The Arnold Effect?

Total refunds of mis-sold PPI claims in the UK have nearly reached £30bn since 2011, the country’s financial watchdog said on Wednesday, with a significant rate increase which possibly could be the result of the ad campaign fronted by a motorised model of the head of Arnold Schwarzenegger.

Claimants received just under £367m in December 2017, the FCA (Financial Conduct Authority) said, from £398m in November 2017 and £325m in October 2017.

In August 2017, the FCA kicked off a £42m ad campaign featuring Arnold Schwartznegger that urged potential claimants to “make a decision” on seeking compensation and “do it now”.

The official deadline for PPI compensation applications is 29th August 2019. Over a million people visited the FCA’s dedicated website for PPI in the first month of the campaign.

Don't Miss The Deadline... Start Your Claim Today!

#PPIDeadline #PPIClaim

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IronStone Legal is a trading name of Demirtas Finance Ltd, Registered in England and Wales number 07975646.
Authorised and regulated by the Financial Conduct Authority as a claims management company number 838139. 
Regulated by the Information Commissioners Office in Respect of the Data Protection Act 2018 number: Z3119423

*Fees may apply for cancellations outside of the 14 day cooling off period, calculated on an amount of work completed basis as stated in our TCs. No cancellation fees payable by you if you cancel within the 14 day cooling off period. We charge 35%+VAT (42% including any VAT) for mis-sold financial products and services.

± Before any deduction for 182 claims resolved 6 months prior to 14/02/2018 across multiple different services. 

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