Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 15/3/2010

PPI: Debt charity turns away consumers 'too poor' for help

Over one-third of all consumers who contacted a UK debt charity last year had to be turned away as they were too poor to be helped, new research suggests.

Despite record numbers of people contacting the Consumer Credit Counselling Service (CCCS) in 2009, only one-quarter of those were able to enter a debt repayment plan or Individual Voluntary Arrangement.

It found that a large proportion of consumers were unable to meet their daily living costs, without taking into account money owed on credit cards, home loans, car loans and other personal borrowing.

That faced with increasing credit card charges, overdraft fees and late payment penalties, resulted in one-third of people having no access to a debt repayment plan.

According to the CCCS, the only advice it could give debt-ridden consumers was to try to limit their outgoings wherever possible and increase their personal income by carrying out overtime or taking in a lodger.

A report published earlier this year by Circle Anglia and authored by the Financial Inclusion Centre thinktank, found that increasing numbers of people have been forced to borrow money from illegal lenders as a result of poor finance.

For free advice on how to make a PPI ClaimPayment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19668173-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of 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