Understanding your credit card rights under Section 75.
You get great consumer protection if you pay for something using your credit card, but the rules aren’t completely cut and dried.
Last weekend there were four questions left at the bottom of the article I’d written about your rights when paying by credit card. Many of us know that if you pay for something using your credit card, and it costs between £100 and £30,000, you can claim against the credit card company if there’s a problem or the goods don’t arrive. But while the principle is straightforward, the rules can be complicated.
Energy companies are cutting their prices, but who will really benefit?
Whose prices are falling first and what should you do if you’re on a fixed tariff deal?
A combination of the mild winter (reducing demand) and a fall in wholesale gas costs has prompted energy companies to cut some of their prices. But whereas bills went up by 14 – 15% on average last year (with some tariffs rising by much more), most energy suppliers are only dropping the price of one fuel – either gas or electricity - and generally by 5% or less.
It’s so easy to get carried away by the prospect of a bargain, but how many of us soon regret those ‘bargains’ which lurk in the back of our wardrobes, or discover that the bargain sofa was not quite the deal we thought it was?
