Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
PPI claim news: Providers offer more credit card deals

People who have been mis-sold payment protection insurance (PPI) on their credit cards in the past are among those being targeted by new promotional deals offered by providers.

According to a new study by financial comparison website moneysupermatket.com, lenders are attempting to lure potential credit card customers with promises of extended low interest periods.

Although the average APR has risen to 18.41 per cent in recent weeks, the website's head of banking Kevin Mountford suggested that the average length of promotional rates offered by banks is at a record high.

The average length of zero per cent balance transfers has reached 22.4 months - a significant increase on the figure of 16.2 months in January 2011.

"There is no doubt that the appetite for lenders to attract new customers has increased," commented Mr Mountford.

A recent survey conducted by the Post Office showed that more than 12 million credit cardholders will rely on their plastic to pay for utility bills and other essential household payments this month.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers. ADNFCR-2776-ID-801258572-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 B16, 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