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£2500 loan with welcome which has escalated to over £7000!!!


welshblondemanc
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Hi everyone.......

 

I'm trying desperately to repair a tarnished credit record......I defaulted on a Welcome loan in 2009 and it now stands at a massive £7000 - the original loan was for £2500.......I want to sort this out asap but seems that from reading this forum Welcome are not the most reputable of companies!!! I haven't had any debt collectors or threatening letters as yet but am wondering on what is the best course of action for me to take next!!!

 

Thanks in advance for any advice given.

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