Who operates through an EBT scheme?

Who operates through an EBT scheme?

Author
Discussion

seech

Original Poster:

146 posts

212 months

Thursday 30th July 2015
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I’m curious as to whether people partake in these employee benefit trust schemes. I have been pestered by a company I put an enquiry out to so did a lot of research and the risk/reward is just not even slightly worth it. 30 year term loans that ‘shouldn’t ever need to be paid back as the trust operates in your favour’.

“Can I have it in writing that I don’t ever need to pay it back…?”

>“no”.

However… it seems like there are thousands of people just with this one company. So there must be people on here doing it. Searches on here have shown this!

The scare stories that I read are terrible – so has anyone done this and lived to tell the tale?

Seech

seech

Original Poster:

146 posts

212 months

Saturday 1st August 2015
quotequote all
That's terrible!

Bloody glad I didn't go down that route. Made little sense. Feel like sending that link to the company in question. All of a sudden it's become vastly immoral encouraging uptake of these schemes.