Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Loan charges: Change the nature of your purchases to reduce expenditure, expert claims

Consumers who are having trouble paying their loan charges may be interested in how they can reduce their expenditures.

Martin Bamford, chartered financial planner at Informed Choice, a family owned and managed firm of Chartered Financial Planners established in 1994, claims that it tends to be older people who notice the affects of inflation.

He said: "Experiences of price inflation will differ depending on how you spend your household income on different goods and services.

"The amount of your money spent on compulsory rather than discretionary expenditure will also make a big difference. There are ways to reduce expenditure in an inflationary environment, if you are prepared to change the nature of the things you purchase."

Mr Bamford added that if you spend a lot of money on items that are increasing in price, such as fuel, then you will definitely be feeling strained financially.

His comments come as the latest consumer price index figures revealed inflation in May was 4.5 per cent.
Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-800580052-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