People who are finding it hard to accumulate the extra finances they need to buy Christmas gifts could check to see if they can make a payment protection insurance (PPI) claim or loan refund.One in three consumers in the UK state they will not buy the same amount of presents as last year, with 61 per cent of those attributing the cutback to a lack of money, according to new research from Gocompare.com.The site found that Britons will still spend an average of £528 on Christmas presents this year, with one in five planning to use a credit card or overdraft to fund the purchases.PPI claims could be a more financially prudent alternative than the high-interest options, as Jeremy Cryer, Gocompare.com's head of credit cards, said that significant debts can be accrued if people do not pay them off straight away. Recent research from LV= found that parents will spend £178 on each child this Christmas.Jennifer HainesJennifer's speciality knowledge is credit card changes and balance transfers.
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.
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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.