We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bank fees

Options
Hi peeps just a quiky i borrowed money from the nat west back in 1989 i still have the loan agreement where they have taken £275 on top of the loan can i claim that money back with interest ty

Comments

  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    Why have they taken £275 more?

    What have you done in the last 21 years regarding this debt? You'll probably find that if you've done nothing then the debt is statute barred ... but the answer you give to my first question may alter that.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • hi yes yes i appreciate 21 years is pretty longgggggg we only found out about the ppi`s only 2 years ago thx to martin :money: anyways it was arrangement/and security fees there was no ppi`s then ty
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    Arrangement fees are just that ... fees you agreed to pay for arranging the loan. They are not refundable afaik, especially where you were provided with the loan they relate to.

    You'll need to explain what you mean by 'security fees' if it's not PPI.
    The sub-forum that deals with reclaiming PPI and other insurance is here:
    http://forums.moneysavingexpert.com/forumdisplay.php?f=169
    So if it's some kind of insurance, I would suggest you'd be better off asking there about that part. :)
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.