| Claiming PPI Compensation, PPI, PPI Deadline, PPI Refund

You wouldn’t be blamed for thinking that this PPI scandal will never boil over, and you’ll be stuck with another five years of incendiary headlines from the press. With the announcement of the August 29 2019 deadline, 2018 may well be the year we find ourselves more inundated with news than before as everyone scrambles to meet the deadline.

And we haven’t exactly been helped by the results of the Plevin court ruling. When this came out in August 2017, it meant over 1.2 million people who’ve had past claims rejected will have their cases reopened because of the result.

By now, you’ll surely have had the key dates and information sources drilled into your head. But here’s one thing that could put your PPI claim in danger in 2018 that hasn’t been as widely discussed. We might as well be speaking for everyone when we say the PPI deadline couldn’t come sooner. But are you aware of your PPI deadline?

 

Don’t rely too heavily on the 29/08/2019 date.

If you need any encouragement, check out the latest FCA/Schwarznegger (yes, that one) collaboration urging you to ‘DO IT NOW’!

Why the urgency, if the deadline is in 2019?

Well, it might not be 2019 for everyone. When the banks lost their legal battle in 2011, they were required to write letters out to everyone affected and legible for a claim. However, these letters have very important dates on them. They say that you have three years to put in a claim.

 

Oh, no. I don’t know where my letter is…

It doesn’t matter if you aren’t sure if you received a letter now. The reason why there’s a growing sense of urgency now—from the public and from Arnie, in that promotional video—is because we don’t want you to miss out on a rightful claim. That’s why, even if you didn’t receive a letter, it’s better to be safe than sorry, and make the claim now.

If you did receive a letter, and the deadline has passed, it’s still possible to put in a claim.

Under the Plevin ruling, you can make a PPI claim if you believe that over 50% of your PPI sale was a commission. This is another form of mis-selling, so even if you find you’ve gone past the three-year deadline, it may be worth checking if you’re eligible under the Plevin ruling.

 

 

Let’s just get this over with and move on.

It’s fully understandable if you’re sick of hearing of the words PPI. Our advice here is just to not leave it up to the August 2019 deadline, because you never know if you’ll be too late by then. It’ll do no harm just to check.

Luckily, we have you covered as we have a free PPI check system. We’ve constantly got our eyes on the news, too, so if you ever find yourself swamped with a thousand different sensationalised headlines, we’re always trying to break that down into digestible, informative posts for you.

“Do it now!” Arnie urges—and we’re going to agree with him on that one.

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