Jump to content


  • Tweets

  • Posts

    • You can't, but you can (and really should) bring up the point that the lender isn't meeting their legal obligations in selling the property for fair market value. You'll have to do this in court, though.     A receiver is bought in by the lender, not you. If they're a registered insolvency practitioner, you may be able to raise a complaint to the insolvency service but there are no guarantees here. Many receivers are also registered with the RICS and self-regulate so if you know the name of the receiver you can check there, again no guarantees.   https://www.rics.org/surveyor-careers/career-development/accreditations/registered-property-receivership-scheme
    • China green-lights mass production of autonomous flying taxis — with commercial flights set for 2025 | Live Science WWW.LIVESCIENCE.COM The EHang EH216-S autonomous flying taxi is the first eVTOL ready for mass production and could lead the way for flying cars around...  
    • Lolerz - I don't understand you.  Rebuked you?   No. I simply replied to your orange comments with legal facts as I know them.  I've already worked through the s42 and s146 issues - over the last 3-4y - and these issues are (mostly) resolved legally.  In terms of posting evidence.  Sure I can post some.  But my most recent questions have been a) how can I enforce a sale before trial?  And b) how can I make a complaint and/or a claim v receiver? (E.g. to which body do I complain?).  At the mo I'm asking for some helpful pointers on those specific questions??  I'm not asking for help with how to prove or present evidence. Fwiw - all evidence for trial has been disclosed (although additions are poss). The lender sent me like 10,000 emails and docs.  There's also 000s of emails, docs, photos, videos, recordings and texts that relate to freeholders/ me.   I read, filed and categorised everything for ease of future reference.  Witness statements and evidence were prepared for trial in the 42 and 146 matters. (now joined with current claim to save duplication).  I've lived the process before.  My current statement and linked evidence has taken like 6 months to draft/ write - to ensure I can succinctly prove my defence and counterclaim points.   Whether I can convince a judge at trial w/o lawyer / barrister is debatable 🙄   But I've prepared.  And continue to try better prepare - which is why I visit this site (and clinics).  This is NOT my business or expertise at all.  I'm just trying.  Not that anyone should ever have to justify why they need help if they ask politely! 
    • Thanks for the other info will also take a look at that.
    • It doesn't use the word reconstructed in the cover letter.  Although, I have just noticed on the cover letter they have asked me to complete a financial statement and offer a repayment within the next 10 days, or they will continue to follow court directions.  They sent a separate letter on the same day advising me they will be continuing with their claim ?  They have done the same for both claims.  Is it worth just doing that - doing the financial breakdown and offering a x amount.    
  • Recommended Topics

  • Our picks

    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like
  • Recommended Topics

6 YEARS!!! paying off £750 loan from Welcome


Tomofthenight
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4328 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Having been in financial difficulty for the past few months, we sent off to Experian to get our credit reports, in order to sort out our debts.

 

Looking back through my wife's, and believe me, this had been kept from myself, but she took out a loan from Welcome Finance, for £750 with a start date of 23/05/03.

 

Payments were; £91.00 p/m over 18 months.

 

All payments were met on time, bar 1, less than a month late.

 

She had repaid £546 over 7 payments, Then out of the blue, a new loan came into place, my wife cannot remember why this was put in place, and also no separate agreement was signed, no further monies were given to her, but payments increased to £136.00 over a period of 24 months.

 

Experian stated; LOAN

Started 23/05/03 Balance £0 Settled 27/11/03.

 

No indication was given to her as to full repayment costs on new loan, and no new agreement was signed.

 

During this period all payments were paid, bar 1, and two were slightly late.

 

12 payments were made on that loan.

 

Experian stated; LOAN

Started 27/11/03 balance £0 Settled 29/10/04.

Finding it hard to keep up these payments, during a phone call from welcome, it was suggested to my wife that payments could be reduced. Without having any agreement or T&C's in front of her, my wife agreed verbally to the reduced payments.

 

£61.00 p/m over 61 months.

 

No indication was given to her as to the full repayment costs on new loan, and no new agreement was signed.

 

Experian stated;Loan

Started 29/10/04 balance £181.

 

59 payments were made on that loan, and 1 missed.

 

Today we received a letter from Welcome Finance, a Notice of Sums in Arrears, stating that notice was now being given because we are behind in payments.

 

Opening balance £104.64

Shortfall for the purpose of this notice £267.48

 

Having calculated all payments made to Welcome Finance, it comes to a grand total of £5613 over 6 years for an original loan of £750, and now they have the audacity to add a further £267.48 on top.

 

I have printed off both application for CCA, and Subject Access Request, and will send both off tomorrow, but any input, advice would be gratefully received.

 

TOTN

Never mind, it could be raining!

Link to post
Share on other sites

They can`t be serious? How can they even think like that? It`s absolutely F**king ridiculous. They should not be able to trade like that. Utter A***holes.

 

Somebody will see this soon and you will be sorted on how to set about them.

 

Chers, MARK

Link to post
Share on other sites

Something tells me they should have been on Monday's Panorama as well!

 

The simple fact is if they don't have an agreement for this other loan, it is unenforceable. Further, I would be reclaiming what has been paid as there was no agreement for the extra (non existant) money.

Link to post
Share on other sites

sadly if you do some reading in this forum, it is all too common for them to do this..

 

 

thats why we call them un-welcome

dx

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

you will most likely find that your loan(s) being regulated by CCA1974 and of 2003 vintage are actually unenforcable. The SAR should make interesting reading, post up your agreements when you have them less personal details of course

Link to post
Share on other sites

  • 4 weeks later...

Update;

 

Yesterday, we received an attempt at a SAR sent back to us, but a good lot of the relevant info is not with it, and what they claim is the correspondence from them to us, is a half dozen letters all dated 9th Dec 2009, and all giving differing amounts of balance and arrears, but no indication of when these were allegedly sent out originally.

 

They have sent copies of the three separate loan agreements, and between them there are 10 signatures for my wife, but we can safely say that at least 6 are not hers, and another 2 we can't be sure of, and on 1 agreement she has gone from a married mother to 3 kids, to a single mother of 1 child.

 

They have sent partial computer notes ending 2006, and a correspondence log that goes back from Nov 2009 as far as Mar 2008.

 

The computer log does't show any new loan arrangements being made, and as far as my wife can recall, across the phone it was put to her that it was a readjustment of her repayments to help her meet the payments, and although she knew this would extend the repayment period, she was never told it was a new loan.

 

From the partial loan statement that only goes back to 2004, it shows that for Jan 2005, 5 payments of £15.13 were made totalling £75.65, Yet charges were made against her totalling171.95, meaning my wife went £96.30 further into debt while making the agreed payments on the agreed dates. These charges are made up of ADD HOC FEE's, CAPITALISATION and INTEREST.

 

I'm not sure how to take this forward now, especially the forged signatures, and I would appreciate any advice from anyone who could help.

 

It makes me so angry to think my wife paid them more than £5000 for this £750 loan.

 

By the way, she was charged £183.23 PPI and £150 healthcare for £750 loan.

Never mind, it could be raining!

Link to post
Share on other sites

  • 1 month later...
  • 2 years later...
  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...