Marlin: Northern Rock personal loan

[GlennBaker]

Re: Marlin: Northern Rock personal loan

Any advice for what action (if any) to take?

[SaltnVinegar]

Re: Marlin: Northern Rock personal loan

Hi Niddy, Letter received today from Mortimer Clarke Solicitors (same address as Marlin):

I've seen some nasty threat-o-grams in my time, but to mention that some employers use credit checks and employment prospects could be affected is sinking to a new low even for this lot.

[GlennBaker]

Re: Marlin: Northern Rock personal loan

Hi Niddy,

Letter received today from Mortimer Clarke Solicitors (same address as Marlin):



Any advice?

Thankyou.

[Never-In-Doubt]

Re: Marlin: Northern Rock personal loan

Ok can you please clarify how much they're claiming is owed?

£1160.40

How much could you realistically afford to offer to settle?

£300

Ok knowing Marlin it's unlikely they'll accept a £300 F&F offer as they normally look to achieve 80% of target debt via offers so £300 is likely to be rejected. For now, and due to my delay (sorry) don't do anything but keep us informed of any further letters they send. It may mean paying £1pm for the next 1000 years but let's see what we can do in due course.

For now i'd not overly worry - keep me updated though please.

Again I'm sorry for the delay.

[Enforcer]

Re: Marlin: Northern Rock personal loan

I am paying £157 a month, now transferred to another financial institution. This is enforceable as I extended term of payment around 4 years ago. New agreement.

[SaltnVinegar]

Re: Marlin: Northern Rock personal loan

Oh right - thanks, I didn't see Enforcer wrote that post - random

Ill sort Glen a letter to send Marlin, tomorrow. See if it helps......

I wasn't sure if Enforcer meant that they were paying NR £157/month, or whether thats what Glennbaker could pay for 12 months and then they'd be rid.

I got very confused

[Never-In-Doubt]

Re: Marlin: Northern Rock personal loan

I thought it was Enforcer paying £157/month and GlennBaker paying £1/month

Oh right - thanks, I didn't see Enforcer wrote that post - random

Ill sort Glen a letter to send Marlin, tomorrow. See if it helps......

[SaltnVinegar]

Re: Marlin: Northern Rock personal loan

Northern Rock are the only creditor that I am paying, I know that the paperwork is in order. Another 12 months @ £157 a month then they are out of the way. Try blagging it if you like.

To be honest you might be best stopping payments so we can haggle a F&F settlement. Whilst you're paying £157pm they'll never take a £300 F&F.

I thought it was Enforcer paying £157/month and GlennBaker paying £1/month

[Never-In-Doubt]

Re: Marlin: Northern Rock personal loan

To be honest you might be best stopping payments so we can haggle a F&F settlement. Whilst you're paying £157pm they'll never take a £300 F&F.

[GlennBaker]

Re: Marlin: Northern Rock personal loan

Any guidance Niddy? Thanks.

[GlennBaker]

Re: Marlin: Northern Rock personal loan

It is with Marlin.

Thanks Niddy.

[Never-In-Doubt]

Re: Marlin: Northern Rock personal loan

Is it still NR you're dealing with or is it Marlin / another dca?

[GlennBaker]

Re: Marlin: Northern Rock personal loan

£300

[Never-In-Doubt]

Re: Marlin: Northern Rock personal loan

How much could you realistically afford to offer to settle?

[GlennBaker]

Re: Marlin: Northern Rock personal loan

£1160.40