- 01
- Jun
A series of price cuts by BT could help consumers with debt management, it has been suggested.
According to SimplySwitch.com, moves by the telecoms provider to reduce charges on a number of its call packages may aid those struggling to manage their finances and make personal loan repayments.
Founder of SimplySwitch.com from the price comparison service Karen Darby said: "These latest price cuts are great news for the consumer."
However, as in a similar manner to those looking to take out a personal loan, Ms Darby advised that consumers considering switching telecoms provider to take the time to ensure they are getting the most competitive deal possible which suits their needs.
Under the price cuts, those who opt for paper-free billing and pay by direct debit will see their line rental costs reduced by 25p per month.
Meanwhile, those on the ‘Option 3′ package will see their monthly payments cut from £9.95 to £7.95.
However, last month uSwitch.com suggested consumers could be paying up to 240 per cent more for their broadband as those in the same postcode if they live outside their internet provider’s Local Loop Unbundling network.
This in turn may well impact upon their attempts at debt management and making personal loan repayments.
Interfinancial providing you with breaking debt management news.
