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We are being bribed with our own money

You can stick your £200 loan.
«1

Comments

  • GingerTim
    GingerTim Posts: 2,737 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You will take your £200 loan, repay it, and like it.
  • Astria
    Astria Posts: 1,448 Forumite
    1,000 Posts Second Anniversary Name Dropper
    OK, instead of the loan we'll reduce your October energy bill by £200, and we'll introduce a mandatory payment of £40/year for 5 years. How about that?


  • GingerTim
    GingerTim Posts: 2,737 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I don't want a loan with fixed repayments over a number of years. How do I decline this rebate?
    You can't (I'd prefer not to have it either, but them's the breaks)
  • MattMattMattUK
    MattMattMattUK Posts: 11,786 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    I don't want a loan with fixed repayments over a number of years. How do I decline this rebate?
    Cut yourself off from the energy supply before October and do not reconnect for five years. 
  • TadleyBaggie
    TadleyBaggie Posts: 6,786 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Surely wait until after £200 rebate and then disconnect. They will not be able to recover it.
  • mumf
    mumf Posts: 604 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I can’t see the point of this ‘loan’. If I am reading correctly,there will be a further increase in October. What happens then? In the grand scheme,it’s a token .
  • MattMattMattUK
    MattMattMattUK Posts: 11,786 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    mumf said:
    I can’t see the point of this ‘loan’. If I am reading correctly,there will be a further increase in October. What happens then? In the grand scheme,it’s a token .
    Politics.
  • jimjames
    jimjames Posts: 18,940 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I don't want a loan with fixed repayments over a number of years. How do I decline this rebate?
    Cancel your electricity supply & get meter removed before October and don't restart it again for 5 years. Maybe not so practical for most people.
    Remember the saying: if it looks too good to be true it almost certainly is.
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