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PPI Claims: People aim to make financial changes in 2012

Many people in the UK could be checking to see if they are eligible to seek a payment protection insurance (PPI) claim in the new year, as they make a concerted effort to give their finances a thorough overhaul.

New research from Gocompare.com has found that 26 million British consumers will make New Year's resolutions and fiscal concerns are people's number one priority.

The report found that 49 per cent of people in the UK want to ease their money concerns in January - three percentage points higher than the common resolution of participating in more exercise.

Of those who wanted to make financial improvements, 40 per cent stated they would like to reduce their expenditure, while 35 per cent hoped to lower the amount they owed.

"Unlike some of the health and lifestyle resolutions, there are several easy, practical steps people can take to make a real change to their finances in 2012," said the site's business development director John Miles.

Recent research from uSwitch.com found that Christmas spending will leave a quarter of British consumers in debt.

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.ADNFCR-2776-ID-801250191-ADNFCR



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