The PPI Deadline has been set – 29th August 2019
The Financial Conduct Authority (FCA) has announced that the PPI Deadline will be 29th August 2019
If you believe you were mis-sold PPI, you must submit your compliant to your bank/lender by this date.
When was the PPI deadline set?
The FCA announced the PPI deadline on 2nd March 2017. They also announced that they would run a two-year consumer communications campaign starting in August 2017 in order to help consumers decide whether to act about PPI before the deadline.
Consumers have until the deadline date of 29th August 2019 to make a PPI complaint, should they wish to do so.
Why is there a deadline?
Andrew Bailey, Chief Executive of the FCA said:
“Putting in place a deadline and campaign will mean people who were potentially mis-sold PPI will be prompted to take action rather than put it off. We believe that two years is a reasonable time for consumers to decide whether they wish to make a complaint.”
“We have carefully considered the feedback we received and we still believe that introducing a deadline for PPI complaints and a communications campaign warning of the deadline will benefit consumers.”
I want to make a PPI claim – what should I do next?
The FCA recommend that “consumers who intend to complain about PPI should do so as soon as possible”.
Gladstone Brookes has helped to reclaim over £775m± on behalf of its clients, and has been successful in 470,000 cases. Our customers have given us a 4.7 out of 5* stars rating on Feefo.
Contact us today to get your PPI claim started — fill in the form on this page or call