Martin Lewis warns there’s just ONE day left to claim back mis-sold PPI
28 August 2019, 12:26
How to claim back PPI before the deadline: Martin Lewis has issued a warning to those who may be eligible
The PPI deadline is fast approaching, and Martin Lewis has warned the public to get a move on if they want to see if they have a claim.
Tomorrow (29 August 2019) is the last day you can claim back mis-sold Payment Protection Insurance (PPI).
It is the last day members of the public can start a claim - and these claims can then be continued and escalated to the Financial Ombudsman Service after the deadline has passed.
Martin Lewis, who is the founder of consumer site MoneySavingExpert, said: "Don’t be a last-minute Lilly or Larry. Websites crash. Phone lines get clogged up.
"You should expect the unexpected to happen with such a huge deadline. In your head, imagine TODAY (Wednesday) is the real deadline and sort it NOW.
"If you’re not sure, just fill in the details anyway and check if you had PPI.
"I'm not encouraging you to make a spurious claim, more to just get in over the line, and buy yourself more time to find out if you are due money later."
For most major banks, the online cut-off is 11:59 on 29 August - but claims made by phone need to be done between 9PM and 11:69, depending on company.
For those applying by post, some banks say they'll accept any letter sent on 29 August - but some have said they need to receive it by then.
Martin recommends always making sure that you received confirmation once you have started your claim.
He said: "If you are checking directly with your bank, ask it for a written confirmation that your enquiry has been submitted, and that this means your claim is triggered.
"If it's on the phone or in person, make a note of the name of who you spoke to, the time of the call, and ask it to assure you the claim is triggered."Then email it to yourself so you have a time stamped contemporaneous note."