The Office of Fair Trading (OFT) has issued guidance for firms on misleading names, particularly those making credit card claims or statements about other financial products.It released these recommendations to prevent corporations from tricking the public by using names such as Helpline or Debtline, as well as other titles that could imply the group is a charity or a government agency.For example, the public body stated a company calling itself 'Cheap Loans for All' would be implying that everyone can receive credit from it, so businesses with a similar name will be likely to be challenged.Furthermore, loan claims such as "zero-interest' or 'lowest prices in UK' will only be acceptable if this is deemed to accurately describe the enterprise.Trading names must not mislead about the cost of products, the services provided, the scale of the organisation or the relationship it has with other businesses.Commenting on this decision, chief executive of the Money Advice Trust Joanna Elson said: "When someone does take the right step, they deserve better than firms trying to make a profit by deliberately misleading them."Charles Baker Charles 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/search.aspx 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. 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.
By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide