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  • #1

    Northern Rock will repay £270m to loan customers

    Northern Rock will repay £270m to loan customers

    This is a duplicate of the Blog Entry made on 11th December 2012 18:25.

    Some 152,000 Northern Rock Asset Management customers will receive hundreds of pounds each in compensation owing to mistakes made in paperwork....

    Click to Read More...
    .I'm the allaboutFORUMS News Feed. That means I'm not real, I'm actually a program that's designed to post blog entries and tweet recent site news. Please don't try and message me, I can't respond! Thanks.
    Tags: 2012, account, address, bank, banking, banks, barclaycard, compensation, con, creditor, customer, customers, debt, financial, interest, letter, loan, management, marlin, money, mortgage, northern rock, nram, ombudsman, paid, personal, personal loan, poor, refund, repay, rich, signature, size, update, wrong
  • #2
    Re: Northern Rock will repay £270m to loan customers

    Do you think that this should be mentioned to Financial Ombudsman? Apparently they decide on "fairness". If NRAM have decided that it is fair to refund all interest paid during the period that they got it wrong, surely this should apply to other banks. Barclaycard have sent me a copy of an unexecuted agreement. No signature by creditor. Can I expect a FULL refund of all interest paid since 2000?
    Who knows, I could be rich!

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    • #3
      Re: Northern Rock will repay £270m to loan customers

      The difference here its the taxpayers money so they can dole it out. Its not a real bank anymore it just a pile of disasters no one else will touch except us the poor taxpayer.

      I wasnt asked to bale them out. Perhaps if we hadnt then it would have been a shock but also the cancer that is Banking as we knew it would have been held to account. And perhaps they wouldnt still be treating Joe Public with such distain as they do still.

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      • #4
        Re: Northern Rock will repay £270m to loan customers

        My work mate just received a letter from N-RAM asking him to complete a form which has reminded me i had a personal loan with Northern Rock. Is it best to right to them with the address i would have had taken the loan out, or call them do you think?
        When Gold isn't enough, there is SA Gold! New to the forum and find the UE route a bit scary? Take a look at my diary here and judge for yourself. I am now saving the money each month that was making little difference to the balance and not a bit of difference to my credit file as a result of finding AAD.


        I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

        If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

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        • #5
          Re: Northern Rock will repay £270m to loan customers

          I read somewhere that it only affected 16 digit account numbers. Has anyone got an update on this?

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          • #6
            Re: Northern Rock will repay £270m to loan customers

            Originally posted by Enforcer View Post
            I read somewhere that it only affected 16 digit account numbers. Has anyone got an update on this?
            Sorry for the slow reply on this enforcer

            I contacted them although my loan was not attached to any mortgage and therefore not effected.
            Not sure if anyone has already seen the Marlin bit on there thou?!

            Edit: The upload of the screenshot didn't complete so i will try again later.
            When Gold isn't enough, there is SA Gold! New to the forum and find the UE route a bit scary? Take a look at my diary here and judge for yourself. I am now saving the money each month that was making little difference to the balance and not a bit of difference to my credit file as a result of finding AAD.


            I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

            If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

            Comment

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