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Posted: Tue Oct 18, 2016 12:06 am
by anap
When you have a payment break and have to pay extra month's at the end do you pay at the rate at which you paid when you took the break or the rate of the final month?
Posted: Tue Oct 18, 2016 7:06 am
by watzki
We paid the amount we paying at the time of the payment break was taken
Posted: Tue Oct 18, 2016 9:18 am
by Michael Peoples
If it was a missed payment and the entire arrears were not cleared by the end then it should only be that amount of cash. If however you had a six month break and the arrangement was extended then it would be at the current rate of your surplus income. Check with your own IP who can clarify your position.