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Friday, November 03, 2006

Why do companies screw the elderly?

I am getting really pissed off with companies who target the older generation, (to whence I am heading fast - but fighting!), with their 'caring, softly, kindly' approach. What do I mean? "Well, you obviously don't spend enough money on your grandchildren, so why not re-mortgage your home?" - yes, the one that you worked for all your lives - to pay extortionate interest and end up only having a small fraction of the value when you eventually pass away!

Hey! You don't even need to sell part of your home. Go to the 'caring' company that will give you a loan - even though you are retired! OK, you will be charged around 10-20% more than anyone under 60 looking for a loan but, here's the money for you! .. .It's frightening.

So, there has to be something personal here too, to make me write about this. My mother-in-law, (aged 81) - with the same comany twice this sort of thing has happened. She has had two letters from BT to say that her line will be taken over from them to the Post Office Telephone supplier. She has no recollection of having signed up to change her supplier. If you are old enough to remember in the 80's, (I think), the Post Office Telecoms was privatised into British Telecom (BT). Maybe this is the confusion?

Now, having spoken to a Post Office Telecoms salesperson whom shall remain nameless, I am led to believe that this is 'known' to happen! Is this right?? They use the 'We are the original 'Post Office Telephones, so you are just signing back to that'. What 'Sharp Practice' is that??

OK. Different kinda post from me but, particularly if you are in the UK - and maybe this is just a Glasgow problem, make sure your older relatives know there are big neggies to watch out for.

PS. If any of my family a generation older than me are reading this, please spend all your money - have fun - and do whatever you have always wanted to do!! It's the enjoying it that makes the 'making it' most important!! And, indeed, makes us the most happy too!



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