Hi it just says Toatl amount of Loan £3108.76 But i only asked for and recieved cash of £2000 x

Hi guys having trouble here cant get my paperwork up on the computer On the copy of my Loan Agreement it states Amount of New cash Advanced £2000 Medicare 24 £0.00 Lifecare 24 £175.00 Optional Payment Protection insurance £733.76 Amount of Credit (a+b+c+d+e+f+g+h) £3033.76 Acceptance Fee £75.00 Total Amount of Loan(i+j)= £3108.76 Amount of each monthly payment(the first to be paid one month after the date of this agreement and then on the same date everymonth after that) £142.39 In calculating the Annual percentage rate, No account has been taken of any variation in the rate of interest 45.3% Rate of Interest(Variable in accordance with clause 1(b) overleaf 3% a month Estimated Repayment period 36months This has been signed by myself on the 11/02/05 Where do i go from here? xx

I recieved my S.A.R in the post yesterday, Just going through it and looks like im screwed will take photo's and put on photobucket today. My Loan agreement they have sent me is a photocopy.

Hi guys ive been reading through lots and lots of the Threads on here and Boy does it give me food for thought, especially when i was thinking it was just me who was unsatisfied with Welcome. The info regarding my aco**** is on the Welcome UNfreezing interest thread. Now at this pont in time my aco**** is £1,200 owing after 5 years and originally borrowing "2,000. I pay £50 per month direct debit and i have sent the SAR to Welcome and they have wrote back to acknowledge this. Do i have a case to reclaim the Missold PPi and Homecare/Life care Charges they put on my account or will they try and bamboozle me with T&C's etc . Oubviously when i recieve all of my CCA back form welcome we can have a proper look through it, Im just a bit Daunted by the battle ahead. ANy advice would be great Thank you

Hya Just-jue, How would i got about this and proof etc,At the time i was clinically depressed and Was on Anti depressents and having therapyand i also had a overdose.So would i just ask my GP for a letter of confirmation?My boss (I work for a mental health service provider) Reckons i will have astrong chanceof getting alot of money back due to me being unewell at the time.Thanks if anybody could advise me on this subject. x

Hiya Hun, I wil need some assistance seeting this Standing order up then. The last thing i need is any un authorised payments coming out earlier than agreed . Cheers x

An update : I have recieved this letter this morning Dear Miss ........... Thank you for your letter recieved on the 23 February 2010 making a subject access request. We acknowledge reciept of the £11.00 processing fee and are pleased to inform you that your request is being processed. If you have any further queries , please do not hesitate to contact me at the above address, Yours sincerely Hayley Lowe Customer Complaints Departments

Excuse ME! Who the heck do you think you are? Do you Know my personal circumstances? Do you know WHY they froze the interest in the first place? Do you Know why they want to put interest back onto the account? Do you know the reason's why i have paid back nearly £4000 with another £1,200 left to pay for a £2000 Loan? From 5 years ago? Do you know why Most WFS Employees are Rude, Ignorant, Smarmy gits who haven't got an ounce of empathy in their bones. So instead of coming on here with constructive advice and insider knowledge you choose to slag and belittle people off. You are just one of the reason's why customers are so dissatisfied with WFS.

So then im reading this with wide eyes AS i already have a DD set up..Should i cancel the DD and set up a Standing order instead?? x

I sent them yesterday 22/2/10 , Just checked on the tracking and it is stillat the sorting office at the moment so will check again on Thursday, Hopefully the Scumbags won't try and buly me again!!

Hi emanevs I have sent the SAR and CCA £10 and £1.00 Postal both sent by recorded delivery, And the Harrasment by telephone Letter too. Hopefully i will hear back in writing before my next DD payment of £50 on the 15th March.

Hi i haven't got anything only 1 statement I havent got the original paperwork due to leaving my ex and having all my stuff thrown in the trash. So i will have to wait on the reply to the CCA as soon as i get it i will upload on here.

Just a quick update CCA has Gone with £10 Postal order also i have sent my £1 postal order with the other template AND Harasment by Telephone etc all Recorded Deliver..Lets see what happens Now

I have got the CCA Request and Harassment by telephone ready to send off tommorow i also have got the PPI reclaim letter ..Oh that should be fun when it pops through their mailbox. I bet they think there is some kind of underground movement ready to bring them down!! Will let you know.How i get on...In the meantime IF they phone tomorrow do i speak to them?? x

@Ozztwizard, Many thanks i will download the template letters at work this afternoon and send them recorded deilivery first thing tomorrow. You can imagine how confusing it is when these figures keep changing and the so called "advisers" are incompetent cretins. It feels like they are making it up as they go along. Thank you for your advise its much appreciated. My direct Debit is due out on the 15th should i continue with this, obviously i dont want to get myself into further battle with these scumbags xx

@OZZYWIZARD Many thanks, Speak soon x

Hi guys Thanks for your replies and advice so far. I haven't got a scanner so i have found a statement from the ****. this is what it say's Date of first Movement 15-feb-05 Period of Statement 15-feb-05 to 16-nov-09 Amount of credit provided £2808.76 Annual Interest Rate 36.00% Minimum Duration of agreement 36 Months 15-feb-05 INITIAL DISBURSEMENT £2000.00= BALANCE 15-FEB-05 PPP-ALL CATEGORIES- MIGRATE £733.76 15-FEB-05 HOMECARE SEC/UNSEC MIGRATED £125.00 15-FEB-05 LIFECARE 24 MIGRATED £175.00 15-FEB-05 ACCEPTANCE FEE'S PRODUCT 881 £75.00 = £3108.76 ALL THE FIGURES BELOW ARE CAPITALISATION: £140.46 £90.18 £88.31 £86.21 £20.00 £20.00 £84.91 £87.71 £5.00 £90.49 £5.00 £5.00 £25.00 £93.74 £96.72 £99.83 £102.83 £104.66 Also on my statement there is Conversion/Default Fee and Payment Reversal Fee £20.00 each time. What i don't understand is when i spoke to "Jason" yesterday he informed me that my initial agreement was £142.32 per month for48 months and that was supposed to have ended in March 2008 BUT on the statement it says 36 months. Now i didnt want PPP OR Homecare or Lifecare so what the hell are they doing on my statement. My current balance is £1,200 Do i have a case ? and where do i go from here.? I do not have my original loan agreement or any other paperwork apart from this one statement:eek:. Thank you

Im just pondering clearly if Cattles are going down the plug hole welcome wont be far behind ..Clearly they will be better off just taking the £50 per month from me whilst they can..?

I forgot to Add i went on the Welcome website last night and this is what it said : I understand that there have been some changes to Welcome Finance, how does this affect my loan? Welcome Finance is no longer lending to new customers. However, if you are already a Welcome Finance customer and have a loan with us then these changes will not affect you. Surely as an existing customer i am not liable for any changes regarding adding intrest back on to my account? They are absolute Rotters.....

HI im new here and very very wound up by "Welcome". I recieved a phone call yesterday from a Welcome Account manager called "Steve" He rang to inform me that due to the original company "LMB'S" going into administration Welcome Finance are now removing the No interest clause in my account and will be charging 3% Interest Per Month which is = £36.12 . My monthly payment to Welcome is £50 Per month taken by Direct Debit and this has been in place for around 2 years . I currently owe £1,200 on my account after initially borrowing £2,000 in 2006. I have already paid back well over £2,900 . Basically "Steve" was an absolute **** bag and told me that Welcome want there money and that £50 per month isn't good enough he called me "Naive and Stupid" and that i have been more than Lucky that welcome have been so helpful with allowing me to pay "Only" £50 a month. I argued that £50 monthly was the agreed sum and has been for a long while and that i was promised that if i agreed to the direct debit that NO INTEREST will be put on the account again. When i recieved a Statement PPI Was around £900(I didnt want PPI) also some other "Lifecare insurance" and Capitilization charges off at least £2,000. "Steve told me that because the agreement to scrap the interest was NOT in writing and it was Verbal they can retract it whenever they like!!! I asked for "Steve's" surname but he refused and basically Mocked me..I have never been so disgusted in my life. He told me that this won't go away and that i will continue to recieve phonecalls and that i should of recieved a letter to inform me of these charges (I have recieved no letters from Welcome!). I rang Welcome this morning and "Jason" informed me that i originally borrowed £2,000 and that my agreement was to pay back £142.32 per month for 48 Months = £6,831.36 . Due to personal circumstances( I had a breakdown and Overdose) I missed 7 monthly payments back in 2006 but since then i have dealt with my responsabilities and payed them back every month. So now where do i go from here, It was going to take me 24 months to pay back the £1,200. How the hell would i cope with paying only £13.88 of my account a month this would take me 10 years or Something. THE facts are THEY agreed that IF i payed £50 monthly by direct debit i would be clear in over 24 months and that no interest would be added and now they are lying through thier teeth.Over the past year i have recieved several phoncalls offering me various incentives eg, "Can you pay back £890 today and we will close the account" "can you pay £900 and we will clear the account" and each time i have told them i haven't the funds to do this! They even asked me if i could put it on a credit card ffs! Where do i go from here Please Help.. Thank you