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Paying a lump sum when usually paying by dd
Hi
I'm with Scottish Power for electricity, and last year (probably about July time) got clobbered with a massive bill as the amount I was paying monthly obviously wasn't enough (and stupidly I forgot to supply actual readings and it had been going off estimated for about 18 months- I know, me bad).
Anyway, SP increased my monthly DD accordingly, so as to take account of my increased estimated usage and to pay off the arrears.
This isn't a problem as such, but I don't really like being "in debt" to anyone, so wondered if SP would accept it if I phoned up to pay a lump sum off, in addition to my monthly dd?
Any thoughts appreciated
I'm with Scottish Power for electricity, and last year (probably about July time) got clobbered with a massive bill as the amount I was paying monthly obviously wasn't enough (and stupidly I forgot to supply actual readings and it had been going off estimated for about 18 months- I know, me bad).
Anyway, SP increased my monthly DD accordingly, so as to take account of my increased estimated usage and to pay off the arrears.
This isn't a problem as such, but I don't really like being "in debt" to anyone, so wondered if SP would accept it if I phoned up to pay a lump sum off, in addition to my monthly dd?
Any thoughts appreciated
0
Comments
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I have litlle doubt they would accept a paymet, or just make one by sending a cheque.
On the other hand you have got an interest free loan.0 -
I have litlle doubt they would accept a paymet, or just make one by sending a cheque.
On the other hand you have got an interest free loan.
True- I didn't think of it like that. However, I don't want there to be any barriers to getting the best tariff when my fixed price deal with them runs out in a couple of months.0 -
You either give them the extra money now or later. What does you latest bill say assuming its recent?IT Consultant in the utilities industry specialising in the retail electricity market.
4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).0 -
If you have an online account you can pay a lump sum by card.0
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Yes you can pay some money into your account ! If you do it by credit card they charge a surcharge I believe but may be wrong . You can defiantly pay by debit card with no surcharge .
Just phone up and they will take it over the phone if you wish0
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