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TV Licensing APR Shock
edited 30 November -1 at 1:00AM in Praise, Vent & Warnings
61 replies 18.2K views
Love the site, I have been signed up for over a year now. Most of us have TV licences but how many have actually read the letter that TV Licensing send you? I have paid by quarterly direct debit for several years and have just spotted “As you are probably aware, the Quarterly Direct Debit Scheme includes a small premium of £5 per year”. I calculate that this is an interest rate of 23.7%! Any mention of APR? No of course not! Just thought everyone would like to know.