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Out of interest, has anyone been successful claiming back Acceptance Fees lumped on the monthly payments ? Or Gap (shortfall insurance) ?

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gap yes same as PPI

and warranty etc etc.

acceptance fee

as long as interest has not been added

it correct.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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PPI UPDATE.

 

I have recently been paid out £ 970 by Aviva

- This was the company who sold the PPI Policy alongside the Welcome Car Loan.

 

Also I have been made an offer of over £ 4000 from Welcome Finance

because they now say they are going to be Liquidated in 2018,

this is now what they are calling a Solvent Liquidation so they are able to pay me out.

 

 

They have sent me an acceptance form to complete asking for Bank Details to pay the money by BACS into my chosen account.

OR DID I WANT TO REDUCE MY BALANCE WITH THE MONEY !!

 

I have also received many Arrears letters this last few weeks and repeated telephone calls which have been unanswered.

 

None of my other complaints have been answered and have simply been ignored.

 

Would be nice to know what is going on with this lot..

.. What happens to these Loans once a Solvent Liquidation happens ?

 

 

It seems as though I am running out of time to get answers to all of my complaints.

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I bet it will be about the same time that all PPI reclaims will stop

and welcomes liquidation will be delayed till then, if at all.

 

 

what is interesting is they are saying they are paying out to you

whats that for? the gap etc..


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Hi Dx.

Not sure what is going on but my letter definitely says they are going into Liquidation sometime in 2018.

 

My guess is that so much of the book they own is not collectable and they will have trouble getting anyone else to take them on.

 

Payout offered is for PPI on two other accounts from the chain.

 

Still no answers regarding charges, gap, interest and miss selling so will get back to them after I receive the payment.

 

I am still not paying them anything since the loan got passed back to Welcome from the debt collection agency.

 

What happens to these loans after liquidation?

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twill be an interesting time then .

 

 

I expect welcome will prob sell all outstanding debts on.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Hey I wonder if any1 can help me on this..

I took out a loan with welcome finance about 8years ago.

It's was £2000. I had missed payments etc and it went up to 7000. I brought it back down to 4000 and got a letter about ppi being knocked off which was around about 850. They had sold me months and months of ppi and all the other rubbish insurances you have to have.. Now I and my boss have received a letter from the county court. In favour of Cabot financial demanding ex amount a week for the outstanding of 4200. So I called up and then I had to call Mortimer and they wasn't any help. So basically I will be paying about 11000 for a 2000 loan. Where can I claim back or appeal or whatever?? Because so many places to pay but not to deal with my despute. Thanks

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Hey I wonder if any1 can help me on this..

I took out a loan with welcome finance about 8years ago.

It's was £2000. I had missed payments etc and it went up to 7000. I brought it back down to 4000 and got a letter about ppi being knocked off which was around about 850. They had sold me months and months of ppi and all the other rubbish insurances you have to have.. Now I and my boss have received a letter from the county court. In favour of Cabot financial demanding ex amount a week for the outstanding of 4200. So I called up and then I had to call Mortimer and they wasn't any help. So basically I will be paying about 11000 for a 2000 loan. Where can I claim back or appeal or whatever?? Because so many places to pay but not to deal with my despute. Thanks

 

 

welcome

you need to start a new thread

of YOUR OWN

 

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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I have sent the acceptance form away now asking for the funds to be paid by bacs... We shall see what happens.

 

 

The letter states they will be paying out within 14 days of them receiving the acceptance.

 

 

A couple of other queries.

I have still not had any response to my complaints of miss-selling and arrears charges and interest etc, etc... This always gets ignored.

 

 

Do I continue to pursue this after I receive PPI payments ?

Did the PPI have an effect on all chain finance which mine was ?

I am not even sure the charge on my property is still in place to be honest ?

The welcome loans do not show on my Credit Reports ?

 

 

If the loans are in dispute why are Welcome not working to resolve issues and how can they sell a loan on in dispute and why have they not taken me to court or contacted the court to get payments from my wages ?

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Have been waiting about 3 weeks now for PPI Payment to be processed and transferred by BACS supposedly.... Any ideas how long I should give them before I contact ?

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PPI Payments have now been received. Over £4000 which is amazing !!

Still no answers to all of my other complaints and I have ceased payments.

The waiting continues.

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I have sent the acceptance form away now asking for the funds to be paid by bacs... We shall see what happens.

 

The letter states they will be paying out within 14 days of them receiving the acceptance.

 

A couple of other queries.

I have still not had any response to my complaints of miss-selling and arrears charges and interest etc, etc... This always gets ignored.

 

Do I continue to pursue this after I receive PPI payments ?

Did the PPI have an effect on all chain finance which mine was ?

I am not even sure the charge on my property is still in place to be honest ?

The welcome loans do not show on my Credit Reports ?

 

If the loans are in dispute why are Welcome not working to resolve issues and how can they sell a loan on in dispute and why have they not taken me to court or contacted the court to get payments from my wages ?

 

Exactly the same going on with me right now. I've gone to the fscs and FOS

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Finally got round to sorting my act out and have put my property on the market. Need to start a new chapter.

 

 

In regards to my welcome load, last re-write was 2008 which still has a balance of £23500 now PPI interest have been reversed, but the land registry shows a charge for progressive finance in 2005.

Any ideas how this works ? Can I find out what the 2005 charge is for ? Can my solicitor find out for me ?

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Have a look at my thread I have one supposedly for a 2008 loan but charge is dated 2006

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