Loan legal action threat in Historic Bank Claims Posted May 25, 2006 Moved from General I have a loan with Northern Rock, which has not been in arrears until this month - a couple of times they have had the payment on the second attempt, but this month there's not enough to cover it. The reason for this is the £4,500 in charges on our accounts that I am awaiting to get back. I had a call from NR this morning asking when I would be able to pay the arrears (14 days overdue today) and I explained the situation. The guy told me that I had been in arrears for a while now and the next step was legal action! I asked him to confirm the date of the missing payment to make sure there wasn't one from a couple of months back that I'd missed, but it was definitely the May payment he was talking about. Can they make threats this quickly with an otherwise unblemished payment history, and for just 14 days overdue?