SAPCOR1
Journeyman Pro
Previous experience, as the loan company not only charged a % rate to the members but also a % to the club.
Membership fee's
- Thread starter Leereed
- Start date
Previous experience, as the loan company not only charged a % rate to the members but also a % to the club.
You are thinking of Nairn Dunbar the other side of town from my home course Nairn.
I'm also a country member at Moray which is just over £200.
Not sure how your club does it but using an external company does not cost us a penny, not one.
It costs the member in the same way as it does if they take finance with any company.
SAPCOR1
Journeyman Pro
Interesting. How does the finance company then pay the golf club? In full or by installments?
In full.I am not aware of a company that charge the club.Certainly Premium Credit don't.
SAPCOR1
Journeyman Pro
Therefore the credit company own the membership until the member has paid in full, in which it will be time to renew again?
If the member faults then the club have to pay back the portion.Luckily none at my club tend to default but if they did it would be no different to if they faulted on with 2 x months of £40 to go of a £480 12 monthly paid subscription.....the club would have to pay back the same to Prem Credit as they would not get from the member if he paid DD to the club direct. Direct tho would cost the club in bank charges which of course would need to be built into the overall price of the subscription.
cookelad
Tour Winner
Just had "The Email" £35 increase this year so that's just short of a 3% increase, I can handle that, just under £3/month!
Scooby999
Club Champion
Had letter this week, just shy of £700 for Tenby Golf Club in Westest Wales. Great course and has been open all year, few holes out of play over the past month because of water but pretty much 365 days per year of pure links golf .
