Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Sort out debts in January to avoid credit card charges

British consumers should use January to organise their debts so they can avoid being hit by any expensive credit card charges early in the new year, according to the Money Advice Trust.

The charity explained that the National Debtline it runs always sees a slump in calls in December before a spike in January when the extent of Christmas spending hits.

In the last ten years, the debt advice service has received 158,293 calls in Januarys from people looking for help in sorting out their credit card bills, as many use their plastic to pay for the festive season.

Anyone struggling with this debt should contact a help service to try to get help as soon as possible to prevent issues getting out of hand.

"If possible, rather than take on the full cost of Christmas in one month, the best way to pay for Christmas is to budget for it all year round," said Joanna Elson, chief executive of the Money Advice Trust.

She recommends people look at what they spent last Christmas and then divide the total by 12 so that they can put away money for the festive season every month.

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.

 ADNFCR-2776-ID-801522357-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