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£4000.00 due and owing to Borchester Electrical

• Message 1. 

  Posted by barwick_green (U2668006) on Monday, 26th November 2012

  Hi Tayler - Where, please, did Ed get four large to pay that bill; last week he and Emma literally didn't have a couple of pound coins to rub together. Now it seems that paying that debt has prompted the move to Emma's parents.
  
  Are the SWs not going down the 'pay up or it's the county court' road?

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• Message 2

  , in reply to message 1.

  Posted by Organoleptic Icon (U11219171) on Monday, 26th November 2012

  As Ed clearly can't produce £4k at all, there will need to be some decision how it is dealt with.
  
  Though I suppose they will save £100+/week from no housing costs. But that will still take a year.
  
  Perhaps he will realise he has been ripped off?

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• Message 3

  , in reply to message 1.

  Posted by barwick_green (U2668006) on Tuesday, 27th November 2012

  Any update please Tayler?
  
  I don't know of a tradesman/business who would fit £4K's worth of parts and include labour without wanting at least a sizable deposit upfront. It might be different if the sparky had had previous experience o working for/being paid by Ed but that's clearly not the case.
  
  How would Ed feel if he shelled out for parts and worked for a day or so and was owed four large only to be told 'sorry chum, I don't have a bean to pay you and can't tell you when I will be able to divvy up'? It wouldn't surprise me if the pump etc was disconnected and Ed told to pay in cash before the work would be recommenced.

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• Message 4

  , in reply to message 3.

  Posted by Organoleptic Icon (U11219171) on Wednesday, 28th November 2012

  In reply to barwick_green:
  
  Any update please Tayler?
  
  I don't know of a tradesman/business who would fit £4K's worth of parts and include labour without wanting at least a sizable deposit upfront. It might be different if the sparky had had previous experience o working for/being paid by Ed but that's clearly not the case.
  
  How would Ed feel if he shelled out for parts and worked for a day or so and was owed four large only to be told 'sorry chum, I don't have a bean to pay you and can't tell you when I will be able to divvy up'? It wouldn't surprise me if the pump etc was disconnected and Ed told to pay in cash before the work would be recommenced. 
  
  b-g the bigger issue is the idea that work on such a scale
  
  1) Could be needed
  
  2) Could be carried out in a few hours.
  
  I'm afraid we are into mystic Archers again.
  
  In practice the equipment would be a few hundred and there could not possibly be need of £1500 wiring. I thin the advisers consulted had brian's megadairy - or at least Bri/BroF in mind.
  
  But sparks has no right of access to disconnect a pump and it would be criminal damage and theft to do so and remove it.

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• Message 5

  , in reply to message 3.

  Posted by Tayler Cresswell - Host (U14232848) on Wednesday, 28th November 2012

  Any update please Tayler?
  
  I don't know of a tradesman/business who would fit £4K's worth of parts and include labour without wanting at least a sizable deposit upfront. It might be different if the sparky had had previous experience o working for/being paid by Ed but that's clearly not the case.
  
  How would Ed feel if he shelled out for parts and worked for a day or so and was owed four large only to be told 'sorry chum, I don't have a bean to pay you and can't tell you when I will be able to divvy up'? It wouldn't surprise me if the pump etc was disconnected and Ed told to pay in cash before the work would be recommenced.   Hi bg
  
  I don't think it was mentioned on air but it's possible that he could have paid by credit card.
  
  Tayler

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• Message 6

  , in reply to message 5.

  Posted by Organoleptic Icon (U11219171) on Wednesday, 28th November 2012

  Hi bg
  
  I don't think it was mentioned on air but it's possible that he could have paid by credit card.
  
  °Õ²¹²â±ô±ð°ùÌý
  
  Tayler you and the Ö÷²¥´óÐã staff may live in a world with £4000 credit cards but Ed does not.
  
  So if the work was done it must have been on account.

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• Message 7

  , in reply to message 6.

  Posted by Spartacus (U38364) on Wednesday, 28th November 2012

  Tayler you and the Ö÷²¥´óÐã staff may live in a world with £4000 credit cards but Ed does not. 
  
  Don't be so sure. The harder-up you are, the more eager they are to pile on the debt. I live entirely on Benefits, and one of my Credit Cards has an £11,000 limit.

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• Message 8

  , in reply to message 5.

  Posted by barwick_green (U2668006) on Wednesday, 28th November 2012

  Any update please Tayler?
  
  I don't know of a tradesman/business who would fit £4K's worth of parts and include labour without wanting at least a sizable deposit upfront. It might be different if the sparky had had previous experience o working for/being paid by Ed but that's clearly not the case.
  
  How would Ed feel if he shelled out for parts and worked for a day or so and was owed four large only to be told 'sorry chum, I don't have a bean to pay you and can't tell you when I will be able to divvy up'? It wouldn't surprise me if the pump etc was disconnected and Ed told to pay in cash before the work would be recommenced.   Hi bg
  
  I don't think it was mentioned on air but it's possible that he could have paid by credit card.
  
  Tayler   Nice try Tayler but like Joe Grundy that doesn't' wash. Firstly, there's no way Ed would be given a credit card with a £4K + limit. Also, Emma would have paid for shopping and bills with it - if it existed - rather than starve herself.
  
  I had a credit card with a £5K limit although I rarely owed more than a couple of hundred on it. Two years ago - out of the blue - the limit was reduced to £1.5K (though its now £2K) and I'm twice Ed's age, have a spotless credit record and own my house outright.
  
  
  
  
  
  

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• Message 9

  , in reply to message 8.

  Posted by Organoleptic Icon (U11219171) on Wednesday, 28th November 2012

  I had a credit card with a £5K limit although I rarely owed more than a couple of hundred on it. Two years ago - out of the blue - the limit was reduced to £1.5K (though its now £2K) and I'm twice Ed's age, have a spotless credit record and own my house outright. 
  
  This was widespread at the time. To do with banks solvency ratios. They needed to reduce their potential exposure to increased credit card borrowing so cut limits people were not using. I had the same with HBOS. And the same - unrequested - increase.
  
  Dunno how Pet missed the cut. Unless using the £11k which I hope not!

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• Message 10

  , in reply to message 9.

  Posted by Spartacus (U38364) on Thursday, 29th November 2012

  Up until relatively recently I was using about £3.5k of it. I've been paying it off, so my debt is below £500 now.

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• Message 11

  , in reply to message 10.

  Posted by Buntysdaughter (U7084475) on Sunday, 2nd December 2012

  To revert to the original query - Tayler, has anyone explained how Ed managed to pay the £4,000 ? Even if he used a credit card, what will happen in a couple of weeks when the bank declines payment ? As there has been a regular fight in the Ed and Emma household these past weeks for the last slice of bread, how on earth can he suddenly access a bank account that will meet the £4,000 debt ?

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• Message 12

  , in reply to message 11.

  Posted by _ShropshireLad_ (U10844552) on Sunday, 2nd December 2012

  To revert to the original query - Tayler, has anyone explained how Ed managed to pay the £4,000 ? Even if he used a credit card, what will happen in a couple of weeks when the bank declines payment ? As there has been a regular fight in the Ed and Emma household these past weeks for the last slice of bread, how on earth can he suddenly access a bank account that will meet the £4,000 debt ?  
  
  He will be juggling. We know Ed is credit-worthy, he just bought a car on credit admittedly a bit of an old heap. But he has money coming in and money going out, he does not have to show consolidated and audited accounts for the bank. Of course, if he's running at a loss he can't keep doing it indefinitely, but he can borrow one to pay the other for a bit.

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• Message 13

  , in reply to message 5.

  Posted by barwick_green (U2668006) on Monday, 3rd December 2012

  Tayler your credibility, like Ed's credit rating, is zero.

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• Message 14

  , in reply to message 13.

  Posted by _ShropshireLad_ (U10844552) on Monday, 3rd December 2012

  Tayler your credibility, like Ed's credit rating, is zero. 
  
  I think not. You said:
  
  I had a credit card with a £5K limit although I rarely owed more than a couple of hundred on it. Two years ago - out of the blue - the limit was reduced to £1.5K (though its now £2K) and I'm twice Ed's age, have a spotless credit record and own my house outright. 
  
  But of course you did, you are the last sort of customer the cc company wants, they can't make any money out of you if you pay the bill every month outright. If you didn't pay the maximum every month, in fact just paid the minimum occasionally and whopped the odd large item on it, your credit limit would be >£20k before you can say knife. See Peet's experience.
  
  Ed has money coming in every week, a decent turnover even if he knows he's not making money, he would be able to find £4k somehow.

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• Message 15

  , in reply to message 14.

  Posted by JustJanie - Fairweather Strider (U10822512) on Monday, 3rd December 2012

  << you are the last sort of customer the cc company wants >>
  
  Indeed. There was a wonderful episode of 'Boston Legal' where it was revealed that the (fictional) credit card company's employees amongst themselves referred to people who paid off their cards in full every month as 'deadbeats'.

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• Message 16

  , in reply to message 11.

  Posted by Tayler Cresswell - Host (U14232848) on Monday, 3rd December 2012

  To revert to the original query - Tayler, has anyone explained how Ed managed to pay the £4,000 ? Even if he used a credit card, what will happen in a couple of weeks when the bank declines payment ? As there has been a regular fight in the Ed and Emma household these past weeks for the last slice of bread, how on earth can he suddenly access a bank account that will meet the £4,000 debt ?   Hi Buntysdaughter
  
  It hasn't been detailed on air how Ed paid for the work. I suggested that a credit card could be one possibility.
  
  Tayler

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• Message 17

  , in reply to message 16.

  Posted by Organoleptic Icon (U11219171) on Monday, 3rd December 2012

  Hi Buntysdaughter
  
  It hasn't been detailed on air how Ed paid for the work. I suggested that a credit card could be one possibility.
  
  °Õ²¹²â±ô±ð°ùÌý
  
  Don't think you ever explained why they had not used it to buy food though?

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• Message 18

  , in reply to message 16.

  Posted by Buntysdaughter (U7084475) on Monday, 3rd December 2012

  Thanks, Tayler, yes you did put forward the possibility of the use of a credit card. It just seems odd that this facility was not mentioned when the new car had to be purchased or now, when Emma is doing her Christmas shopping. From the panic in Ed's demeanour every time he has had a large (or any) bill to pay, it seems unlikely that he has the cushion of credit to the extent of £4,000. Let's see in 4 weeks' time what happens when the request for settlement comes in.

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  Report message18

• Message 19

  , in reply to message 18.

  Posted by _ShropshireLad_ (U10844552) on Monday, 3rd December 2012

  From the panic in Ed's demeanour every time he has had a large (or any) bill to pay, it seems unlikely that he has the cushion of credit to the extent of £4,000. Let's see in 4 weeks' time what happens when the request for settlement comes in.  
  
  The thing is, Bunty's Daughter, when a credit card bill comes in, you don't actually have to pay it. You have to pay a minimum charge which is a small percentage of the total balance of what you owe, but you can let the bulk of it run for as long as you like. Well, as long as you like to pay an APR of 29.6% or whatever.
  
  Charge cards, OTOH, such as American Express, require settlement.

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• Message 20

  , in reply to message 18.

  Posted by carrick-bend (U2288869) on Thursday, 6th December 2012

  Let's see in 4 weeks' time what happens when the request for settlement comes in.  
  I wouldn't be entirely surprised if it isn't just forgotten.

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• Message 21

  , in reply to message 19.

  Posted by Buntysdaughter (U7084475) on Thursday, 6th December 2012

  Well, Shropshire Lad, if Ed does have a credit card and if he believes that he can pay only the minimum each month and is unaware of ARP, he is even less of a businessman than I thought.

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• Message 22

  , in reply to message 21.

  Posted by Organoleptic Icon (U11219171) on Thursday, 6th December 2012

  In reply to Buntysdaughter:
  
  Well, Shropshire Lad, if Ed does have a credit card and if he believes that he can pay only the minimum each month and is unaware of ARP, he is even less of a businessman than I thought. 
  
  Air Raids are not so big an issue these days so few Precautions needed.

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• Message 23

  , in reply to message 18.

  Posted by Dinah Shore (U14984316) on Thursday, 6th December 2012

  I have no difficulty in believing that Ed has a Business Account, for the cows, with one credit card with a large credit limit, as well as MyFamily credit card, for domestic bills, with a small overdraft allowance, which had been exceeded by Ed filling the car unxpectly.

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• Message 24

  , in reply to message 23.

  Posted by Organoleptic Icon (U11219171) on Thursday, 6th December 2012

  In reply to Dinah Shore:
  
  I have no difficulty in believing that Ed has a Business Account, for the cows, with one credit card with a large credit limit, as well as MyFamily credit card, for domestic bills, with a small overdraft allowance, which had been exceeded by Ed filling the car unexpectedly. 
  
  I suppose it is possible, but if so, why/how has business trouble so rapidly transferred to his personal side?
  
  The whole £4k bill thing is nonsense, so no point trying to rationalise it.

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• Message 25

  , in reply to message 22.

  Posted by Lemon Sabotage (U9577550) on Friday, 7th December 2012

  In reply to Buntysdaughter:
  
  Well, Shropshire Lad, if Ed does have a credit card and if he believes that he can pay only the minimum each month and is unaware of ARP, he is even less of a businessman than I thought. 
  
  Air Raids are not so big an issue these days so few Precautions needed.   Oh bliss!
  Thank-you Organo.

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• Message 26

  , in reply to message 22.

  Posted by Buntysdaughter (U7084475) on Friday, 7th December 2012

  Ha ha, very true OI, perhaps, as some on ML feel, the precautions should have been taken by Ed and Emmur before little Kiera came on the scene. Serves me right for posting at the end of a party evening.

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