Unnecessary Amount of Tariffs Causes Customers to Waste Around £5 billion a Year on Phone Bills

Sept. 29, 2011 - PRLog -- Many people are stuck in contracts where they are not sure if they are getting a good deal and could be paying excessive amounts of money for services they do not even use. It is estimated that 76% of mobile phone users are on the wrong tariff.

“There is plenty of choices out there when looking to get a new contract phone and it can be overwhelming and extremely confusing to decide which one to tie yourself into and like most, you are probably drawn in by what is included in a contract, such as unlimited internet usage, texts or calls, yet for most people this is simply not needed and you could be better off on a smaller plan at a smaller cost,” said James Jones from Poor Credit Loans 4 You who specialist in helping people acquire poor credit loans.      http://www.poor-credit-loans-4-you.co.uk/poor-credit-loans-for-poor-credit-loan-poor-credit-rating-loans-with-poor-credit-loans.html

Many people are stuck with their tariff, as it is nearly impossible to be able to change once you are tied down to a specific tariff.

According to the consumer group Which? the industry has made it nearly impossible to be able to switch tariffs by creating a confusing range of more than ten million tariff and phone combinations. And they estimate that around 10 million customers are overpaying for their mobile phones because they are paying for services they don’t use.

For annual contracts there are around 72,000 tariffs, on each tariff there are up to around 111 or more handsets and 20+ extras from merchants, this adds up to around nine million ways to buy a phone.

“When looking to get a new phone on contract, the number of options is very confusing and may end up costing you more if you don’t take your time, do your research and try to find the best contract to suit your needs,” said James Jones from Poor Credit Loans 4 You.      http://www.poor-credit-loans-4-you.co.uk/ccj-loans-for-po...

There are millions more options if you include the many deals associated with pay-as-you-go phones and a spokesperson for the official customer body, Consumer Focus, said: “Millions of people now depend on their mobiles to access an ever growing range of services, yet many have no idea if they are getting good value for money.” He also warned consumers to watch out for hidden charges, saying ‘Even when consumers shop around for the best deal, the true picture is muddled by hidden costs such as charges for accessing voicemail, for itemised paper bills or for special rate numbers such as 0800 and 0845”.

02 and Orange will allow you to downgrade your contract when you are halfway through, but you will only be able to downgrade once.

3 will allow you to downgrade your contract but you are likely to incur an admin fee, where as Vodafone will only allow you to upgrade your contract and T-mobile will not allow you to either downgrade or upgrade.

“Experts estimate that around £5 billion a year is wasted by people who pay for contracts that are unsuitable for them, which is a huge amount that can be reduced by people selecting their tariffs more carefully and only getting the number of texts, minutes and data that you actually need. The £5 billion is not just from people paying for expensive phone bills that they don’t need, but more than 50% of it is made up from people not having enough minutes, texts or data in their contract and having to pay the excessive fees that are charged if you go over your limit, so make sure to take your time and do plenty of research so you can get the best contract for you and keep costs down to a minimum,” said James Jones from Poor Credit Loans 4 You.

Poor Credit Loans 4 You helps out people who fear they have been blacklisted because of past poor credit history which could include CCJ’s and defaults, arrears, late credit card payments or repossession.

Poor Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading.

Poor Credit Loans 4 You is also covered by the Financial Ombudsman.

Poor Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.

For help, phone 0800 215 5860

Or visit: http://www.poor-credit-loans-4-you.co.uk/poor-credit-loan...

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Notes for Editor:

Loans 4 You of London Ltd
Innovation Centre
Monks Brook
PO30 5WB
United Kingdom
Tel: Free Phone 0800 215 5860

Poor Credit Loans 4 You was formed in order to ensure people with poor credit had access to specialist help in securing the poor credit loans they need.

From its UK head office in Monks Brook, Loans 4 You operates across Britain, sourcing poor credit loans for people with poor credit.

Poor Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading.

Poor Credit Loans 4 You is also covered by the Financial Ombudsman.

Poor Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.

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Poor Credit Loans 4 You is a top UK specialist for Poor Credit Loans for people from all over the UK.

Its wealth of experience in the Poor Credit Loan industry means it gets the best deals for people seeking a poor credit loan.

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