NRAM refunding again on loans under £25000

DCFC79

croyland87 wrote: »

Hi have read on hear that many people have had money refunded to them already. I took out a mortgage with Northern Rock in 2006 £172000 was a mortgage and £8000 unsecured loan come together mortgage. Phoned NRAM today to make a inquiry about whats happening and was told that we are still looking into it. Which I fined very strange because some people have been paid already. Thank you

Maybe you just need to wait.

stator

Irresponsible borrowing has never been so profitable

Geedawg1437

I'm trying to read the forums and get some idea if I have been affected or not. I took out a Northern Rock Together Mortgage (secured) in 2003 with a Together Unsecured Loan attached to it.......and redeemed them both in 2007 when we remortgaged to another lender. From what I gather the affected loans may only be from certain dates (after 2008 ???).....I have called Nram today and they advise me to submit a letter with all my details and they will investigate....not sure if they will just fob me off saying I'm not affected.....not sure how I can prove otherwise as I don't have any paperwork....any advice welcomed - thanks

MikeMouse

NRAM have confirmed that the second amount of address is genuine in my case and have credit my account with it.

They are for some reason unable to provide a statement showing both credits on it (but does show all other credits and debits) and I have been promised someone will call me tomorrow and tell me why. This bit totally baffles me!

AIFOP

I am unable to find reference in the Consumer Credit Act to confirm that an unsecured loan for home improvements is exempt. Can anyone help???

mcowan77

I have emailed them re home improvements.. Nothing in my loan agreement to state what the loan was for

InthePink

I took out a £20,000 personal loan with Northern Rock in 2004, which was redeemed 3 years later when I had to redeem my mortgage (with a different company). I've moved twice since then, so any communication would not have reached me. I can't work out whether this applies to me or not; I have no idea whether I had PPI with the loan, either. Is this two separate issues, and could I potentially claim on both grounds?

It's all very confusing!

AircraftHandler

Hi there been reading about Nram having to compensate numerous people who took out the together mortgage.

I took one out and borrowed £20024.92 on top of my mortgage so will i be in line for compensation?

I've done a bit of reading but believe its a loan needed over £25000?

Regards

pathtofreedom

http://www.n-ram.co.uk/loans/cca-loans

AIFOP

Just wondering if anyone can help with my previous query...


I am unable to find reference in the Consumer Credit Act to confirm that an unsecured loan for home improvements is exempt. Can anyone help???