Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Britons making more effort to reduce credit card charges

Britons are increasingly keen to consolidate their debts in order to avoid costly credit card charges and other excessive fees.

Many people are lured into taking out a credit card by attractive interest rates, but more often than not these rise significantly after a specified period - usually between six and 12 months.

Skipton Building Society recently revealed that levels of spending on plastic were reckless in 2011 and consumers are going to feel the full force of this in the first few months of 2012.

However, according to Sainsbury's Finance, many people are already taking measures to cut down their debts by taking out low-rate loans that will be used to pay off credit card arrears that are attracting high levels of interest.

Head of Sainsbury's Loans Steven Baillie said that consumers should shop around for the best loan packages.

"Consolidating the debt could make a big difference by making it easier to budget monthly outgoings," he remarked.

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.ADNFCR-2776-ID-801293674-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