Thread: Wellconned Finance. PPI - HELP

Originally Posted by wellcomecon

Hi All

I was hoping if any of fantastic people could give me advice.

I took a loan from welcome finance around 2003 for the sum of £2000 with PPI.

Payments went through direct debit and on time. -Then in May 2006 I foolishly decided to top up my loan again for the sum of £2000 for 3 Years with ppi.

Ive now realised that I was forced to take out ppi or the loan will not have been offered.

I have contacted WF and have asked them to cancel my PPI - which they have stated that they are in the process and will recieve notification and a new payment figure will be released. ( I have no problem with that)

The 64 million dollar question is can I claim back payments I have previously made to the initial loan and then the top up loan for which I have been making payments to for a year. If so ? how would I go about doing that.

Hello and welcome to the forum,

First things first, do not under any circumstances sign up a new agreement. read this link.

Reclaiming back your mis-sold ppi is the same process as the bank charge.

1. get your info, send a full Subject access request cost £10


your address

their address

date

DATA PROTECTION ACT 1998
Subject access request


Dear Sir/Madam
Namexxx
Account No’s xxxxxxxx

I understand that you currently hold details of my personal and financial information within your internal record systems with regard to personal loan accounts
Please supply me with a complete list of transaction and charges relating to my history with your organization, INCLUDING Loans, payment protection insurance and other products. Alternatively a complete set of statements for the accounts or associated accounts is acceptable. I would be grateful if you would provide the following for ALL accounts or associated accounts I have held with your organization:
-Full copies of all contracts which you believe exist or have existed between myself and your organization, including true copies of any documents you hold in support of the same.
- A complete list of all transactions or statements relating to ALL of my Loan Accounts with your organization.
-Copies of all documents which include any of my personal information including copies of any contacts or invoices, emails or computer records containing my personal information, or any records which pertain to this information.
-Full copies or transcripts of any correspondence in postal, email or any other format which you have entered into with any individual, organization or third party which contains my personal or financial, or which pertains to me.
- Where any previous information or records held have been deleted or disposed of, the methods used to do so, including dates, certificates or references confirming details of destruction. Where you are unable to provide such certificates, please provide a declaration, signed by an authorised officer of your company, confirming the dates and methods of destruction of this data.
-Full hard copy print outs of my personal or financial information, held in a digital, magnetic or any other format which is held in any archives, backups or other storage devices / locations.
I enclose a cheque in the sum of £10 to cover your fee.
IF YOU UNABLE TO DEAL WITH THIS REQUEST, YOU SHOULD IMMEDIALTELY FORWARD IT TO THE PERSON WITHIN YOUR ORGANISATION RESPONSIBLE FOR DATA PROCECTION.
I look forward to hearing from you in the first instance of receipt.
Yours faithfully



Once your get the info

Send a prelim letter asking for it back
wait 14days send your letter before action if no or not good responce issue a county court claim. or contact the fos if loan taken out after 2004.
Read around the threads and get lots of info. If you get stuck just shout