Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Credit card charges: Tenth of Brits have stopped saving

People experiencing credit card charges may be among the one in ten Brits that has given up saving for this year.

Research by price comparison website revealed that inflation has caused one in five people to save less than they used to, while over half of the nation are unable to save at all.

Kevin Mountford, head of banking at said: "Unfortunately, savings become one of the first casualties when people have to tighten their purse strings.

"Having a saving pot to fall back on to when times are difficult is vitally important, and while it may not be a priority for many people, trying to put some money aside, no matter how small, can make a real difference."

He added that people should consider maximising their income and spending wisely by using things like discount vouchers.

Research showed that just 0.7 per cent of the population say inflation has not affected their savings.

 Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.

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