Changes To British Gas Credit Reference Info...

[42man]

Letter from British Gas

 

Dear...

 

Like many other companies British Gas share information with credit reference agencies to help us manage our customer accounts. Between now and October the level of information we share will be increased.

 

What this change means for you.

We wanted to let you know about the level of information we share because it could have implications for your credit status.

 

If you have an overdue balance when this change comes into effect this may be reflected in your credit report. Other credit providers and lenders will be able to see details on your report, so late payments or missed payments may make it more difficult to obtain credit in the future and affect the terms on which credit is offered, such as the interest rates you pay........

 

British Gas are known to throw a £15 fee on for just sending a letter if you are late paying your account. Woe betide them if they report a default if the account is subject to excessive charging !!!

[what_todo]

hi thanks 42 man for saying that.

 

sherly no-one can change there t&c's that much as when you signed-up you dont go thro a credit application and therefor you have not given them permission to send your detailes to the CRAs.

[what_todo]

bump

[what_todo]

bump

[MondeoST24]

I'd like the answer to this question as well.....

[Surfer01]

This is another tactic by BGAS to keep you locked into them because if any other supplier checks, thy may reject yoru application. I really think thsi is a big NO NO and before they cna implement it, they need your permission.