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Deposit Protection Scheme SCANDAL

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  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 27 November 2024 at 8:27PM
    what a shame you did not research before wasting your time ranting 

    who pays for the DPS scheme?
    what interest rates have been available for the last 7.5 years?

    what is the DPS' source of income from which is can fund its services? 

    Crikey Bookworm can you not troll somewhere else?

    at least I don't hit the return button countless times making your posts hard to read. Before accusing people of trolling you might want to revisit how you phrase your posts so they don't look like whinges from someone who expects to be spoon fed basic facts 

    BTW the info you quote re the 2.32 % deduction is out of date 
    current interest rate paid by DPS is 0.73% and between May 2023 to July 2024 the applicable rate varied between 0.43% and 0.84%
  • GDB2222
    GDB2222 Posts: 26,118 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I always told tenants that DPS doesn’t pay any interest. It seems I was wrong. They will be pleased! 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • As someone who rented for 13 years, I'd be very thankful that you're getting anything at all.

    I didn't. I simply got my deposit back.
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