Payment protection insurance (PPI) claims and loan refunds could help families who are making cutbacks to ensure their children get the gifts they want this Christmas.A new survey from LV= has found that 29 per cent of parents in the UK will make sacrifices to their budget to make more money available to purchase presents for their offspring, while 31 per cent admit to feeling more financial pressure this year.The research revealed that each child in the UK will have more than £178 spent on them by their parents and some mothers and fathers have already told their children they will not get all the presents they have asked for.Mark Jones, the firm's head of protection, said "Many families will be feeling the financial strain of keeping their kids happy this Christmas."He added that families will find it hard to cope financially if they experience even a small fall in income.Recent research from MoneySupermarket.com found that if families paid with a typical credit card for their total Christmas spend, they could be charged £70.20 in interest during the next 12 months.Samantha ClarkeSamantha is a former banking assistant and has over ten years experience in retail banking.
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.