im sure that there was a post on the thread last week, cant remember who buy ,stating that according to some comments on the stock exchange forums the adminastrators were already in. I personally would like to see everyon get there monies back, put all the welcome employees on a remote island and then nuke the ba####rds

surely they cant get away with that, you would think that the adminastrators could track that and prevent it

unless im missing something i cant see why the accounts are being transfered from welcome to progressive. Surely if the adminastrators and receivers are called in to cattles then it would not matter who they trade as because all the assetts will be liquidated and the loan book split between the creditors.......i did have a good night out and so im not feeling too sharp this morning.

Welcome Finance - Blagger.com - The place to leave feedback and comments about companies you have used

just got this off the "which" site Since January 2005, the sale of payment protection insurance (PPI) policies has been regulated by the Financial Services Authority (FSA). The FSA’s rules are very clear about what firms and advisers selling PPI should do at the time the insurance is sold to you. Information you should have been given If some or all of this information was not made clear to you either before or at the time you agreed to take out the insurance, then you have grounds to complain. If PPI was optional on the product you bought, this must have been made clear. The adviser should have made you aware of any significant policy exclusions and checked whether any of these exclusions applied to you. The adviser should have made it clear how much the policy would cost and whether the PPI would be paid for by a single up front premium, or by regular premiums. If it was a single premium policy, then the adviser should have made it clear that the cost of the insurance would be added to the loan or finance agreement, and that you would pay interest on the insurance premium. If the insurance expired before your loan or finance agreement, the adviser should have made it clear that this was the case and (in the case of single premium policies) that you would continue to pay interest on the insurance premium after the insurance had expired. Pressure sales If an adviser tried to persuade you to take out PPI by saying something like ‘we strongly recommend that you consider taking out PPI’, the sale has moved from a ‘non-advised’ to an ‘advised’ sale. If this happened to you and you did not receive a demands and needs statement (see below), then you have grounds for complaint. There are certain additional requirements on firms and advisers that carry out ‘advised’ sales. With an advised sale the adviser must assess whether you need PPI, considering your circumstances and any existing insurance you might have. The adviser must also assess whether the policy, including its costs, is right for you. Meeting your needs If the policy does not meet all your needs, perhaps because of one of the exclusions, the adviser must clearly tell you which of your needs the policy will not meet and must take this into account when considering whether to recommend the policy to you. For advised sales With advised sales, the adviser must issue a demands and needs statement to show why a particular policy has been recommended and why it is suitable for you. Firms or advisers giving advised sales must keep records showing that a suitable recommendation was made, and recording any demands and needs that might not have been met. Don't give in The company may try to wriggle out of upholding your complaint by saying that all this information was provided to you in writing after the sale. If it does do this, then don't be put off – if they broke the rules, they broke the rules – which means you can complain. The rules are very clear that you must be given a certain amount of information at the time you are buying the insurance so you can make an informed decision about whether the insurance is right for you or not. If you weren't told about things like cost and policy exclusions until after you had bought the insurance then you couldn't take these things into account when make your decision.

Just found another good one. CARE to ANYONE thinking to dealing with this lot. I am an Ex - employee. ALL INSURANCES are OPTIONAL. Don't allow Staff to con you into thinking YOU have to take Insurance! YOU Don't. YOU cxan legally demand to have teh insurance (& interest charges on the insurance) WAIVED (assuming it was missold, or you were told you had to have it). Complain to Welcome then the Financial Services Authority. It may take a few weeks, but you can save £thousands. YOU Are protected by LAW! Pass this on to ANYONE you know. ALso.... ANYONE who has taken a secured Loan with this lot can probably get the loan waived (in FULL) & you DONT Have to pay it IF you didnt receive a FULL Cooling Off Period!!). Welcome usually ONLY give 5 - 8 days Cooling Off, however the law states 15 days UNLESS you decide to break it! IF you are enticed into breaking you can still get your loan waived!!! Just speak too FISA or Trading Standards in Nottingham! Please pass on to everyone. I work here & this lot are a joke when it comes to playing by the rules.

hi stewie, dont worry im a guy and i too am looking forward to my night out tonight. i just typed into google,"welcome finance forums ,blogs" and i just trawled through them as you never know what you may find. Im just trying to find anything that may help our cause.

just reading through some welcome blogs on the net and found this, cant belive what they get up to. They should be stoned and flogged in public. got to say this, as an ex-employee, be very careful of this company. not only are their rates extortionate, not only do they press as many "added value" products onto you as they can, not only do the "massage" the application information to get deals approved, not only do they bully their own staff, they will kick you once you are down. they have a policy to "re-write" or "re-start" bad debt. so once your car or house is sold, they will contact you to re-start the finance, with a new contract over up to 120 months! in other words, you are going to be an interest slave to welcome for the rest of your life! eventually, when you have re-started 2 or 3 new contracts and still cannot keep up payments and when you finally realise you are going to end up paying £15,000 on a £1,000 loan, they will call you out of the blue and offer to write off 50% of the debt (which already includes 5 or 6 or more years additional interest) They also charge £20 per call and £50 per visit so add another £1750 for "admin fees". So my advice, just stop paying the welcome loan now! don't wait, they will bleed every penny out of you. There is no such thing as debtor's jail. they cannot do anything to you, just stop paying that extortionate loan. Now! Ill gladly throw the first stone.

PPI mis-sselling is a huge thing at the moment, especially with welcome finance. Below is a link to a thread that will give you all the information you need, its a very long thread but you need to spend a couple of days reading and digesting it and you will know exactly what to do once you get to the end. http://www.consumeractiongroup.co.uk/forum/general-consumer-issues/109794-welcome-finance.html

i have a 501 t-shirt that i bought in 1995 from a little shop in macclesfield. It has small moth holes but i still wear it quite often, i stil think it looks good. I have always said that if you keep hold of your favorite clothes then someday they will come back into fashion, just waiting for paisley shirts to come back in then ill have a whole fashionable wardrobe.

Hi s8nds, if you dont mind me asking, what is the purpose of you needing the terms and conditions

what is the actual problem with the computer

when thay say meetings, they mean at the job centre

I would just return it anyway, walk out of the store and never go back in. really what are they going to do, what can they do. If you look at the brighthouse threads on this site most of them involve a didgy ACER computer.

are they intelligent enough to do that

one thing that is biting away at me is that where we have supposedly signed for our lifecare insurance my signature looks completely different, it looks like a child has signed it, my partners looks fairly similar but hers is quite basic anyway, is it easy to get checked out and if so how.

surely not........would the good honest bankers do that

they have not stopped calling us today even left a message to remind us that our loan is secured and are at risk of losing our property.... cretins!!

ours has still stayed the same with equifax

hi post, hope you had a good day. Can you elaborate any, fully understand if you cant.

apparentely the new agreement cancels out the old one, but im sure someone with a bit more knowledge will advise

thay should also send in rent-o-kill to get rid of the vermin staff that infest there offices.

I think your exactly right stewie. I think what i will try first is to tell him its inconvenient to speak on the phone and send him a list of questions, at least then if he answers any of them i at least have some kind of paper trail

i was mithering by e-mail yesterday and received this, his typing fingers must be sore. Anything in particular that i should be saying to him. Is there any chance that you could provide me with a telephone number so that I can call you to discuss. Regards Simon Spencer-Brunt Claims Team Leader Direct Group Ltd| Direct House | 4 Sidings Court White Rose Way | Doncaster | DN4 5NU ' Tel: 0870 4141422 7 Fax: 0844 4124157 : e-mail: [email protected]

cool avatar stewie