Wishful thinking? - or have they goofed??

hettiecarro

A question for you if anyone can help please.

At beginning of my thread on DFW's, you will see that I was actually feeling very guilty about letting Nationwide down. WELL - those days are gone. They are singlehandedly trying to drive me mad!!! :mad:

Anyway - here's the question (and probably a forlorn hope):D

I have a nationwide loan with a balance of just under £11k.
On the back of the agreement there are terms and conditions and paragraph 13 reads as follows: (please pay particular attention to bits in red)

'This Agreement takes effect only when it has been signed by both of us.
It is intended to be unsecured and shall not be affected by any existing or future security, except to the extent covered by clause 4 above.It will be withdrawn (without further notice) if you have not accepted it (by signing and returning it) within 30 days of the date on which it is signed on our behalf'. '

I signed and dated it on the 6/5/05 - BUT THEY HAVE SIGNED AND DATED IT 5TH MAY 2004.
Can I dispute the debt?

As I said it's probably a forlorn hope - but having now been harassed to the point of distraction - boy would I love to get one over on those B*******:o

Wutang_2

hettiecarro wrote: »

A question for you if anyone can help please.

At beginning of my thread on DFW's, you will see that I was actually feeling very guilty about letting Nationwide down. WELL - those days are gone. They are singlehandedly trying to drive me mad!!! :mad:

Anyway - here's the question (and probably a forlorn hope):D

I have a nationwide loan with a balance of just under £11k.
On the back of the agreement there are terms and conditions and paragraph 13 reads as follows: (please pay particular attention to bits in red)

'This Agreement takes effect only when it has been signed by both of us.
It is intended to be unsecured and shall not be affected by any existing or future security, except to the extent covered by clause 4 above.It will be withdrawn (without further notice) if you have not accepted it (by signing and returning it) within 30 days of the date on which it is signed on our behalf'. '

I signed and dated it on the 6/5/05 - BUT THEY HAVE SIGNED AND DATED IT 5TH MAY 2004.
Can I dispute the debt?

As I said it's probably a forlorn hope - but having now been harassed to the point of distraction - boy would I love to get one over on those B*******:o

You're on to something there....you can dispute the loan definitely (obviously you'll have to pay back what you owe them too).

hettiecarro

I'm probably a bit thick - but how does that work?

Rafter

Hettiecarro,

Sorry you are being messed around by Nationwide, but you have to remember that Nationwide is owned not by shareholders but by its own customers.

Morally if you borrowed the money in good faith, I think you should try and pay it back, otherwise your neighbours, friends and family will end up earning less interest on their savings or paying more for their future borrowing.

If you really cannot afford to pay back the loan, then you are fortunate to live in a country where you don't have to and where there are legal options, ultimately bankruptcy, to get your debts written off.

If you haven't already I would suggest you ask nationwide to make all communication in writing, and that you contact CCCS, national debtline or citizens advice about helping you to negotiate with your creditors.

Good luck

R.

hettiecarro

Hi Rafter - I know you're right. Just very angry with them at present.

I'm already on the road you suggested - CCCs & CAB.

I have a mental health advocate who is now looking at communicating on my behalf.

Sorry - just frightened, embarrassed and humiliated by this whole thing.:o