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    • so a new powerless B2B debt DCA set up less than a month ago with a 99% success rate... operating on a NWNF basis , but charging £30 to set up your use of them. that's gonna last 5mins.... = SPAMMERS AND SCAMMERS. a DCA is NOT a BAILIFF and have  ZERO legal powers on ANY debt - no matter WHAT its type. dx      
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    • You could send an SAR to DCbl on the pretext that you are going for a breach of your GDPR . They should then send the purported letter of discontinuance which may show why it ended up in Gloucester and see if you can get your  costs back on the day. It obviously won't be much but  at least perhaps a small recompense for your wasted day. Not exactly wasted since you had a great win  albeit much sweeter if you had beat them in Court. But a win is a win so well done. We will miss you as it has been almost two years since you first started out on this mission. { I would n't be surprised if the wrong Court was down to DCBL}. I see you said "till the next time" but I am guessing you will be avoiding private patrolled car parks for a while.🙂
    • It is extremely disappointing that you haven't told us anything about the result of the hearing. You came here at the very last minute and the regulars - all unpaid volunteers - sweated blood trying to get an acceptable Witness Statement prepared in an extremely short time. The least you could have done is tell us how the hearing went, information invaluable for future users. Evidently not.
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Welcome Finance - Is This Enforceable??


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sorry,

 

Clearly I am unsure if it is unenforceable. i think it is, some dont.

 

Should I do the following in the order as written?

 

1) Dispute the account? - please can you put me in the correct direction where to find the letter template?

2) 'Compensate' me to the tune of writing off the balance of the loan???

3) Issue letter before action

 

I am a lttle unsure as to FOS means, and how I get a judge to rule the agreement unenforceable?

 

please can you help?

many thanks,

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Check With Your Bank When The Funds Were Paid In

 

You Need Some One Like Stephen To Confirm As Secured Loans Are Not My Thing But I Remember That A Cooling Off Period Of 14 Days Needs To Be Given From Your Sig On The Agreement To Payment Of Funds

 

Not Gospel So Get It Confirmed

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Like To Help But Liked I Said

 

Secured Loans Are Not My Thing

There Are People On The Forum Who Are

 

This 14 Day Cooling Off Period Might Be All It Takes As The Agreement Would Not Have Been Executed

 

Try And Get The Date The Funds Were Paid In And I Will Do Some More Research

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Hi,

 

Here is my previous thread:

 

http://www.consumeractiongroup.co.uk/forum/welcome-finance/204878-welcome-finance-enforceable.html

 

However,

 

The small print states that I have no right to cancel - even though I did not sign this agreement at the trade premises.

 

My understanding is that If the agreement is cancellable (because it was signed off trade premises), notice of cancellation rights must be included in the copy agreement, and must also generally be sent by post or email to the borrower within seven days.

 

If the above requirements are not met, the lender can only enforce the agreement against the borrower by getting a court order. Local authority trading standards services or the OFT can take enforcement action against the lender, using powers in Part 8 of the Enterprise Act 2002.

 

I think this is defos now unenforceable, so can anyone give me the thumbs up, and show me some letters where I can contest/dispute the agreement?

 

many thanks,

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blimey, dont know, loan was back in 2005.

 

Have requested a full SAR, still awaiting ALL information.

 

I remember that they gave me some cheques, to pay off my other debts.

 

any other suggestions?

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ok here it is

 

when you apply for a secured loan, after you sign on the dotted line, the creditor, being welcome,

 

they have to give you a 14 day cooling off period

this gives you extra time to think about the commitment.

in this time welcome are to have no contact with you to put any undue pressure as its secured on your house

 

only then after 14 days can welcome release the funds and execute the agreement

 

this business of non canceable as signed on trade premisis is rollocks

 

they have to send the agreement to you to sign through the post and then you return it to them

 

the cooling off period alone kills that argument dead

 

 

ask tou bank for statements just after you signed to see when the money was paid in

 

happy:D

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