Martin Lewis, a prominent financial expert in the UK, has urged mobile phone users to take immediate action regarding their contracts. During a recent episode of ITV's The Martin Lewis Money Show, he revealed that around 14 million UK customers may be unknowingly locked into expensive phone contracts that have already expired. This situation often leaves them paying more than necessary for their mobile services, sometimes overcharged for packages that included a new handset.

To assist these users, Lewis suggests sending a text with the message 'INFO' to 85075, which is free of charge. Once they do this, they will receive information about their contract status. If it's indicated that they have no early termination or cancellation charges, meaning their contracts have officially ended, Lewis encourages them to explore cheaper SIM-only deals available in the market, which can lead to significant savings over time.

The implications of this advice are considerable, as millions of UK consumers have the opportunity to reassess their mobile phone expenses. Given the financial strain many individuals face, particularly in the current economic climate, following Lewis's recommendations could result in substantial savings. By prompting consumers to be proactive about their mobile contracts, he is fostering greater financial literacy and encouraging them to take control of their financial situations.