Never done this before so I hope this works! My partner an I got a loan from Welcome Finance in September 2007 for £2500. We have missed payments along the way bet agreed to pay £200 pm compared to the £165 in the agreement. This has gone on for ages and the payments have been getting made each month. My credit report says my balance is currently at £2600 but then we received a phonecall from them saying we could pay off the loan at reduced amont of £3600! We have paid way more than this in the last 3yrs and our balance doesn't seem to be going down AT ALL! Our agreement was over 3yrs and this comes to an end in September this year. I feel like telling them they can stick it and that i'm not paying them another penny but i'm not sure how this will pan out. Do I have any rights to do this and what will happen if I do? I have also had the usual problems with them such as up to 13 calls a day, doorstep visits and bitchy staff. My partner an I both work, have a mortgage and 3 kids under 6yrs and we are really struggling to keep up these outrageous payments when they don't seem to be making any difference to the balance. Did you or anyone else have any luck in getting rid of these leeches? Please help!!!