This is what has supposed to happen but they put the APR up by about 5-6%!!!!! The print is so small I think they thought we wouldn't notice and im sure legally they cant do that. The sly dogs!!

Hi all, my partner recently signed a contract with welcome for a hire purchase car. They sold us insurance which we have just asked them to remove as we don't want it. When my partner signed the credit agreement the APR was 27.8% Now the new agreement they sent him to sign without insurance the APR is 34.5% I have told them that he is not signing until they revert back to the previous APR agreed. Can they lagally make us pay the newly calculated (based on what I don't know) APR?? ANY ADVICE WOULD BE GREAT AS I NEED TO KNOW OUR RIGHTS ASAP!!! many thanks caroline

I really hope someone can help me as im desparate for some sound advice on dealing with welcome finance. I really don't know where to start. 3 weeks my partner signed a contract with welcome to buy a car from an independant dealer. A week later, they said that the paperwork was not complete and we had not signed certain documents that we should have at the dealers premises so they emailed them to us to sign. A week later they "claimed" they had sent the money to the dealer. Suprise suprise nothing showed up. After numerous phone calls from my partner and the dealer they said that today they definately sent the money and it should be received by wednesday. Now I just don't know what to do because after reading several reports of them being complete dodgy people half of me wants to end the contract before it becomes a horror story for us. We were also sold insurance that we were told we had to have- of course legally we don't have to take that insurance- how do we get them to take it off our balance as it was miss-sold?? Im not quite sure where we stand, but I know legally that the contract HAS to be signed at the dealers premises with witnesses or it is void. I have emails to prove that about half of the contract was signed by my partner at home after they emailed it to us. I REALLY REALLY NEED SOME ADVICE! We really need this car and we have no other means of buying one, but the company are terrible so i just don't know what to do! caroline

Hi, Im in a real pickle!! My ex and I got into a lot of debt. When we parted I went to a debt consolidation company and am now making regular payments to clear my balances. My ex did not and is not paying any of his debts. We had a joint account and a joint loan- after a year- we decided to change the type of loan we had- the new loan agreement was only signed and by and addressed to my husband, there was no mention of my name on the loan. Now I am getting several phonecalls a week saying that I am also liable for the loan as it was a joint account??!! Im 4 weeks away from having a baby and it's causing me so much stress!! HSBC have been useless and can provide me with no answers- I just don't know what to do!!?? Am I really liable to pay the debt?? Any advice would be great as im desperate to know where I stand with this. many thanks caroline

I WON!!!!!!!!! I can't believe it!! Checked my balance today and all charges have been refunded!!!! Goodluck mate I know that if youre not celebrating today-you definately will be next week!!!! caroline x

OOOHHH, let me know how you get on as my deadline is tomorrow and a warrant will be obtained for me on monday!!! caroline:D p.s keeping fingers crossed for you!!!;-)

Goodluck Pen!!!!!!!!!!!!!!!! Caroline X

Hope they do the same for me!! Their deadline is 25th may (this friday) do you think they'll pay up? I rang the collections dept and someone told me that if 25th is the date of the deadline then the money will be in my account on friday. Not sure if he was trying to fob me off or not? caroline

The company drew up the N1 forms, Im not sure if they would have solicitors representing me, they have never mentioned solicitors. caroline

Yes I did sign the N1 FORMS and I will pay the fee for the help the company has given me as for various reasons, i just couldn't do it on my own. But the thing that worries me is that the company would have represented me in court if it got that far-but wouldn't that be illegal to do so? Im a bit confused? caroline

Im a bit worried now as a company is charging 25% to do all my paperwork concerning my claim. I haven't had any problems with them but now i am worried. Iv'e just got an order of judgement accepted by the courts so they haven't mentioned that the company cant act on my behalf or anything but does this mean that they are breaking the law?? Further more, where does it leave me in regards to paying them?? caroline

GOOD NEWS!!!! MisterTbone got his money from lloyds using a Bailiff!!!! I think he might be in lloyds successes now caroline

It's just my luck, things like this always happen to me- just as im about to get my hands on the money that is rightfully mine, the chance is taken away. I just cant believe it, I hope lloyds victory is a one off!!

p.s thanks for that link it was very interesting:D

Luckily, I never have. I just hope that soon the banks won't be able to get away with time wasting and robbing people blind! caroline

So why is it that the banks can do this to us, but if we had the bailiffs round- it's tough luck and we wave goodbye to our telly's????? It's so unjust, I don't know why they are allowed to get away with it and I don't know why the judges are not giving the banks a good telling off for wasting time!! Sorry rant over! lol The banks just make me so angry.... caroline

On my letter from the courts, it doesn't say how long the banks have to reply, do you think the banks know?? (i know that sounds like a stupid question lol) of course they probably do! This whole situation is so so confusing, did your court tell you which process to follow and about set asides and so on? caroline

Ok, Il stick to this one and keep you updated! whats your thread called??

Lol!!! Im not quite sure what to do really, are we able to hijack air balloons thread as we are all in the same boat??

Thank you so much for your help and advice, it's really helped alot! So so sorry for hijacking your thread aircushionedballoon-please forgive me?

I was advised by the courts to enter judgement, of course they failed to mention that it could be set aside!! I received a similar letter too.

Yes i just read it. Are you going to appeal against the set aside if it is issued?

Thanks for that, looks like il have to wait and see. Il Give lloyds 10 days to apply for a stay, if they don't, write and ask for my money, if nothing happens-get the bailiffs involved. Iv'e seen a really good template somewhere on writing to the courts in regards to getting a stay lifted. caroline

How long would you advise me to wait before I write to lloyds?

Well, today I received a copy of the default notice they sent to the bank. it was served on 10th may. I don't know how long lloyds suppossedly have to pay or apply to the courts for a stay? Im not sure where to go from here as I have had conflicting advice. caroline