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    • No Andy, I'll scan, redact and upload later today. So the court sent me 2 letters, same envelope and stapled together but with different dates!. 1. N24 General Form of Judgement or Order, stating: UPON considering the papers herein IT IS ORDERED THAT The claim is listed for an attended hearing 25 May....... at which court will consider allocation..  etc   2. N24 Notice of PTR/Adjnd/Restored/Hrg/Management conference TAKE NOTICE that the hearing will take place on 24 May at....... When you should attend 30 minutes has been allowed for the Hearing   No other instructions anywhere in the envelope or on the letters. Do I attend both?
    • Then leave it just proceed with the claim( strike out/SJ application are risky).....the defendant will not be permitted to rely on written evidence (documented) only verbally as they failed to comply with the N157 (unless they have filed with the court and failed to serve you a copy) ?  
    • Ive asked court to strike out for non compliance but they came back and said needs £275 application fee and formal n244  
    • Did the N24 invite either party to submit a statement ?
    • Thanks for responding Andy, that was my understanding when receiving the N24, mild panic when I got Link's WS for the date though! not sure why they would send me theirs..
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Welcome Finance/ Prime credit 5 secured loan early settlement query


saltpot2363
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Hi

Took out a Welcome Finance secured loan in November 2007 for £20k

I have no defaults, pay £386.53 a month.

 

 

My partner is about to be made redundant and was wondering about offering an early settlement figure.

This is now under Prime Credit 5 since the demise of Welcome Finance.

 

I know in my last statement in 2016 the remaining balance was £19719

it has been repaid in theory several times over with their extortionate charges.

 

Is it worth pursuing early settlement for this with partner being made redundant?

 

Thank you

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Wait so you have paid approx £46k over 10 years and you have only actually paid £281 off the actual loan amount ?

 

Would get a SAR sent off to get detailed statement etc to see if you can start reclaiming any unjust fees etc.

  • Haha 1
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you need to sar welcome finance

 

 

I wondered when another of the 38 people we know it happened too would come here

long read but

http://www.consumeractiongroup.co.uk/forum/showthread.php?467097-Welcome-secured-loans-charge-sold-to-Alpha-Prime-repo-received-bal-all-penalties-PPI-MIF-LIFE-PPI-or-IR-help

I think you'll find this a rather eye opener.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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hows this going I have some info for you but i'm not sure if you are still with us you've not replied

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Sorry been visiting daughter who was taken into hospital. I did however manage to read most of the thread and others ones to do with Welcome. I found a sar template on the site and sent that off yesterday so guess it's a waiting game now with them having 40 days to respond

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ah hello

I'll send you a PM 5 mins

 

 

dx site team

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

the answer is no cruz

 

 

await the sar

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

  • 2 months later...

I too have a situ whereby I have asked for an early settlement figure with WF.

 

I took out a secured loan back in 2007, I asked for a SAR approx 3 years ago and there seemed to be the odd 10 pound charge for calls and other spurious late payment charges but limited PPI - well maybe actually there was approx 6 months of PPI.

 

I took out a loan approx for 20k. I have been paying it for 10 years but lowered my monthly payments so that i was only oaying the interest.

 

Anyhow, I have just called for a settlement figure and they are stating it is circa 4 to 5k.

 

My loan was with Welcome and my charge on my house is still present.

 

I am now being asked to sign a form stating that i will not pursue them for PPI if I clear this debt.

 

Adice pls...thanks

 

Andy

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Might be best if you go update your own thread here

https://www.consumeractiongroup.co.uk/forum/showthread.php?156743-Welcome-Finance-Secured-loan-house

Then we won't hijack this users one..

 

Dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

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