PPI Claim Company Logo
PPI Claims - About PPI

PPI Claim News - 9/2/2011

 
Loan repayments: Millions of Brits missed payments in 2010

Around eight million Brits missed payments last year, with credit card repayments being the most avoided bill.

Research by moneysupermarket.com, a price comparison website, found that one in six people in the UK failed to pay at least one bill last year.

Findings revealed that four million Brits missed credit card bill repayments, with Londoners being the worst offenders, with 11 per cent admitting to missing credit card payments.

Kevin Mountford, head of banking at moneysupermarket.com, said: "There is still a huge section of the UK population seriously damaging their credit profiles by missing payments.

"Avoiding paying a bill might not seem like a big deal, but the consequences can be far reaching for your credit rating and can have a knock-on effect when applying for a new card, mortgage or securing any kind of credit."

Other than credit cards, UK consumers also missed payments for council tax, electricity and mobile phone bills, with 1.5 million failing to pay one of these in the past year.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.
 ADNFCR-2776-ID-800394317-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Quick Claim

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email
Circumstances
Claim Back Mis-Sold PPI Button

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.

Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.

* 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.