Make sure you’re not paying too much on your bills
May 19, 2008
A recent report has highlighted how many people could be paying way over the odds on their bills as a result of errors made by firms. With many people already struggling with their finances and trying to cope with increasing payments and bills this sort of problem could make things worse for many more people, resulting in increased strains on household finances. Officials have stated that in some cases higher bills could be due to error as well as inflation.
One industry official said: “The staggering amount of people who’ve been hit with an incorrect bill only goes to show how inadequate some providers can be. Consumers are already facing increased living costs, the last thing they need is to be charged for something they never had. Worryingly there are millions of people who still don’t check their bills, meaning they could be paying over the odds for a service they have never received. If you don’t check all your bills you’re leaving yourselves open to being taken advantage of.”
He also went on to state: “People should monitor every bill they receive - especially if they pay by direct debit. If payments are made automatically against incorrectly charged bills, suppliers are raking in millions of extra pounds. Also, anyone who doesn’t pay by direct debit should check whether they would be hit with extra charges as some suppliers, such as BT and Virgin, charge for not paying by direct debit. Consumers are already going through a hard time with rising living costs, it is about time suppliers started treating them fairly.”
Recent additions
- Many cardholders missing out on their rewards
- Many people could be paying over the odds on bills due to errors
- More people now requesting their credit reports
- Card providers set to make a fortune of British travellers
Related Articles
- Drivers without insurance could be heading for trouble Officials are warning drivers with no insurance to watch out for increased scrutiny and penalties from authorities in the UK. According to a recent report
- Increased driving costs causing consumers to cut back Over recent months rising living costs, mortgage costs, and tighter credit conditions have resulted in an increasing number of households having to find different ways
- Holidaymakers enjoying benefits of pre-pay cards A recent report has shown that many holidaymakers are now turning to pre-pay cards in order to fund their spending abroad. The report suggests that
- Checking your bills could save you money Many households are currently struggling to keep on top of repayments as a result of rising living costs, high mortgage and rent payments, and other
- Many people could be paying over the odds on bills due to errors Over recent months consumers in the UK have had to face real financial struggles in order to cope with increased mortgage repayments, rising living costs
Comments
Got something to say?

