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

FIRSTTIMER
Posts: 637 Forumite
in Phones & TV
When paying monthly......it means you have always paid 6 months more than you may effectively need.....surely this isn't right??
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Comments
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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.0 -
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 & paid0 -
precisely my point0
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You dont "have" to do anything, if you dont like that pay a lump sum.0
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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.0
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