Those people who are finding they are constantly withdrawing money from their bank accounts this Christmas could check to see if they are eligible to make a payment protection insurance (PPI) claim, or seek loan refunds.PPI claims could provide the boost they need this year, as new research from Sainsbury's Finance has demonstrated that people in the UK are withdrawing more money than they were last Christmas.Consumers will take out £11 billion from ATMs this year – a substantial increase from the £10.3 billion withdrawn last year.This means that every minute during December, £246,000 will be dispensed by the UK's cash machines.Alex Blake, head of ATMs at the company, said: "This party season make sure you don't leave getting your cash to the last minute."PPI claims could particularly be suitable for the over-50s, as recent research from Saga found they spend more than £900 million on Christmas food and drink for their families.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
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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.