have plenty of time to goto court etc
    Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked
  • Smi1er
    Smi1er Posts: 642 Forumite
    OP... there is a funny smell here.... It's either BS or your pants are on fire:rotfl:

    Would I have informed the previous employer as soon as I noticed? Of course not, but I would of put the money in a high interest account waiting for the day they asked for it back
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    This!!

    I am actually insulted that you think anyone on here would believe that story.
    I was thinking the same thing myself, that the op couldnt see that he would think we were stupid/thick enough to believe them, but now who really is the stupid one.:cool:
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
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