Payment protection insurance claims and loan refunds could be useful for the British consumers who will not be able to spend as much on Christmas gifts this year as they did in 2010.New figures from Churchill Home Insurance revealed that 25 per cent plan to make cutbacks and of those, 73 per cent stated the decision was to save money.The average person will buy presents for nine people totalling £379, according to Churchill.Matt Owen, the firm's spokesperson, said that even though some people plan to reduce their festive budgets this year, the average price of a gift will still be £40.A recent study by MoneySupermarket.com found that if people rely on credit cards to cover their Christmas expenditure they could worsen their financial situation.The site calculated if a person spent £437 on a typical credit card and only paid off the minimum monthly amount, they would still be paying for the purchases in nearly 13 years time.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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