Payment protection claims could offer a financial respite to the UK's younger generation, who are experiencing major money worries and are faced with harsh economic prospects.New research from the Consumer Credit Counselling Service (CCCS) found that nearly three-quarters of 18 to 39-year-olds have unsecured debts.The problem was widespread with over a million households in the age group finding the current financial situation meant they were having difficulties staying financially viable.Loan refunds could be a more effective financial measure than debt management schemes for these young people with money troubles."It is … essential they are protected from the aggressive practices of commercial debt management companies who will only add to their debt burden," said Wilf Stevenson, CCCS's chairman.According to Credit Action, average consumer debt including unsecured loans in the UK now stands at £15,432, and the sum rises to £55,795 if mortgages are taken into consideration.Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
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.