PPI Reclaiming Discussion part 4

carrfarmer

hi to all,i would loike to knowdoes anyone have the address to send a sar to nothern rock loans department.
many thanks in advance

di3004

carrfarmer wrote: »

hi to all,i would loike to knowdoes anyone have the address to send a sar to nothern rock loans department.
many thanks in advance

Hi there

Have these addresses here - hopefully someone will confirm which one who have dealt with them. Good luck with this.

NORTHERN ROCK RISK MANAGEMENT,
CREDIT SCORING,
NORTHERN ROCK PLC,
NORTHERN ROCK HOUSE,
REGENT CENTRE,
GOSFORTH,
NEWCASTLE UPON TYNE,
NE3 4PL
TEL: 0845 6008401

NORTHERN ROCK PLC SOLAR HOUSE,
7 ADMIRAL WAY,
DOXFORD PARK,
SUNDERLAND,
SR3 3XW

SAR letter template here:
http://forums.moneysavingexpert.com/showthread.html?t=1475553

Reclaiming here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

donotpassgo_2

Hi all, quick thick question.
We were refunded ppi and interest from egg on a loan however the payment to the loan has remained the same. Should the payment been reduced?

maxdp

donotpassgo wrote: »

Hi all, quick thick question.
We were refunded ppi and interest from egg on a loan however the payment to the loan has remained the same. Should the payment been reduced?

Hi donotpassgo

They usually refinance the Loan although you usually find the reduction only a small amount. Have they not told you that is what they are going to do.?

donotpassgo_2

Hi Maxdp, you come up with great signatures.:T
No they havent said anything just that they were refunding money to our credit account and that if we wanted to use it to pay off the outstanding balance we could. Unfortunately we have had more pressing debts to pay and have not been able to use it to clear the egg loan. However our payments are still the same amount?
Thanks for responding. x:A

maxdp

donotpassgo wrote: »

Hi Maxdp, you come up with great signatures.:T
No they havent said anything just that they were refunding money to our credit account and that if we wanted to use it to pay off the outstanding balance we could. Unfortunately we have had more pressing debts to pay and have not been able to use it to clear the egg loan. However our payments are still the same amount?
Thanks for responding. x:A

LOL thank you do not pass go.:D

Perhaps give them a ring and ask about it. I am confused as to why they have not done this. This was a single premium policy wasn't it? If the PPI is cancelled they have to take the PPI off, as I am sure you are aware.

donotpassgo_2

Not sure if it was a single premium policy (doh) it was originally an egg credit card which husband converted to a loan ....

maxdp

donotpassgo wrote: »

Not sure if it was a single premium policy (doh) it was originally an egg credit card which husband converted to a loan ....

Were you claiming back the PPI on the credit card and/or loan Donotpassgo or PPI on both?

donotpassgo_2

When I first started the reclaim I said to egg that we had converted from cc to loan and asked them to look at cc and loan, however when they settled it is only for the loan. I have since written to them about the cc part asking them to look into this I havent had a response so I have put a complaint into the FOS.

maxdp

donotpassgo wrote: »

When I first started the reclaim I said to egg that we had converted from cc to loan and asked them to look at cc and loan, however when they settled it is only for the loan. I have since written to them about the cc part asking them to look into this I havent had a response so I have put a complaint into the FOS.

Well they should have refinanced the Loan. I would ask them donotpassgo.

Seeing as you have transferred the CC amount onto the loan perhaps the FOS will look into this as a successive loan. If you had paid off the PPI plus the minimum amount on the loan say 35.00 CC plus 15.00 PPI. If you had paid that 50.00 off the CC total and did not have to contribute to PPI then when you took the loan out you would not have had to take out such a large loan. Do you see what I mean. If you look on my Sticky "How FOS calculate rebate" there is a thing on there about successive loans. I would ask FOS to consider whether it is worth doing.

Although saying that some of the staff there do not know anything about them even though they have produced an information sheet about it.:rotfl: