Hidden Hike of the Month ; Money Mail: The Last Word

Daily MailDecember 06, 2006

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Summary


MONTHLY billing is seen as a vital aid for consumers - allowing us to spread our payments.

But I've come to the conclusion that it is also a curse.

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Hidden Hike of the Month ; Money Mail: The Last Word

Because the payments are smaller, monthly billing makes it simple for organisations to impose inflation-busting price rises.

For instance, earlier this year BT put up its monthly rental charge from Pounds 10.50 to Pounds 11 a month...

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