People who are finding it hard to accumulate the extra money they need to fund their Christmas shopping this year could check to see if they are eligible to make a payment protection insurance (PPI) claim.Dave Penny, managing director of Invest Southwest, has warned cash-strapped consumers the worst option available to them is to take out a high-interest loan.He said that the banking crisis and the following recession have created some of the toughest economic conditions in a long time and households need to realise they cannot afford to rely on loans as they are the "road to ruin".Families should also set aside time to create a budget and assess if they have enough disposable income to be able to buy presents and attend parties, Mr Penny added.Recent research from Skipton Financial Services found that to have any surplus income households need to earn £32,702 a year to cover the cost of everyday bills and services.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
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.