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Chrysalis · 21-01-2005, 16:54

"And no bank would offer a loan to someone they expected to go bankrupt. They just know that of x thousand people who walk through the door, Y of them'll go bankrupt, (and z of them'll go into enough debt for the bank to clean up on the interest charges, but not quite enough for them to stop paying ) so they pitch their rates accordingly so that on average the punters who pay up cover the losses on those that don't. They just don't know which ones that'll be."

Very good point as like many other things the customers who pay up are subsidising the loss making customers, various businesses work like this, but however for some reason a few on broadband have decided this is unfair practice.

21-01-2005, 16:54	#401
Chrysalis Inactive Join Date: Sep 2003 Posts: 12,047	*Re: [Merged] ntl "cap"-ALL* Discussion In Here Please.** "And no bank would offer a loan to someone they expected to go bankrupt. They just know that of x thousand people who walk through the door, Y of them'll go bankrupt, (and z of them'll go into enough debt for the bank to clean up on the interest charges, but not quite enough for them to stop paying ) so they pitch their rates accordingly so that on average the punters who pay up cover the losses on those that don't. They just don't know which ones that'll be." Very good point as like many other things the customers who pay up are subsidising the loss making customers, various businesses work like this, but however for some reason a few on broadband have decided this is unfair practice.