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cancelling contracts/direct debits - advice pls
So I will be moving house in the next week or so, and if I find somewhere that already has sky/Internet etc, then I won't need to transfer either from where I'm currently living......but as I'm currently tied into 12 month contracts on both, I was just wondering what's the legal consequences of just going into my bank and cancelling the direct debits for these? am i liable to get shafted in any way?.....would something like that affect my credit rating etc?