Payment protection insurance (PPI) claims or loan refunds could provide the added financial security that many individuals in the UK lack this Christmas.A new survey from MoneySupermarket.com has found that 12 per cent of people cannot afford to lend £50 to a friend, while five per cent said they would loan the money, but it would affect their own festive budget."It comes as no surprise that a number of people are not in the position to be able to lend even £50 to a friend this festive season," said Kevin Mountford, head of banking at the site.He explained that many households have had to make austere financial cutbacks since the onset of the banking crisis and this year had been particularly tough for them.PPI claims could be particularly useful for pensioners or those on a fixed income.Recent research from Aviva found nearly half of the over-55 age group find it difficult to pay for Christmas.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.