Payday loans used to pay for household essentials
18 May 2012 08:49 AM
Tue, 24 Mar 2009
The new package of measures was announced yesterday (March 23rd) which would mean that pre-payment customers would no longer see charges of over £85 than the direct debit rate for energy bills.
moneysupermarket.com has said that the new regulations will provide more fair treatment for pre-payment customers and will bring an end to unjustified energy bills, with five million people currently missing out on £845 million in savings each year.
The company added: Pre-payment customers should not be punished for using this type of meter. It is painfully ironic that they pay a hefty price and are charged 15.6 per cent more on average than those who pay by monthly direct debit.
Previously, moneysupermarket.com advised energy customers to move bills online in order to take advantage of the savings available with paperless billing.
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