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About ruthb1

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  1. hi, I Would really appreciate some help in a very difficult situation. A little bit of background first. we Have a NRAM mortgage with was originally on repayment which was took out on 2005, subsequently we borrowed and borrowed in the height of borrowing and our mortgage as of today is 167,000. one of the loans which we thought was to run to the term of the mortgage apparently has matured in December 2016 and they want £11000 now. In 2006 my partner suffered 2 heart attacks within 4 months of each other and subsequently went to half pay and we started to fall into arrears on other bills so I contacted nram and switched to interest only. finally as we thought we were getting somewhere the financial crisis hit us in 2008 and NRAM eventually were owned by the government and not regulated and so we plodded on by which time arrears on other debts were mounting upon me as I tried to take control as I didn't want my partner to suffer any more stress due to his heart but eventually I went into meltdown and suffered a breakdown . it took me a few years to get back on my feet and then I was made redundant in 2011 .Nram however were always paid. in 2013 my partner was diagnosed bowel cancer and again went to half pay. In 2015 I was diagnosed with PTSD And GAD (generalised anxiety disorder. so the top and bottom of all this is we have been contacted by NRAM as £11,000 is now due. because of problems in the past and me burying my head in the sand I have ended up with CCJs 2 have been settled one for £1000 and another for £8000 but I have another which I need to pay. my partner has a good job and I work part time, he is involved with a credit union through his work and he applied for a loan with them of £10,000 to clear the debt as he has £1700 in savings with them which they declined. Nram are saying that they want the full amount an no negotiation, sell or re-possession and they cant extend mortgage as not regulated credit union today have advised that just by making an offer they have to accept? they said that a law was implemented a few years ago that they have to accept this but I cannot find this anywhere. I need to find this information out ASAP any help please thanks
  2. me again sorry to sound thick, i dont really understand what this means could someone explain to me
  3. as far as i was aware we didnt default as we did a vt on the vehicle we bought, only approx 1 year later did we get a letter from a debt collector stating that we owed money to them for something we had given back, so just to get them off our backs we agreed a settlement figure, only the letter they sent to us this shows as full and final settlement. on the credit file though this is a very different story. on the scoring part this was hightlighted red brackets and started in 2004 and showing as a default. so basically what you are saying, now that they have cleared it and this is showing as settled the default will remain. I have looked on the credit file and everthing is now green and showing as settled. just a bit confused now sorry to sound thick, would you know how i go about starting this process of claiming from them for damaging my credit file
  4. I have now decided to take the matter further, welcome finance defaulted me on my credit file for something that should never have been there. this have been on my credit file since 2004, i contacted welcome finance and they have agreed to take this off and i have since checked with experian and the default has been removed and is now showing as settled. this has caused me unneccesary stress over the past six years, as having had this on my credit file has deterred me from obtaining credit. I have decided to have a go at taking them to court under data protection, just need to get my head around it all first, if anyone has ever done this or had any success i would like any tips available. thanks ruth
  5. Thanks for this, I will have a look at the information commissioners website, just a bit unsure if i would have to write to welcome finance first and try and negotiate this or do i start with legal proceedings
  6. hi, I need a little bit of advice. I have got another thread regarding welcome finance and ppi missellling going at the moment but I have another issue with a default that was put on my credit file with them also. we bought a car from welcome in 2001, long tale cut short, we did a vt , and in 2004 we started getting demanding letters from a debt collection agency stating that we owed over £400 ( this was for the ppi that I didnt know that I had) we told them that we VT'd the car but apparently we still owed this insurance money, (couldn't understand but eventually we paid them a settlement figure of £250 we received a letter from roxburgh acting on behalf of welcome finance stating full and final settlement. thought no more of it until a few weeks ago when we looked at the credit file, this was back in 2004 and it was still showing late payments and default recorded. we contacted welcome finance and after a lot of negotiating that stated that the default would be removed. we looked at the credit file the other day and it has been removed no default showing showing settled. what I want to know is, this has really damaged the credit score over the past however many years and as a result we have been struggling to get good credit. can i take welcome finance to court for damaging my credit file when really this shouldn't have shown as a default in the first place. I am appalled at the way this has been dealt with and I really want to take further action against them but haven't got a clue as to how I would go about it, any comment, advice would be great. thanks ruth
  7. thanks for your reply. I have contacted the FSA and they are off the opinion that i would have to get in touch with the brocker/underwriter of welcome finance who issued the ppi as they havent got a claim for welcome before 2003. do you still think this is worth the effort, dont really know where to go now. this letter is really getting my back up though.
  8. Hi I just need a little advice, here is the story very shortened version. I took out a car loan in 2001 with welcome finance, In 2003 i voluntarily handed the car back on a voluntary termination as payments were awful and i knew i could get a better deal somewhere else. I took out ppi, and in 2004 they wrote to us stating that the insurance part of the agrreement had to be paid even though we had handed the car back. In 2004 we paid a debt collection agency a settlement figure and received a letter stating full and final settlement. we have just found out that this is still showing on my credit file as a default but i think i have now sorted this. In the meantime i also wrote to them re: missold PPI, I Know that this was over six years ago, but I thought it was worth a shot. I have received a response from them today:- here goes. 1) your client entered into a loan agreement on 07/11/2001 with the agreement being settled 09/07/2007 (wrong) - does this mean 2007 I am still able to claim ppi misselling 2) we would have sent you a policy schedule and wording in which i would have 30 days in which to cancel the ppi which should have given me the opportunity to read through the policy information which covered any cancellation rights. ( I never received a policy that I can remember) 3) I have alleged misselling may have occured- this would involve the sale of a policy that was not relevant to the personor on whicxh they were unable to claim, our records show that you have paid for and enjoyed the benefits of the purchased insurance for the term of its respective existence ( Wrong becuase i voluntarily terminated the agreement and was still paying for the insurance in 2004) 4) i would like to point out that my loan agreement pre-dates the regulation of our business by the fsa and therefore the principles i seek to rely are not applicaple ( Am I out of time or are they just trying to put me off) 5) I do not beleive you would be able to refer my complaint to the courts to begin legal proceedings in view of the length of time that has elapsed since my ppi was cancelled ( but it was still active in 2004 and to there records settled in 2007 so why cant i claim) 6) should i decide to refer my complaint to the FSA we would request my claim be dismissed on the grounds that it has no reasonable prospect of success ( can they say this) any help would be great as I am wondering wether i should persue this any further. thanks ruth
  9. hi, would you do mine for me, nothing particular just curious thats all thanks ruth
  10. did you actually have to go to court for the past offences? could it have been that you were just fined? another way of finding out if you have got driving convictions, is go to a local police station ask to speak to a data protection officer and ask for subject access to your record, this should show all convictions that have been to court. but not all driving convictions show its worth a go though, just bear in mind that they normally charge between £10 - £12 for this. hope this helps
  11. hi there, when you get points on your licence, dont you have to send your license off to DVLA for endorsement? why dont you phone up DVLA and find out how many points are on your License, thats what i would be doing i think first. Sorry its not much help i know but at least then you would know where you stand. ruth
  12. thanks for all your replies, you have really helped me out. tax credits and chb have already been used but at least i have paid all the bills this month thats once consilation. all i can say is i wont be using halifax anymore one other question being really thick here, with the new account with the alliance and leicester would you take an overdraft if they offer it? thanks again ruth
  13. thats right gizmo, and i get paid the 30th but how do we live until the 30th that would just about pay the mortgage , i would have to keep the £600 and then put all my wages on the 30th to pay the mortgage. hubby gets paid on the 7th Dec. the mortgage was paid end of october hope this helps ruth i have just paid all other bills this moth i have had the phone bill in the electric and gas i i got rid of those on dd due to charges i didnt want many dd in the bank due to the 4 weekly pay
  14. forgot to mention, halifax have also now taken away my overfraft just because i claimed from them and got my charges back they are now being arsy with me
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