Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

PPI Claim: Shoppers 'forced to cut back'

Payment protection insurance claims and loan refunds could be useful for the British consumers who will not be able to spend as much on Christmas gifts this year as they did in 2010.

New figures from Churchill Home Insurance revealed that 25 per cent plan to make cutbacks and of those, 73 per cent stated the decision was to save money.

The average person will buy presents for nine people totalling £379, according to Churchill.

Matt Owen, the firm's spokesperson, said that even though some people plan to reduce their festive budgets this year, the average price of a gift will still be £40.

A recent study by found that if people rely on credit cards to cover their Christmas expenditure they could worsen their financial situation.

The site calculated if a person spent £437 on a typical credit card and only paid off the minimum monthly amount, they would still be paying for the purchases in nearly 13 years time.

Charles Baker

Charles is a reputed financial analyst with decades of experience under his belt.ADNFCR-2776-ID-801233311-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