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NRAM Full and Final on Personal Loan


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Hi all,

 

I wonder if you can help?

 

I have a personal loan with NRAM, was £20K but on a DMP and it now has £13K left. Paying £180 per month.

 

Received a letter this morning saying that on the 28th, the debt will move across to some company called Marlin s thought I would call NRAM and see if they will accept a F&F of around £3K.

 

They stated that even if accepted, it will show as partially cleared on my credit rating.... this worries me as I assume it will stay like tat for ever and also, I guess they can sell the remaining debt to someone like Marlin.

 

Can I push for a F&F and request this is "closed"?

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No unlawful charges and no, not asked for a credit agreement. To be honest, it's valid - I took out the loan but if it gets passed to Marlin I will dig my heels in and ask for the credit agreement

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