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T O P I C R E V I E W
CMJ
Posted - 19 June 2009 : 13:02:05 Hi,
Can I just clarify does the OR leave you with £100 disposable income, and if a payment is made is it on anything over the £100??
eg Di £116 would the ipa be 50% of £116 or £16??
Thanks Michelle
2 L A T E S T R E P L I E S (Newest First)
gettingoutofdebt
Posted - 19 June 2009 : 13:43:25 If you have more than £99 DI then the IPA is between 50% and 70% of the total DI i.e. if you have £116 DI you would pay £58 IPA.
Niobe
Posted - 19 June 2009 : 13:16:13 I believe that it is on anything over the £100 per month and is 50 -70% of that.
