Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Bank charges: Students advised to look at overdraft facilities of accounts

In order to avoid experiencing bank charges while studying, students have been advised to look into overdraft facilities of current accounts before picking one.

Independent financial research company Defaqto revealed that students should not be enticed by incentives on offer from banks.

David Black, insight analyst for banking at Defaquto, said: "Although money management may be the last thing they want to consider, doing the homework up front and getting the right account in place could pay significant dividends.

"Student accounts typically offer a number of incentives and, although useful, it is essential that students look beyond these and focus on what would happen if they were to become overdrawn."

He added students should also look at what an overdraft facility will offer students after graduation, noting that they should remember they will have to repay any money they borrow eventually.

A-level students are set to receive their results tomorrow (August 18th).

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.ADNFCR-2776-ID-800702750-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 
Town
County
Post Code 
Email 
Circumstances
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 www.gov.uk/moj/cmr 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