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I have a lot of debts 
most of them just a few hundred pounds each but the biggest is my Northern Rock loan current balance £3771.94
It was taken out on Dec 2000 for consolidation, which of course as we all now realise just doesn't work
I made full payments until March 2002 when I became unemployed
In August 02 I started making reduced payments as I found a part time job. These were for various amounts but were regular payments until June 08 when i was made redundant
The loan was originally for £5000, now at £3771.94.
I requested the CCA on 26/10/10 as I was thinking about PPI reclaim and was unsure if I had been sold this. I had and on the CCA the PPI is listed in the same terms as the loan which having had a read on this forum I now think makes the CCA unenforceable. I'm waiting to hear back from Niddy now.
The debt has been with Mackenzie Hall, Eversheds, AIC and now back at Mackenzie Hall.
All details are correct and I had thought it was enforceable, but now I see that if the PPI is listed as part of the loan it is not enforceable. Am I reading that correctly? Mine says:
Loan £XXXX
PPI £XXXX
Amount of credit = Loan + PPI
Total charge for credit £XXXX.XX
Total amount payable £XXXX.XX
APR 9.41%
The total amount payable is payable by 60 monthly installments of £XXX.XX
So, what do I do now? I believe this is unenforceable and also I was missold the PPI which I was going to claim back, should I bother? Is there a letter I should send stating that the CCA is unenforceable?
most of them just a few hundred pounds each but the biggest is my Northern Rock loan current balance £3771.94It was taken out on Dec 2000 for consolidation, which of course as we all now realise just doesn't work
I made full payments until March 2002 when I became unemployed
In August 02 I started making reduced payments as I found a part time job. These were for various amounts but were regular payments until June 08 when i was made redundant
The loan was originally for £5000, now at £3771.94.
I requested the CCA on 26/10/10 as I was thinking about PPI reclaim and was unsure if I had been sold this. I had and on the CCA the PPI is listed in the same terms as the loan which having had a read on this forum I now think makes the CCA unenforceable. I'm waiting to hear back from Niddy now.
The debt has been with Mackenzie Hall, Eversheds, AIC and now back at Mackenzie Hall.
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I have received a copy of the CCA for my NR loan from Dec 2000.All details are correct and I had thought it was enforceable, but now I see that if the PPI is listed as part of the loan it is not enforceable. Am I reading that correctly? Mine says:
Loan £XXXX
PPI £XXXX
Amount of credit = Loan + PPI
Total charge for credit £XXXX.XX
Total amount payable £XXXX.XX
APR 9.41%
The total amount payable is payable by 60 monthly installments of £XXX.XX
So, what do I do now? I believe this is unenforceable and also I was missold the PPI which I was going to claim back, should I bother? Is there a letter I should send stating that the CCA is unenforceable?
gh
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