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PPI Claims - About PPI

PPI Claim News - 11/11/2009

Credit Card Claim: Response to consumer credit report

Comparison site has responded to a PricewaterhouseCoopers report on the availability of consumer credit.

Earlier this week, the accountancy giant found that the number of bad debts has reached a record high, which could push up the cost of having a credit card.

Joanne Garcia, head of credit cards at, commented: "PWC's Precious Plastic report highlights that credit issuers are now unable to turn to wholesale markets as they were able to in the past.

"Allied with increased regulation on capital requirements, lending activity will in future be restricted to those customers on whom certain margins will be made - and as such, any customer who is deemed at risk of 'going bad' will be avoided at all costs."

Customers who think they have been treated unfairly by being mis-sold PPI or given excessive credit card charges should consider seeking a credit card reclaim.

Belmont Thornton can help you make a PPI claimPayment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19454401-ADNFCR

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