iansheff Posted April 24, 2019 Share Posted April 24, 2019 21 hours ago, max said: If you look at it another way it's cheaper to pay the whole lump in one go rather than in two or twelve payments. It suits the businesses to have the money up front so they offer the incentive for you to pay it all together. As to it being a tax on those less well off in society then, yes, it is indirectly. There are many examples of Poverty Premiums. Yes I think a couple of the Internet providers offer a discount if you pay the year upfront. Link to comment Share on other sites More sharing options...
Top Cats Hat Posted April 24, 2019 Share Posted April 24, 2019 On 23 April 2019 at 12:52, lil-minx92 said: I'm not sure why it is more expensive to pay for 6 months insurance twice a year, than 12 months in one lot. It's not so much a case of being more expensive to pay in installments as a case of being cheaper if you pay it all in one go. This applies to almost everything in life including joining the army, where you get a better rate of pay if you sign up for nine years rather than three. Link to comment Share on other sites More sharing options...
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