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Go Back   The Consumer Forums > The Consumer Forums
The Bank Action Group - against unlawful bank charges
> Other Institutions

Other Institutions Been subject of excessive unfair bank charges by some other company? Banks, Building Societies, other companies? Discuss getting your unfair charges refunded here


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Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund. You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.

Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it.
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Old 16th December 2006, 17:29   1 links from elsewhere to this Post. Click to view. #1 (permalink)
ehstevie
Basic Account Customer
Default V's Welcome Finance

Hi All,

I got my statement back from welcome today and would like a bit advice please:

I know I can claim back for DD fees and ERC which actually is stated on the statement as a penalty, but, there is a disbursal fee of £1005.00 when I took out the loan (£7000), there was also medicare insurance of £500 that I wasn't aware of.

Breakdown:
Disbursal fee: £1005
Insurance Premiums Advanced: £500
Penalty Fee: £301.98 (Does not state what this is for, but it was applied when the loan was paid of early, so i assume it's ERC)

I wasn't aware of the Disbursal Fee ot the Insurance Premium when I took on the loan, can claim these back and what is a disbursal fee for?

Thanks
__________________
RBoS£570): *** WON *** £570 settled in full - HERE
Lloyds TSB: ** WON **
Abbey: S.A.R - sent 02/10/06, 14/11/06 statements rec'd & partial offer (30%), declined, LBA sent 26/11/06
Studio Catalogue: S.A.R - sent 02/10/06, Prelim sent 21/11/06, won £94.95 refunded.
Capital 1: S.A.R 02/10/06, off’d diff between £20 and £12, declined 21/11/06
A&L: S.A.R -02/10/06, prelim sent 21/11/06, rejected, LBA sent 26/11/06.
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Old 17th December 2006, 08:05   #2 (permalink)
ehstevie
Basic Account Customer
Default Re: V's Welcome Finance

bump

anyone help please
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Old 17th December 2006, 22:45   #3 (permalink)
nathal
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Default Re: V's Welcome Finance

did you receive all the relevant documentation from welcome.
their computer printout of account and a page entitled consumer credit act 1974 settlement.
disbursal is set up fee
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Old 18th December 2006, 23:41   #4 (permalink)
Grapes
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Default Re: V's Welcome Finance

If its any help, our disbursal fee consisted of an "acceptance fee" and "mortgage indemnity", neither of which seemed to occur!
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