Everything You Should Know About Prepayment Meter Debt

Stop Debt Collectors Everything You Should Know About Prepayment Meter Debt

Everything You Should Know About Prepayment Meter Debt

Those of you who live in the UK are probably familiar with prepayment meters that allow you to use credits to pay your energy bills. Unfortunately, prepayment meters can mean getting in over your head in debt, hence doubling the debt you were trying to prevent.

This can become a frustrating process, but far too easy to find yourself in financial trouble as a result. Debt collectors may be hounding you over that prepayment meter debt. How do you find a way to get rid of those debt collectors?

Let us help using our DoNotPay app.

How Do Prepayment Meters Work?

If you're new to prepayment meters, this is what you need to know about them so you don't find yourself in deeper debt than you were before:

  • Energy companies often provide prepayment meters to go in homes, though it can also come in the form of a card.
  • The meters/cards are usually promoted as helping you pay for electricity or gas as you use them.
  • They provide emergency credits if you're unable to top up your electricity or gas. However, using up emergency credits is what usually gets people into trouble and incur prepayment meter debt.
  • If you don't leave emergency credit in the meter, you could also end up with standing charge debts, which are daily charges for using the meter.

While there are some benefits to using prepayment meters, what usually happens if you get into debt with them and can't pay it back? You can find out more at the following contact information.

Call0808 223 1133
Textphone18001
Websiteuse their online webchat.

Who Is the Debt Collector Calling Me?

The most likely scenario when you can't pay a prepayment meter debt is your debt being sent to a debt collector. From there, these things could happen:

  • You'll receive harassing phone calls from debt collectors to pay your debt.
  • You'll receive messages by post from debt collectors to pay your debt.
  • You could eventually be sued for the prepayment meter debt if you don't pay it after repeated contact with the debt collector.
  • Your credit score becomes affected due to the debt hanging over you.

You definitely don't want to be bothered by debt collectors, even if that may be a reality for you right now. While you can always call them and set up payment plans, it takes a lot of extra time.

When life is stressful, taking the trouble to contact the prepayment meter company or a debt collector can take far too much of the time you don't have.

How Long Can Debt Collectors Attempt Collect On Your Prepayment Meter Debt?

The statute of limitations on debt collection here in the UK is six years. If you manage to not be sued for the debt before that time, it can be removed from the record eventually.

However, you should always attempt to do something about your debt since legal action is often taken before the statute is applicable. Also keep in mind that once you pay on your debt, the statute no longer applies.

Get Help With Your Debt Here in the UK Using DoNotPay!

Rather than contact the prepayment meter company or debt collector yourself, we can contact them for you using our DoNotPay app. We make this work using our AI technology, saving you time having to hire a solicitor or a debt professional. It works using these three simple steps:

  1. Search "debt collection" on DoNotPay.

     

  2. Answer a series of questions about the debt collectors, including when you were contacted and how you were contacted, so we can determine if they have violated any debt collection laws.

     

  3. Decide which course of action you want to take based on our guidance, such as filing a debt verification request, demanding for the collectors to stop contacting you, or reporting them to a professional trade association.

     

Now you can take some decisive action if you realize the debt collector contacting you about your prepayment meter debt isn't following proper laws.

Once you choose the course of action to take, DoNotPay handles the rest. We'll deliver your request directly to your debt collector via first-class mail, or file your complaint automatically with the relevant trade association or ombudsman.

What Else Can DoNotPay Do for You?

In addition to helping you contact debt collectors for your prepayment meter debt, we can also help you with other notorious debt collection agencies. Take a look at these seven examples:

  1. Moorcroft
  2. DWP
  3. Advantis
  4. Provident
  5. Marston Group Holdings
  6. Lowell Financial
  7. Amigo 

We also help solve many types of legal issues you might encounter in life. Rather than hire a solicitor to solve them, our app works using AI technology, saving you money overall.

What kind of legal issues can we solve? There isn't one that we can't, and our services include helping pay your other bills if you've fallen behind on them. Plus, we can help with small claims court cases if you want to file a lawsuit against someone. The same goes for filing complaints against major companies.

Visit us to find out more about our detailed app features.

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