Although Brits may be confused by the billing of an insurance loan claim or PPI charges, utility statements leave them the most baffled.This is according to a study by price comparison site GoCompare.com, which found mobile phone bills, as well as credit card charges and bank statements, were among the easiest expenditures to understand.A total of 59 per cent of respondents to the poll argued firms deliberately make their bills confusing.Furthermore, one-fifth of people will not read a receipt if they cannot understand it.Head of energy for GoCompare.com Jeremy Cryer said: "Energy price calculations are complicated but there is no reason why companies can't explain their charges to customers using plain English.""We all need to manage our outgoings proactively," he added.Occupational psychologist Kim Stephenson recently argued youngsters ought to be taught how to manage money from an early age to reduce the likelihood of them entering financial difficulties in adulthood.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
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233,
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