Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Loan claims: Lawyers 'wished they had started saving earlier'

Many people are struggling to cope with loan charges or credit card claims and are reanalysing their outgoings because of this, with individuals in the legal profession being no exception.

In a study by Wesleyan for Lawyers, it was found 53 per cent of workers in this role would have preferred to start saving money earlier in their life.

Furthermore, 75 per cent claimed people in their sector are better at understanding investments than the general populace, with 90 per cent stating they have a good knowledge of Individual Savings Accounts.

Currently, 72 per cent of lawyers set aside some of their savings every month, with 62 per cent regularly reviewing their finances.

"In the current economic climate with low interest rates and high inflation, we would recommend that any lawyer who is saving primarily into a bank account reviews their investment options," Wesleyan marketing director Samantha Porter said.

The recent Personal Debt Snapshot from the Association of Business Recovery Professionals revealed 41 per cent of all people who have received professional debt advice wished they had done so at an earlier time.

Amir Hussain
Amir specialises in personal loans, consumer debt and debt managementADNFCR-2776-ID-801337591-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