A number of Brits may not fully understand financial issues, such as bank charges, as new research shows the extent of their payment knowledge. PayYOURway.org.uk has revealed that two out of three Britons cannot identify a Faster Payment from description. Findings revealed that 28 per cent of people could not recognise a standing order from it being described as 'an instruction to your bank or building society to make a set payment, usually on a regular basis, to another UK bank or building society'. As a result, it has launched an online glossary of payment terms in order to help improve the nation's payment literacy. Sarah Quinn, from the campaign, said: "The new glossary and online guide are part of our campaign to educate everyone - from young people who are just starting to manage their own finances, to older people who perhaps feel a little left behind by online and other relatively new payments." Jennifer Haines Jennifer's speciality knowledge is credit card changes and balance transfers.
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/search.aspx
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. Registration number Z1728023
and holds a Credit Consumer License issued by the Office of Fair Trading license
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.
By using our web-site, you agree that we can place the types of cookies described