Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
PPI Claims: Credit ratings 'could affect fuel costs'

PPI claims may be needed to help people pay for existing credit purchases to avoid being penalised by energy companies.

Gas and electricity suppliers are increasingly making use of data from credit reference agencies, according to a new report from Consumer Focus.

The data determines whether the firms offer customers the best deals, as those with a poor rating are considered a higher risk and asked to pay more for their electricity.

Consumer Focus believes this is unfair, as many people with lower credit ratings may have no history of struggling to pay for essential items such as energy bills.

Dhara Vyas, energy expert at the consumer group, said energy is an essential service that people need for their health and wellbeing and it must not be treated the same way as other types of credit, like loans and credit cards.

Paul Lewis from Credit Confidential recently urged people to always make sure they repay at least the minimum monthly repayment on any credit commitments they may have.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-800760606-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide