Natwest loan

[paddy44]

anybody tell me if this credit agreement is enforceable

[TUTTSI]

Re: Natwest loan

anybody tell me if this credit agreement is enforceable

Hi Paddy

I have just noticed that this post was unanswered and will find someone that can help you.

Tuttsi

[Amethyst]

Re: Natwest loan

Hi Paddy

Looks enforceable to me...have a little query about the interest on the insurance being included in the total charge for credit so will double check and get back to you, but I believe thats ok.

Your original seems to match the copy too, on the first page, but the second doesn't (page 4 and 8 of PDF), which is okay so long as the terms are the same.

I will ask someone else to cast their eye anyways.


Loan runs till end of 2015 and you have no arrears. Re the letter the loan insurance was effectively cancelled and repaid to you after your miselling claim. Have they/you adjusted monthly payments or term of loan to account for the lower figure ?

[Curlyben]

Re: Natwest loan

Could we have some more background to this, because as it stands it is NOT covered by CCA 74 as the limit is 25K and this is for 29K !!

[Amethyst]

Re: Natwest loan

actual loan is 22k insurance takes it to 29k

[Curlyben]

Re: Natwest loan

Ta much Ame.
I def need more coffee then

[paddy44]

Re: Natwest loan

Hi Paddy

Looks enforceable to me...have a little query about the interest on the insurance being included in the total charge for credit so will double check and get back to you, but I believe thats ok.

Your original seems to match the copy too, on the first page, but the second doesn't (page 4 and 8 of PDF), which is okay so long as the terms are the same.

I will ask someone else to cast their eye anyways.


Loan runs till end of 2015 and you have no arrears. Re the letter the loan insurance was effectively cancelled and repaid to you after your miselling claim. Have they/you adjusted monthly payments or term of loan to account for the lower figure ?

Hi thanks for your help, yes the loan was ajusted down.

[natweststaffmember]

Re: Natwest loan

Is the payment now the same as if you had never had the PPI, ie if the loan without PPI is £200 the payment now should be £200.
Make sense?

[paddy44]

Re: Natwest loan

HI

No the payment has dropped by about £100