(PRWEB UK) 20 September 2012
The recent study, which surveyed over 1,300 members of the public discovered that an overwhelming 86% found their regular utility bills too complicated to understand, with 76% blaming the confusion on industry jargon. More worryingly, nearly half of participants believe they may have lost money as a result of over-complication, highlighted by the fact that a large number of consumers are unable to work out whether a mistake has made in their bill.
The payday loan specialists at Dosh Express were keen to look into the issue further and found that in particular energy bills seem to be a major source of frustration. Known for their regular advice on a range of financial topics, a representative from the firm shared their thoughts on the matter.
“With utility bills accounting for a sizeable portion of most families’ outgoings it is understandable that many are aggravated by unclear bills. When money is tight, people can’t afford to lose money needlessly.”
He goes on to explain what customers should look out for when checking household bills.
“The most important thing to establish is how your consumption is calculated as well as if you are liable for a standing charge. Something else that is really imperative to be aware of is misleading concepts. If in doubt about any terms it is always best to contact your provider.
Payday loans are available for those who may struggle with an unexpectedly high bill one month but if the problem is on-going the issue needs to be addressed more thoroughly.”
Dosh Express is the Honest Lender, helping you get to payday. Based in Castle Donington, in the Midlands, the company’s mission is to provide a great lending service to thousands of our happy customers and be a great place of employment for our staff. Please visit doshexpress.com to apply for a loan, and if you are approved cash is usually deposited in your account within minutes, subject to status. Dosh Express, the trading name of Dosh Express Limited, is a consumer lender offering short-term payday loans, is a member of the Consumer Credit Trade Association (CCTA), and is licenced and regulated by the Office of Fair Trading.