Time is running out! Claim PPI before the final 29 August 2019 deadline. It’s free and easy to do.
Skint Dad is an ambassador of the FCA’s PPI deadline campaign.
When I was a kid, I was one of those people who did my homework the night before it was due in. Sometimes I was even more last minute, and I was rushing to finish it on the bus journey to school!
I’ve tried to get better habits as I’ve got older, with all good intentions, but I still do things last minute.
It’s not just me. Latest research from the Financial Conduct Authority has found that 58% of the nation leave things to the last minute.
Whether it’s putting off returning clothes that don’t fit, sending in your tax return, or deciding if you’re going to make a claim before the PPI deadline, you could end up losing out.
While you may think that putting things off isn’t a big deal, it’s costing you a lot!
The average Brit has lost out on £256.53 from doing things at the last minute. However, 4% of Brits – around 2 million people – admit they’ve lost out up to £5,000 from putting things off!
From a charge when paying a bill late to getting a fine from returning a library book after the date, it all adds up.
And you could lose out on even more!
Don’t forget about PPI
If you like the thrill of putting off odd jobs until the last minute, then this is your final reminder to act now.
The final date you can make a claim for PPI is Thursday 29 August 2019.
It’s free and easy to do, and you only need your name, address and date of birth to get started.
A recent poll by the FCA has shown that nearly 1 in 5 people will be last minute in deciding whether to complain about PPI.
Have you done it yet?
Claim PPI before it’s too late.
There were 64 million PPI policies sold in the UK, with most of them being sold between the 1990s and 2000s.
If you had a catalogue account, store card, loan, credit card, mortgage or car finance, you could have had PPI added without even knowing.
A total of £340.4m was paid in June 2019 to customers who complained about the way they were sold PPI, taking the amount paid since January 2011 to £36bn!
You may think you didn’t have PPI, but it never hurts to check.
One of the Skint Dad community didn’t think he had PPI, and had lost all his paperwork, but got a PPI refund (find out exactly how he did it). It just goes to show it’s worthwhile spending a few minutes checking.
Making a claim for PPI is not complicated at all, and many companies allow you to fill in a form online, making it really easy.
You only need your name, address and date of birth, so don’t worry if you’ve lost any old paperwork – companies don’t need this.
Time is running out!
There really isn’t much time left to make a claim for PPI, and then your chance will be gone.
Consumers who haven’t complained to their provider by 29 August 2019 won’t be able to claim money back for PPI. FCA support is available online at fca.org.uk/ppi or by calling the FCA helpline on 0800 101 8800.
Need more info on how to claim PPI, check out our video guide:
Naomi knows the burden of living on very little and became debt free by learning from past mistakes and following her own money saving tips and tricks.