Martin Lewis issues ‘bad news’ to drivers and | Tech News
In a post on X, Martin Lewis wrote: “Things have been delayed further. The Court has just said it’ll only hear the legal challenges to the FCA scheme in Dec 26 or 27 – far later than had been thought.
“So even if the challenges fail, payouts likely wouldn’t start until mid-2027 at the earliest. And even then there could be appeals.”
Martin went on to clarify what motorists ready on the scheme ought to do within the meantime.
He mentioned: “If you’ve complained. Sit tight. If you don’t get a rejection now, then hopefully, if all goes to the current plan, you will be due a payout. Yet don’t expect any further response otherwise. I know many find that frustrating.”
And for these but to have a criticism beneath the scheme, he had completely different advice.
He defined: “If you’ve not complained.
“It’s still worth getting one in now, as you will eventually get paid out quicker if you’re due. Plus there will be less “not finding your info” risk.”
Around £7.5 billion is predicted to be paid out on roughly 12.1 million agreements from 2007 and 2024. Money Saving Expert (MSE) has offered a guidelines to discover out whether or not you might be possible to be eligible for compensation.
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