This Tuesday, 29 August 2017, marked two years before the official PPI claims deadline set by the Financial Conduct Authority (FCA). The last day for submitting mis-sold payment protection insurance claims is 29 August 2019, making it important to start your check as soon as possible, if you haven’t done so already.
Think that this doesn’t apply to you? Think again! With up to 64 million PPI policies sold in the UK and £27bn paid in compensation so far, a large portion of people who were mis-sold may have not claimed for compensation yet.
The FCA has even launched an advertising campaign featuring the voice of Arnold Schwarzenegger to increase awareness of the upcoming PPI deadline. The advert will be running across cinemas and television starting from 29 August 2017.