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Southern Water extorting by DD
Our water bill went up to £799 this year, and even though the account was already more than £500 in credit, they decided to increase the direct debit.
I queried this - by the time we have paid the year's direct debits, together with the amount already in credit, we will have overpaid the bill by more than £700. I asked them to reduce the DD so that it would cover the amount of the bill - they refused and said it's not possible!
The only way to pay this year's bill and no more was to cancel the DD and pay the bill twice a year, which I have done.
I asked for this sharp practice to be raised as a complaint, I've had no reply of course.
Comments
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Is there any financial advantage to you for paying by DD like a discount or a period of free credit?
If not then just pay on demand as you have decided to do.
Not seeing "extortion" or "sharp practice", just a convenient way of paying a bill that you've decided not to use.
Your complaint will fail.
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I pay by standing order and so I stay in control. I'll reconsider that if they ever offer an incentive to pay some other way. There are times in the cycle when I am in debit and get angry threatening letters. They go in recycling.
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None. Just the "privilege" of paying for almost a year's bill in advance.
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Why not simply ask them to refund your credit?
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You can still pay by DD when you receive half yearly bill, that's how I do mine
Remember the saying: if it looks too good to be true it almost certainly is.0 -
Our water bill went up to £799 this year, and even though the account was already more than £500 in credit, they decided to increase the direct debit.
that can happen with easy justification. You haven't given us enough information to say whether it is fair or unfair or not.
For example, if you didn't have the credit, then the forward pricing would likely see an even higher direct debit amount needed.
I asked for this sharp practice to be raised as a complaint, I've had no reply of course.
You would probably have better luck by explaining why you think it's wrong.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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