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Why do you have to pay TV 6 months in advance and then 6 months in arrears

When paying monthly......it means you have always paid 6 months more than you may effectively need.....surely this isn't right??

Comments

  • duggan1
    duggan1 Posts: 508 Forumite
    Part of the Furniture 100 Posts
    FIRSTTIMER wrote: »
    When paying monthly......it means you have always paid 6 months more than you may effectively need.....surely this isn't right??

    Have never paid more than a month in advance.
  • duggan1 wrote: »
    Have never paid more than a month in advance.


    I think this is what is being refereed to: (from TVL site)



    Pay monthly

    Colour licences
    You’ll usually pay for your first licence over six months, at around £25.75 a month. If we have to spread the cost across less than six months, each payment may be slightly higher. After this, you pay for your next licence in 12 monthly instalments of around £12.87 – six payments before your licence is due to be renewed, and six after.
    Things that are differerent: draw & drawer, brought & bought, loose & lose, dose & does, payed & paid


  • FIRSTTIMER
    FIRSTTIMER Posts: 637 Forumite
    precisely my point
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You dont "have" to do anything, if you dont like that pay a lump sum.
  • Cornucopia
    Cornucopia Posts: 16,492 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The TV Licence payment plan is defined by law. The idea is that there's no financial advantage to paying monthly compared to paying annually.
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