I don't know why what I wrote came up this way! I deleted it! Anyway the Life Cover Benefit says: "Payable on death within the terms of the policy or when a claim for terminal illness benefit has been accepted by Natwest Life" I will go and read as you suggested. Thanx

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There you have it hopefully will be a window to see the big picture. agreement1.jpg picture by msafiri_2010 - Photobucket It has very small letters but its better when you save image, open and zoom.

Appreciate that! But I started to pay £1 by outstanding order (one payment done start 1st of every month) but the did ask me that we never set any payment arrangement. After exchanging of words and them insisting that they don't accept a £1 settlement the lady hanged up the phone before telling me that they are going to take further steps. So do you think is still worth it sending them a post order and see their reaction?

Thanx Means2anend The APR does not have fixed or variable written after it the only fixed word can be seen on the heading:Fixed - sum loan agreement regulated by CCA 1974 if this will have an impact. Otherwise I will follow your advise to write. Question is to whom I have to write?

Is there a breakdown of these charges in terms of their 'constituent elements ? There is no any break down regarding the Total Charges of £1.845 Does it include an arrangement or administrative or even a brokers' fee. No arrangements or broker fees which am aware of. Have they stated that a commission was paid to a broker for arranging this loan if this is the case. No statement about fees paid to the brokers. Is there a provision on the agreement for you to CHOOSE to purchase PPI,Is it TRULY OPTIONAL on a PROPER CONSTRUCTION of the agreement? The PPI: I was just told it’s compulsory to take otherwise I will not be given the loan. The loan advisor told me that I can take it and drop it after one month. IF NOT THEN YOU MAY HAVE BEEN MIS-SOLD THE POLICY AND THE WAY TO GO IS UNFAIR PRACTICE.LOOK INTO YOUR PERSONAL CIRCUMSTANCES AT TIME YOU TOOK OUT PPI.WAS IT THE SITUATION THAT YOU COULD NEVER HAVE BEEN PAID OUT ON THAT POLICY IF AND WHEN THE TIME AROSE IN THE FUTURE. My circumstance that time I was doing agency works with no future to have permanent post but they cook it up so that the loan will be easily accepted. IF SO IT IS AGAIN PROBABLE THAT IT WAS A USELESS POLICY.AND IF YOUR LOAN WAS CONDITIONAL UPON IT THEN THAT MAY BE WRITTEN OFF TOO.ALSO MAKE SURE THAT IF THE POLICY IS OPTIONAL( in the sense that you have taken it out with a different provider) IT IS NOT INCLUDED IN THE TOTAL CHARGE FOR CREDIT AS IT DOES NOT COME UNDER THE MAIN AGREEMENT. IT SHOULD NOT THEREFORE BE INCLUDED IN THE TOTAL CHARGE FOR CREDIT as it is NOT an ELEMENT OF THE COST OF THE LOAN but a separate premium.

Hi guys I very new in here! I took a loan from NW bank on the 3rd March 2007 with a one month protection and then cancelled it as I have told by the sales man that I can cancel it. I’ve been told that this can be unenforceable bank loan. Can anyone tell me if I can do something? What I have to do first This is the agreement I quote somehow exactly because I want to be 100% sure of what I understanding: Fixed Sum Loan Agreement regulated by the Consumer Credit Act 1974" KEY FINANTIAL INFO Amount & purpose of loan: £7500 Term: 60 Months Total amount payable: £9,345 Installment repayment: Repayments due monthly intervals from the date the loan was drawn but where you elected…… the repayment are follows: 60 repayments of £mount. Annual percentage: 9.4% OTHER FINANTIAL INFORMATION Total Charges: £1.845 Annual rate of interest: The amount of interest payable is calculated of the beginning of agreement is equivalent to a fixed rate of 9.02% over the term KEY INFORMATION Charges on default: (Explained) Right to Settle early: (Explained) NB No signature Thanks in advance

Thanks for the link given by Maroondevo52! But how come this can be true? I mean it seems to me that the Natwest had it right. This is the agreement I quote somehow exactly because I want to 100% sure of what I am understanding: KEY FINANTIAL INFO Amount & purpose of loan: £7500 Term: 60 Months Total amount payable: £9,345 Installment repayment: Repayments due monthly intervals from the date the loan was drawn but where you elected…… the repayment are follows: 60 repayments of £mount. Annual percentage: 9.4% OTHER FINANTIAL INFORMATION Total Charges: £1.845 Annual rate of interest: The amount of interest payable is calculated of the beginning of agreement is equivalent to a fixed rate of 9.02% over the term KEY INFORMATION Charges on default: (Explained) Right to Settle early: (Explained) NB No signature

Ok at last I found the agreement letter which dated 3rd March 2007, I found also the insurance policy cancellation letter to inform me about my cancellation dated 2nd April 2007; I have been told that I can cancel it after first payment. The agreement has the heading: Fixed:sum loan agreement regulated by Consumer Credit Act 1974 with 4 section of very small prints that include terms and condition. Any help I can get from this and where to start?

Very excited to find this group hopefully I may get rid of the loan I have. I took a loan (£7,500) from a bank in April 2007 and I have paid back some of the money. After reading and researching I found out I can easily ... (or may be not) get away from it. At moment I have received advise from CCCS over Dept Relief Order with all my financial difficulties. I have also card debt from CITI (Easyjet) of £2800 but this loan was taken in July 2007. Now here I am, asking for help on how to claim or seek a declaration from the court that my loan agreements are unenforceable. I want to deal with the issue by myself because I cant afford to have a solicitor as I depend on job seeker allowance and my wife working only 25 hours a week. Thanks in advance.

Very excited to find this group hopefully I may get rid of the loan I have. I took a loan (£7,500) from a bank in April 2007 and I have paid back some of the money. After reading and researching I found out I can easly ... or may be not get away from it. Now here I am, asking for help on how to claim or seek a declaration from the court that my loan agreements are unenforceable. I want to deal with the issue by myself because I cant afford to have a solicitor as I depend on job seeker allowance and my wife working only 25 hours a week. Thanks in advance.

Very excited to find this group hopefully I may get rid of the loan I have. I took a loan (£7,500) from a bank in April 2007 and I have paid back some of the money. After reading and researching I found out I can easly ... or may be not get away from it. Now here I am, asking for help on how to claim or seek a declaration from the court that my loan agreements are unenforceable. I want to deal with the issue by myself because I cant afford to have a solicitor as I depend on job seeker allowance and my wife working only 25 hours a week. Thanks in advance.