We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

PPI claim via NRAM

kevsoph
kevsoph Posts: 3 Newbie
Eighth Anniversary Combo Breaker First Post
in Reclaim PPI & other insurance
Hi,

I recently received a letter from NRAM (Northern Rock Asset Mangement) regarding a loan i took out some time ago.
They said i was entitled to claim my PPI back.
I completed the form and sent it back.
I have now received a letter saying i am entitled to a sum of money.
Can anyone tell me if all this is a legitimate thing or is someone trying to con me?

Thanks

Comments

  • daveyadams
    daveyadams Posts: 43 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    The banks are meant to be pro-actively finding customers that may have had PPI mis-sold and several people have had this letter.

    See here:
    https://forums.moneysavingexpert.com/discussion/3592199
  • dunstonh
    dunstonh Posts: 121,283 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No. NRAM are being pro-active (probably using taxpayers money to pump money into the economy).

    So it is valid.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • daveyadams
    daveyadams Posts: 43 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    dunstonh wrote: »
    No. NRAM are being pro-active (probably using taxpayers money to pump money into the economy).

    So it is valid.

    I did say "Meant" to be. :D
  • dunstonh
    dunstonh Posts: 121,283 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    we posted at identical times. Yours wasnt on show when I made my response. So, my no is in relation to post #1 i.e. not a con
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.
Update Your Picture