Welcome Finance **WON**

[steven4064]

I understand where you are coming from mcfadwmc. the problem is that the County Courts set no precedents - therefore each case has to be judged by itself. Also, there is the additional problem that different courts being presented with essentially the same information may come to different conclusions.

[alp]

I have had dealings with welcome & mr orill last year..my complaint dealt with fraudulent addition of ppi when i left the office, (£900,000 added transaction on my account and pages of additions and deductions leaving account£82,000 in credit, 2 new accounts opened without my knowledge and also these disbursal fees... It was agreed that my debt of £2500 was written off and also £265 costs were given and the matter would be closed.

guess what in nov07 they sold it to hfo (hard hitting dca). so breached our agreement of may. I spoke to mr orrible and he said it was in error and slammed the phone down.

In retaliation i have recalled all my payments in the form of all the direct debit payments they had through the debit indemnity promise and so now i have got back every penny i have ever paid them. I am also going to mount a case to the fos for compensation for the distress and inconvinience they have caused me. I went to the police when i got my dsar and discovered their fraud as their internal notes confirmed they knew what their staff were doing. this company is corrupt through and through...If you are reading this mr orill ..IT AINT OVER MATE!!!

[steven4064]

Hi alp

When you start your case with the FOS perhaps ssuggest that Welcome "are not fit and proper persons to hold a consumer credit license". Copy your letter to the OFT (since they actually issue consumer credit licenses)

(in fact, perhaps everyone should do this)

[danny_kiernan]

Should I do that too? I have my official FOS complaint form to fill in

Threats, Intimidation and flagrant breaches of the law seem to be Unwelcomes style

[steven4064]

Danny

Why not. The more people that make the suggestion (with good reason) the more likely that someone in FOS/OFT will take notice.

[sweetie123]

Hi everyone! Not too sure where to post this message as i am new but if anyone can point me in the right direction i would be very grateful.

I have applied for a loan with Welcome finance but after reading some of the posts i feel very uneasy about it now.
They have sent their final pack to me and my partner to fill in and send off all the documents but i don't want to fill in the section about them contacting my employer.
If i leave this blank can the loan still go ahead? I work with all females and they can be very bitchy and nosey and i don't want anyone knowing about my private finances.
If i send in my payslip will that be enough? My partner has no problems with putting his employer details down.
Also its a secured loan of £10,000 on our house but we only want the loan for six months and then pay it off in full after 6 months - what are their early repayment penalties like?

many many thanks xxxxxxx

[maybelline]

Originally Posted by steven4064

Hi alp

When you start your case with the FOS perhaps ssuggest that Welcome "are not fit and proper persons to hold a consumer credit license". Copy your letter to the OFT (since they actually issue consumer credit licenses)

(in fact, perhaps everyone should do this)

yes, not sure if I did this already, I will have to dig out my notes, files, etc, but had something back about the PPI being non returnable because it was too many years ago,(seemed wrong to me), besides my complaint is about the overall behaviour of this company, the fees, added without my knowledge.

does anyone know exactly what disbursal fees are?

[steven4064]

Originally Posted by maybelline

does anyone know exactly what disbursal fees are?

I think it's Welcome's name for arrangement fees. also known as money for nothing or undeserved profit.

[steven4064]

Originally Posted by sweetie123

Hi everyone! Not too sure where to post this message as i am new but if anyone can point me in the right direction i would be very grateful.

I have applied for a loan with Welcome finance but after reading some of the posts i feel very uneasy about it now.
They have sent their final pack to me and my partner to fill in and send off all the documents but i don't want to fill in the section about them contacting my employer.
If i leave this blank can the loan still go ahead? I work with all females and they can be very bitchy and nosey and i don't want anyone knowing about my private finances.
If i send in my payslip will that be enough? My partner has no problems with putting his employer details down.
Also its a secured loan of £10,000 on our house but we only want the loan for six months and then pay it off in full after 6 months - what are their early repayment penalties like?

many many thanks xxxxxxx

Hi sweetie123 and welcome to CAG.

It's completely up to you as we cannot give advice about loans.

Personally, though, from what I have read here, I would only borrow from Welcome if there was absolutely no other choice (although I am not trying to influence you in any way). By no other choice I mean matter-of-life-and-death.

You will have to ask them about early repayment penalties. Ask them about PPI, late payment charges, etc whilst you are at it.

[pebs]

Originally Posted by sweetie123

Hi everyone! Not too sure where to post this message as i am new but if anyone can point me in the right direction i would be very grateful.

I have applied for a loan with Welcome finance but after reading some of the posts i feel very uneasy about it now.
They have sent their final pack to me and my partner to fill in and send off all the documents but i don't want to fill in the section about them contacting my employer.
If i leave this blank can the loan still go ahead? I work with all females and they can be very bitchy and nosey and i don't want anyone knowing about my private finances.
If i send in my payslip will that be enough? My partner has no problems with putting his employer details down.
Also its a secured loan of £10,000 on our house but we only want the loan for six months and then pay it off in full after 6 months - what are their early repayment penalties like?

many many thanks xxxxxxx

I would not borrow of this company again if my life depended on it, cant wait to get rid of them!!

[maybelline]

swetie123, you could probably send them a toilet roll and they would sign you up! they want your house! (sorry) I feel that strongly about them!

[postggj]

just received judgement tday

[Brassed off]

Nice one postggj

Make sure you keep that letter safe or better still, frame it