Comparison site Confused.com has responded to a PricewaterhouseCoopers report on the availability of consumer credit.Earlier this week, the accountancy giant found that the number of bad debts has reached a record high, which could push up the cost of having a credit card.Joanne Garcia, head of credit cards at Confused.com, commented: "PWC's Precious Plastic report highlights that credit issuers are now unable to turn to wholesale markets as they were able to in the past."Allied with increased regulation on capital requirements, lending activity will in future be restricted to those customers on whom certain margins will be made - and as such, any customer who is deemed at risk of 'going bad' will be avoided at all costs."Customers who think they have been treated unfairly by being mis-sold PPI or given excessive credit card charges should consider seeking a credit card reclaim. Belmont Thornton can help you make a PPI claim – Payment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.