Originally Posted by Taf (Post 36166660)

Many who have fallen into debt possibly spent their freebies from HMG on "other things" I suspect.

Originally Posted by Jaymoss (Post 36166657)

what an absolute piss take

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people in debt should either join the debt management scheme or get an IVA depending on how much debt they are in

Originally Posted by TheDaddy (Post 36166670)

Why are we paying their debts, no one pays mine and I resent picking up someone elses bill when I'm already paying extra as it is to cover the original follies

Originally Posted by TheDaddy (Post 36166670)

Why are we paying their debts, no one pays mine and I resent picking up someone elses bill when I'm already paying extra as it is to cover the original follies

Originally Posted by Itshim (Post 36166673)

Tell OFGEM what you think

Originally Posted by denphone (Post 36166662)

Not us l may say as our gas and electric are in good credit..

Originally Posted by Jaymoss (Post 36166657)

what an absolute piss take

---------- Post added at 14:34 ---------- Previous post was at 14:33 ----------

people in debt should either join the debt management scheme or get an IVA depending on how much debt they are in

Originally Posted by nomadking (Post 36166681)

How does that help the businesses that are owed money? As it is, there are huge squeals at any attempts to get people to pay any debt off.

Originally Posted by Jaymoss (Post 36166674)

Some people are foolish and waste money but some are legitimately struggling those deserve compassion not derision

Originally Posted by Jaymoss (Post 36166682)

again it is not a one size fits all but I will tell you what happened to me a number of years and risk your judgement

I suffer from quite severe anxiety and depression and have done since I was a child. About 8 or 9 years ago I got into trouble I was going through a real bad time and got comfort buying nice things. I was on a low income but companies were throwing credit at me hand over fist a lot of it buy now pay later over about a year I accrued £16k debt and had no way of paying it off. I wanted to kill myself. I was fortunate enough to find out about IVAs and took one out. Paid 6K off over 5 years living on next to nothing and the rest was cleared.

Yes a number of firms lost money and yes I was to blame for the spending but they were responsible for facilitating that spending. They all did credit checks and all the agencies know employment status yet they still in some cases gave me 1000s of pounds credit.

I have no sympathy with energy firms they make billions and I have no sympathy for credit companies that do not loan responsibly.

Judge me how you will it matters not

Originally Posted by TheDaddy (Post 36166683)

That's shit, really is but hey if scams like this had been around all those credit companies other customers would've paid them back for you

Originally Posted by Jaymoss (Post 36166682)

again it is not a one size fits all but I will tell you what happened to me a number of years and risk your judgement

I suffer from quite severe anxiety and depression and have done since I was a child. About 8 or 9 years ago I got into trouble I was going through a real bad time and got comfort buying nice things. I was on a low income but companies were throwing credit at me hand over fist a lot of it buy now pay later over about a year I accrued £16k debt and had no way of paying it off. I wanted to kill myself. I was fortunate enough to find out about IVAs and took one out. Paid 6K off over 5 years living on next to nothing and the rest was cleared.

Yes a number of firms lost money and yes I was to blame for the spending but they were responsible for facilitating that spending. They all did credit checks and all the agencies know employment status yet they still in some cases gave me 1000s of pounds credit.

I have no sympathy with energy firms they make billions and I have no sympathy for credit companies that do not loan responsibly.

Judge me how you will it matters not

Originally Posted by nomadking (Post 36166686)

The energy SUPPLIERS are NOT making billions. They are OWED £3bn.
They are restricted in being able to raise prices and are not allowed to cut people off.
The lenders of money that doesn't get paid back, raise their interest rates for everybody else and/or reduce rates for savers. Same principle, others pay for non-payments.

Originally Posted by Jaymoss (Post 36166688)

Well British Gas made almost a Billion first half of this year



This report seems to contradict you also somewhat

https://www.independent.co.uk/news/b...-b2388968.html

https://www.homebuilding.co.uk/news/...afford-heating