Consumer Focus has given its strong support to government plans for financial products that could help benefits claimants to budget.This could help some of the most vulnerable people in the UK avoid making loan claims, struggling with credit card charges and falling into unsustainable debts.Ministers intend to have found providers to deliver the budgeting products before the roll-out of Universal Credit, which is scheduled to commence in October 2013.Head of post offices at Consumer Focus Andy Burrows said research from the organisation has indicated there is a "significant need" for bank accounts that support budgeting.He called these "jam-jar accounts" and suggested that they could help people deal with a "major change in how benefits are paid".Without assistance, many benefit recipients could face "face real problems paying rent, utility bills and other essential payments", he noted, claiming two-thirds of people likely to suffer a negative impact as a result of the move to Universal Credit believe they would be better able to cope with a jam-jar account.Jennifer Haines Jennifer'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/search.aspx
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
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