Wentworth Direct Finance

[Syker]

Recently applied for a loan of £10,500 to consildate my finance, i have a below average Credit score, hence the reason applying at Wentworth.

 

Typyical APR is 15.2%.

 

I applied last week and have recieved no mail from them but recieved a phonecall today stating that i HAD been accepted and that there was a lender in place who had accepted me. Over the phone they gave me the actual APR of 15.x% and monthly repayments of £241.xx over 60 months. They told me the actual lender would be Wentworth themselve's, is this possible from an actual broker firm??

 

They then proceeded to tell me there was a brokerage fee of £55.

 

I have a feeling this could be [problem], just to get a fee out of me, but they have stated all of the above, any advise from anyone who has had dealings with them or anyone in the 'know' regarding broker companies, any advice would be appreciated.

 

Regards

 

Aaron

[postggj]

this is a yes loans [problem]

 

prepare for loads of texts from debt management co and loan co

 

wentworth has some dodgy connections i believe with some dca or cra

 

cant put my finger on it at the moment

 

contact wentworth and tell them to deleate all personel info

 

this is a [problem]

[maroondevo52]

Agree with postggj.

 

Have a look at this thread.........

 

http://www.consumeractiongroup.co.uk/forum/general-consumer-issues/6731-wentworth-direct-finance.html

 

Regards.

 

Scott.

[Syker]

Thanks for the speedy reply's, much appreciated. It seems everywhere i look on the internet there is a bad word to be said about that company.

 

I will not part with my £55, except of course if they get me the loan then ill agree to pay the fee once my funds have been cleared......

 

Wishfull thinking me thinks :-)

[postggj]

get them to deleate all info as they will just sell it on to any tom dick or harry

[kevvyp]

I have also been ripped off by them.

 

They said i was accepted i paid my £55.00 and have now been told

i have not even tho my credit is good.

 

I have sent a letter and spoke to certain asociations who advised what they are doing is illegal.

 

I have also forwarded a letter to them advising them action can and will be taken against them .

 

I will let you know how i get on

[legallyblonde82]

I'm so glad I came across this thread, ironically whilst searching for Wentworth number to pay the broker's fee! As they even printed the wrong number to contact them on the letter I have received. It seemed a bit strange that the number I was dialing from the letter just didn't get anywhere.

I will certainly not be parting with £59 even though am desperate.

One question, can anyone recommend any goods Cos offering loans? especially for someone who hasn't got grate credit?

Thanks

[maverick9]

it is disgraceful that in this day and age companies are allowed to perform like this without recourse - i have reported these sharks to office of fair trading but they still seem to be running thier scams. i know first hand how difficult it is in getting credit when your score is low but if it is repayments on credit cards or debts there is things you can do and a really good option is to find your nearest credit union and start saving with them you can save from as little as £2 per week and they also offer loans at really good rates - if anyone wants further advice just post a message and i will do anything i can to help

[sillygirl1]

Wentworth keep telling me they have lenders ready and waiting to accept my details, and I have told them to get lost and stop hassling me.

 

They don't seem to understand that I do not want to pay a 'broker fee' or an 'acceptance fee' and that I do not want to consolidate, borrow or go into an IVA.

 

Eventually they will give up - Loanfinder eventually stopped getting Tara to email me and so did Loans To Go, Loan Warehouse and various others.

 

I still believe some of these are a thinly veiled attempt to get you to update your details to Experian and other similar organisations.

 

IMHO they should be closed down.

[maverick9]

it is one of the worst aspects of getting mixed up with these people is the continuing hassle of phone calls, all i did was without even confirming who i was ask who they were and as soon as they told me who they were i just hung up - it worked as within a few short weeks they all stopped calling!!!

[chickenboy]

My wife applied for a loan and was told that they needed her credit card number for identification purposes only, and they assured her that no money would be taken. The following day my wife rang her credit card company and was told that they had tried to take £59.00! Luckily the card was already maxed out and so the payment was declined and the card is now blocked so the thieving gits wont be getting a penny. We are going to contact the police, as we believe that an offence of attempting to obtain money by deception has taken place.

KEEP WELL CLEAR OF THIS COMPANY!!!!!!!!!!!!!!!