Welcome are now officially dead and buried

[dx100uk]

yes you can and don't be fobbed off by people that are p'haps here for 'other' reasons.

 

they have done exactly what they setout to do and thats add an element of 'doubt' in the proceedings

pers i think the posts should be removed.

 

if you paid £88.27 PCM for all the insurances then you entitled to those charges back + 8% stat int from the date of EVERY month you PAID each 88.27 to the date of your claim

 

use

http://www.egalegal.com/compoundWindow.html

 

rests = 12 compounded monthy.

 

go get 'em!

 

there are many threads on here detailing the process and also many threads where the fos have made welcome cough.

 

do not be put off by another round of misleading posts from those that are not here for the purpose of CAG - reclaiming the right to YOUR money, but for other reasons.....

 

dx

[Helen89]

You are well within your rights to claim back on all the insurances but I would make it clear in any letters that you send that is your intention. All insurance can be mis sold not just PPI. From what I've seen in the past you may find it a little harder to claim back than just the PPI but make sure you push for it.

I was never involved with the sale of HP agreements but from the amount of people that DO complain about mis sold insurance I would say you do certainly have a case.

 

Hi Helen89

You have mentioned a couple of interesting things. Could you pliz clarify the what elemet of ppi I can claim. I mean when I original got my car loan 260504 I had a combined total insurance of £4236.96(2648.19+1588.77). 1588.77 being the finance charge. I paid a monthly payment of 232.61(144.34(monthly hire purchase) + 88.27 for insurance. the insurance was bundled together to include Mechanical Breakdown, Emergency, shortfall, collision call and PPI. I must admit i was naive at the time I was made to sign the agreement because I did not need all these. My question is: I am considering making a claim for mis-sold PPI , can I claim the other elements as well. At the time I signed the agreement, the salesman made me to understand that I could not have the loan for the car without these. Any thoughts about this

[charger1]

yes you can and don't be fobbed off by people that are p'haps here for 'other' reasons.

 

they have done exactly what they setout to do and thats add an element of 'doubt' in the proceedings

 

 

 

My thoughts exactly dx.........

[RALALU]

Hi All,

 

Just been having a look through my old finance agreements with Welscum and all agreements (secured loans) appear to be variable based on the LIBOR rates (for those not in the know the interest rates that banks lend money between each other)

 

Now my question is this, if the above is correct and with the credit crunch that happened over the past few years surely the LIBOR rate (as per interest rates) have reduced and if so was joe public informed and their monthly payments rightly reduced - has this happened for anyone?

 

Anyone / MODS can you give some feedback on this - if LIBOR did reduce surely people can reclaim the savings not passed back to them OR would the fact that Welcome never did this is and the fact that it is stated in the contract then completely invalidate it?? hmmmmm

[RALALU]

shameless bumpety bump

 

Any input would be appreciated - is this worth investigating or do you feel its a non starter?

[rebel11]

Thread moved.

 

Some info:- http://forums.moneysavingexpert.com/showthread.php?t=2005425

[dx100uk]

this thread is now being closed

 

if you have a running query within it

 

please start a new thread and ask for your posts to be moved over to it

 

dx

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