Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Loan claims: Relying on credit 'is not sustainable'

People who are reliant on making payday loan claims and incurring credit card charges to meet their monetary needs ought to find a more sustainable solution. director Annie Shaw argued individuals relying on these financial options are at risk of being "caught in a trap", wherein they realise they owe money so borrow more to pay it.

"Of course, that means the problem is exacerbated," she pointed out.

The specialist warned anyone who is thinking of sorting out their finances in this way to avoid doing so, adding she would "beg them not to do it".

Instead, they ought to seek professional advice, reduce their outgoings and begin budgeting, Ms Shaw suggested.

"It is a matter of organisation," she remarked, stating people have to "get on top of their spending".

"The sensible thing is to get some help, rather than getting yourself more and more into debt," Ms Shaw had previously asserted.

Jennifer Haines
Jennifer's speciality knowledge is credit card changes and balance transfers. ADNFCR-2776-ID-801350455-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