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T O P I C R E V I E W
baxi
Posted - 14 January 2009 : 16:47:04 I took out a loan for £8,000 last year with northern rock. I was checking my credit report and the balance was over 11k! Unlike any other loan i've ever had, they show the amount borrowed plus interest in the balance. I should've noticed this when i signed the papers, i feel it's very unfair as anyone viewing my credit file sees this balance which if i payed the loan off early would not be the amount listed.
Anyone else had a similar thing?
3 L A T E S T R E P L I E S (Newest First)
Jane.l
Posted - 14 January 2009 : 17:40:20 I did not pay anything towards the CCJ, I just laid low and then went bankrupt soon afterwards
Reviva UK
Posted - 14 January 2009 : 17:35:43 Sounds like a bargain
I guess they are under some huge pressure to repay the goverment the money they borrowed.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
Posted - 14 January 2009 : 17:26:15 I had a £20,000 loan with NR once I had defaulted, they immediately demanded £30,000 for the interest too and then they went straight for a CCJ for a forthwith judgement of £30,500!!!
