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Comments

  • polymaff
    polymaff Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MONEYTREE wrote: »
    If you earn less than £5k a year, you can join the Communist Party for a £1 month DD.
    bigadaj wrote: »
    And contribute by destroying capitalism veeeeerrrrry slowly.
    mailmannz wrote: »
    By paying for it. Oh the irony :rotfl:

    On a more serious note, only 58p in the pound ends up with the charity!

    Regards

    Mailman

    First time I've heard that the communist party is a charity.

    Oh, wait, that's the C in CP? :)
  • Fan_Of_2018
    Fan_Of_2018 Posts: 27 Forumite
    mailmannz wrote: »
    By paying for it. Oh the irony :rotfl::T

    On a more serious note, only 58p in the pound ends up with the charity!

    Regards

    Mailman
    spare_one wrote: »
    Where does that number come from? GoCardless offers Direct Debit collection for businesses, and they charge (a minimum of) 20p for every charge, and they are making profit. That means a charity may make more than 80p from a £1 DD.
    eschaton wrote: »
    Out of thin air like anyone else that makes these numbers up.
    Think he was talking about the firefighters charity. On their website it says 58p out of a £ goes to charity. Because they have to pay for the lottery, not because of DD charges.
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    It is not a switching offer that DDs are needed for.
  • polymaff
    polymaff Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 31 March 2018 at 8:55AM
    Interesting that Gocardless are now doing what various entrepreneurs have tried to set up as a business, relying on Gocardless to provide the back office. As far as the entrepreneurs were involved, when Gocardless spotted what they were up to they terminated them. :)
  • colsten
    colsten Posts: 17,596 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    polymaff wrote: »
    Interesting that Gocardless are now doing what various entrepreneurs have tried to set up as a business, relying on Gocardless to provide the back office. As far as the entrepreneurs were involved, when Gocardless spotted what they were up to they terminated them. :)
    Are you sure this is Gocardless offering it????:cool:

    The DD is for a company called MCDD. Probably owned by spare one
  • ValiantSon
    ValiantSon Posts: 2,586 Forumite
    colsten wrote: »
    Are you sure this is Gocardless offering it????:cool:

    The DD is for a company called MCDD. Probably owned by spare one

    Companies House only lists one company by that name, which was a restaurant business that was dissolved in November 2013. This looks rather fishy.
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Is this not a spam link? It seems to be setting up a DD for £1 per year, but does not tell me where this £1 is going, who owns the account, or what will happen with my bank details.
  • Zanderman
    Zanderman Posts: 5,016 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    colsten wrote: »
    Are you sure this is Gocardless offering it????:cool:

    The DD is for a company called MCDD. Probably owned by spare one

    It's definitely being offered VIA GoCardless - but there's no info on who MCDD are. They aren't GoCardless.
    Herbalus wrote: »
    Is this not a spam link? It seems to be setting up a DD for £1 per year, but does not tell me where this £1 is going, who owns the account, or what will happen with my bank details.

    It looks a bit dodgy to me. GoCardless set up DD's for businesses. But who are MCDD?

    Though, whoever they are, I doubt they are even seeing your bank details - that's info only seen (surely) by the facilitator - GoCardless.
  • ValiantSon
    ValiantSon Posts: 2,586 Forumite
    edited 30 March 2018 at 11:08PM
    Herbalus wrote: »
    Is this not a spam link? It seems to be setting up a DD for £1 per year, but does not tell me where this £1 is going, who owns the account, or what will happen with my bank details.
    Zanderman wrote: »
    It's definitely being offered VIA GoCardless - but there's no info on who MCDD are. They aren't GoCardless.

    It looks a bit dodgy to me. GoCardless set up DD's for businesses. But who are MCDD?

    Though, whoever they are, I doubt they are even seeing your bank details - that's info only seen (surely) by the facilitator - GoCardless.

    I agree that the post is spam and also agree that it is GoCardless who are facilitating the DD, but that it is not them who receive the money.

    I'm reporting the post as spam.
  • Flobberchops
    Flobberchops Posts: 1,279 Forumite
    1,000 Posts Fifth Anniversary Combo Breaker
    Stupid question! What if I took out a new credit card and set the monthly repayment to be the full balance by DD. Each month I use the card to buy one pint of milk. (Or a single second class stamp, or some minor item I was going to buy anyway). Would this not qualify?
    : )
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