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    • Thank-you dx for your feedback. That is the reason I posted my opinion, because I am trying to learn more and this is one of the ways to learn, by posting my opinions and if I am incorrect then being advised of the reasons I am incorrect. I am not sure if you have educated me on the points in my post that would be incorrect. However, you are correct on one point, I shall refrain from posting on any other thread other than my own going forward and if you think my post here is unhelpful, misleading or in any other way inappropriate, then please do feel obliged to delete it but educate me on the reason why. To help my learning process, it would be helpful to know what I got wrong other than it goes against established advice considering the outcome of a recent court case on this topic that seemed to suggest it was dismissed due to an appeal not being made at the first stage. Thank-you.   EDIT:  Just to be clear, I am not intending to go against established advice by suggesting that appeals should ALWAYS be made, just my thoughts on the particular case of paying for parking and entering an incorrect VRN. Should this ever happen to me, I will make an appeal at the first stage to avoid any problems that may occur at a later stage. Although, any individual in a similar position should decide for themselves what they think is an appropriate course of action. Also, I continue to be grateful for any advice you give on my own particular case.  
    • you can have your humble opinion.... You are very new to all this private parking speculative invoice game you have very quickly taken it upon yourself to be all over this forum, now to the extent of moving away from your initial thread with your own issue that you knew little about handling to littering the forum and posting on numerous established and existing threads, where advice has already been given or a conclusion has already resulted, with your theories conclusions and observations which of course are very welcomed. BUT... in some instances, like this one...you dont quite match the advice that the forum and it's members have gathered over a very long consensual period given in a tried and trusted consistent mannered thoughtful approach. one could even call it forum hi-jacking and that is becoming somewhat worrying . dx
    • Yeah, sorry, that's what I meant .... I said DCBL because I was reading a few threads about them discontinuing claims and getting spanked in court! Meant  YOU  Highview !!!  🖕 The more I read this forum and the more I engage with it's incredible users, the more I learn and the more my knowledge expands. If my case gets to court, the Judge will dismiss it after I utter my first sentence, and you DCBL and Highview don't even know why .... OMG! .... So excited to get to court!
    • Yep, I read that and thought about trying to find out what the consideration and grace period is at Riverside but not sure I can. I know they say "You must tell us the specific consideration/grace period at a site if our compliance team or our agents ask what it is"  but I doubt they would disclose it to the public, maybe I should have asked in my CPR 31.14 letter? Yes, I think I can get rid of 5 minutes. I am also going to include a point about BPA CoP: 13.2 The reference to a consideration period in 13.1 shall not apply where a parking event takes place. I think that is Deception .... They giveth with one hand and taketh away with the other! One other point to note, the more I read, the more I study, the more proficient I feel I am becoming in this area. Make no mistake DBCL if you are reading this, when I win in court, if I have the grounds to make any claims against you, such as breach of GDPR, I shall be doing so.
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Welcome Finance secured loan - sold to coast now resale to swift advances!!


razorc
style="text-align: center;">  

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because no one has posted on it for the last 364 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

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Yes, I Agree With That But

thats For A Mortage

Not A Secured Loan

 

25 K Loan Then Becomes A Mortage, Below Is A Secured Loan

Lke I Said, In Court Welcome Have Withdrawn There Action Rather Than Disclose This Con

 

If a Secured Loan Over £25K is Recorded By Debt Collection Agency as A Mortgage, Why Does It State " FIXED SUM LOAN AGREEMENT REGULATED BY THE CONSUMER CREDIT ACT OF 1974" Secured On...........????????

 

Does This Question Make Sense?:lol:

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RAZOR

XX

XX

 

WELCOME FINANCIAL SERVICES

COMPLIANCE

RUDDINGTON FIELDS BUSINESS PARK

RUDDINGTON

NOTTINGHAM

NG11 6NZ

 

DATE

 

ACCOUNT NUMBER

 

F.A.O. Peter ball

 

Central recoveries

 

Thank you for the reply dated xxxxxx to my complaint for which the contents have been noted. (Copy enclosed)

 

In my original letter, (copy enclosed) I requested an explanation as to

 

1/ why mortgage indemnity fee had been included on my agreement, being it’s a secured loan, not a mortgage.

 

2/ why my secured loan is recorded as a mortgage on my credit reference files

 

I’ll take your response in stages.

 

I am grateful that you confirmed that I indeed do have a secured loan and not a mortgage.

 

Your statement that credit reference agencies record secured loans as a mortgage is very misleading. The credit reference agencies only record the data that is provided to them. As this is the case, welcome finance are the data suppliers supplying that data.

 

I now move onto the issue with mortgage indemnity fee and your response to check the terms and conditions.

 

Quote

 

The mortgage indemnity fee shall be charged to you by being included in the total amount of loan.

 

in return for payment of this fee, we agree that, in the event that it is necessary for us to enforce the security, and the value of the secured property upon sale is insufficient to cover all sums then due by you to us under this agreemment,we shall not pursue you for such shortfall

 

The terms and conditions do not answer my questions

 

By what legal authority can welcome financial services charge mortgage indemnity fee on a secured loan, not a mortgage

.

As explained in my previous letter

 

A mortgage is a loan secured by a charge on a property above £25000

 

A secured loan is a charge on a property regulated by the consumer credit act 1974 below £25000

 

I require the relevant legislation you use to charge this fee according to the financial services authority or any other authority.

 

I also require an explanation as to why this mortage indemnity fee, being a charge for credit, has interest applied to it.

 

It is not too much to ask for a reply to these questions instead of a reply more interested in corporate sensitivity, so a simple answer please to a simple question so I can put this matter behind me.

 

 

 

 

 

 

play with it

cut and paste

deleate or add things

you get the idea

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  • 1 year later...

Evening all short story - have ppi with welcome and sent them a letter fro claiming it back but they have sent a letter saying I have to go throu Norton Finance as they were the brokers , anyone else same ?

 

and shall I just send norton finance a letter to reclaim it?

 

many thanks

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That be welcome finance then , so back to the drawing board , need to get another letter done and sent to welcome finance , I was gonna send letter to norton finance aswell , should I , or just rewrite back to welcome

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That be welcome finance then , so back to the drawing board , need to get another letter done and sent to welcome finance , I was gonna send letter to norton finance aswell , should I , or just rewrite back to welcome

 

Welcome all the way

 

ims

 

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  • 1 year later...

does it look all ok ,

been a long battle with them over the past few years ,

got them to take off the ppi on the loan

 

they sent us a new agreement to sign

the new agreement was for the original amount we borrowed

 

, , posted on here a while back re the new agreement they were trying to get us to sign ,

but we never signed it, and haven't made a payment in 3years odd to them ,

not heard anything from them,

fingers crossed,

 

i was thinking maybe the original cca has something up with it ,

it also has mortgage indemnity insurance on it , is this allowed?

and on our credit files its listed as mortgage instead of a loan

 

Hi all , anyone could check my agreement ? does everything look ok on it

 

many thanks

 

bump

 

Could anyone check my welcome finance agreement for me

 

as in what charges i could try claim back

 

 

http://photobucket.com/gallery/user/razorcal/media/bWVkaWFJZDozMzUzMjg3/?ref=

 

sorted of tried to do it a whie back 2009 but no joy as they tried to get us to sign new contract less ppi on it but we refused and not really heard done anything since

thanks

 

razorc

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  • 5 years later...

5 threads merged

No that's not how you do it

 

This was explained last time I believe

 

Trouble is welcome now have a wavier

So you'll get nowt

 

Should have done it last time !!

You've now missed the bus I feel

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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I doubt the PPI refund was correct

You could try both again

 

See what they say

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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  • 7 months later...

just had letter saying debt sold to coast finance solutions, stopped paying this years ago , could somebody look at our agreement again see if its ok or not

 

 

cheers

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