welcome and multiple rolled loans **WON**

[mark1arby]

Sorry Brassed! Forgot to say you are spot on about rubber cheques. the thing is they are a bunch of really rubbery barstewards any way.

 

They can take the £,2000+ off our arrears after the letter we got on Friday from local BM. Bright F**ker he is!!!!

 

Cheers MARK

[mark1arby]

Hello Folks. Exciting stuff on here tonight. Can hardly keep up.

 

So Post you caught your monkey at last. Brilliant! How did you know they would slip up?

 

Just a quick question. Why are WElscum now telling me that Direct Group are the underwriters of insurance. Surely that is Aviva and they have said they only have 2 inactive accounts for me and Mrs from 1997/1998.

 

Cheers MARK

[mark1arby]

As soon as I open my mouth about things being exciting the wheel falls off. So quiet now.

 

Wife just gone out to work and I`m taking the dog up to bed. Whoops shouldn`t have said that. lol

 

Cheers MARK

[mark1arby]

"WELCOME, WELCOME (sung to the tune of the famous Peters & Lee song) COME ON OUT AND CLOSE THE DOORS.Sung by the owners of Welscums` leased offices on Friday. lol

 

Sat here patiently. I can see how busy you all are. Especially Post with his monkey?

 

Any ideas if there is any thing in the docs on photo bucket that can be used to stop the **** in their tracks, or is it bend over time???

 

Cheers MARK

[djwigster]

Hi, replying to bump your thread up a bit, but after having a quick scan of the docs here are some things that stand out:

 

- Missold PPI as you told them you were disabled etc

- The PPI doesnt cover the whole term of the loan anyway (60months, not 150)

- Looks like they've stitched you for a Personal Accident Plan even though you've told them you're already covered.

- Interest is being charged on the acceptance fee according to the statement of price sheets.

- Demands and Needs sheet is incorrect (as mentioned previously yours is exactly the same as one Ive got) - and it's not signed by you anyway

- Issues with MIF (someone more knowledgeable will need to tackle that).

 

I looked at some of the figures on your CCA and they seem to roughly add up, although Im no good with interest figures/APR etc, so you will need somebody else to check those.

 

Can you blow up a couple of the CCAs with small writing on as this may yield more niceties from the experts if there's anything untoward.

 

----

 

Like I say, this was a very quick scan over, so I may have missed something. Hopefully some more people will look it over.

[mark1arby]

Thanks for that DJ. I was getting a little worried that every body was too busy to look at these docs.

 

I will do my best with blowing up the unreadable ones. Haven`t a clue though. If some one could tell me the best way of doing this it may help? Instead of taking me 3 days to work it out my self. lol. I said before I`m an EX Chef, if you can`t cook it i`m buggered. lol

 

Cheers MARK

[mark1arby]

Hello!!! Has anybody got instructions 4 a dummy. How to move the link at no.34 to here. Then what settings I may need to change on my computer or in photo bucket to help make the documents clearer to read.

 

Cheers MARK

Edited October 21, 2009 by mark1arby
wrong permalink no.

[mark1arby]

sorry the link is at no. 35

 

Cheers MARK

[mark1arby]

Hello again my freinds. Are there no experts out there to give me an idea how to make my documents clearer for reading on the forum?

 

I`ll save time if there is. Otherwise it`ll take me 3 days to work thimgs out for myself. then again I quite enjoy that. But just for the sake of expediancy,please.

 

Cheers MARK

[djwigster]

Difficult to explain exactly without knowing what type of scanner etc you are using, but firstly make sure the quality and DPI (dots per inch) is set as high as it will go and try it again. You may need to import the file into another program like "Paint" to fiddle with it a bit more, but we'll cross that bridge when you come to it!

 

Hope this helps!

[mark1arby]

Hi DJ Thanks. I`ve spent days trying to sort out the DPI etc. and I`ve been using paint to edit the docs. When in paint , the doc being edited is massive. Then when uploaded to photo bucket it`s as you see.

 

I have a Lexmark All In One 5400 series scanner. Save to File, then paint to edit.

 

I`ll have a go again, because I want to put up Statements of Account, because I have some questions about things on them.

 

Thanks a lot for your input, V much appreciated M8.

 

Cheers MARK.

[bogeyed]

bump:p goodnight! and good luck;)

ps... bump:D

[mark1arby]

Bump

 

Still Alive. Trying To Sort Out Better Pics For Photo Bucket.

 

I Realise Self Help May Be Advised On This Forum. Some One Could Give Me A Little Hint As To Where I`m F**king Up?

[mark1arby]

Cheers all you Caggers who showed such interest at the beginning.

 

I have struggled with a few things because I don`t know enough about Computers and IT. Asked for help. Didn`t get it. Postggj was going to have a look, but hasn`t. I know he`s vvv busy but even if he could tell me how to use photo bucket properly.

 

Is it some thing I`ve done or something I haven`t done?

 

Just let me know what I need to do. The help My Mrs and I can get on here is too good to miss the opportunity to pick peoples brains.

 

If I need to sort things out about my posts/ documents posted, then please let me know how to sort them.

 

Cheers MARK

 

 

 

Taken a while. Let us Pray? Hopefully these can be seen properly now.

 

These images are in the Album called Statements.

 

Have a look please, and comment.

 

Cheers MARK:eek:

 

Got it wrong again didn`t I? Thought it would link to

Photo Bucket. Will do all individually straight to my Thread.

 

At least it will save Bumping?

 

Cheers Mark:-D

 

 

Here We Go!!!

 

 

Got it!

 

 

It`s Good This Game. I Love It...

 

 

What happened to the last one?

 

 

Am I right to feel good?

 

 

Are they still readable????

 

 

Too Confident?

 

 

Don`t understand what goes wrong???

 

Will have a go again tomorrow to get them all correct.

 

Thanks for your time and patience everyone.

 

Cheers MARK

 

Hello. I hope you are all well?

 

I posted all these docs on photo bucket, with all the questions and comments I had on there as well. Some how they ended up here.

 

The main things I want to ask are what are Fee Asssessment Cheques, Why are they for ridiculous sums (2p), and who writes them?

 

what are Capitalisation Cheques and who writes these?

 

What are the differences between A direct Debit Cancelation Fee and a 1 Direct Debit Cancelation Fee?

 

On the statements if you look, it shows up to 5 or 6 payments in one day. There is no way we would have gone in to local WFS office 5 or 6 times in one day.

 

There are also periods where they have obviously been hounding my Wife for money and she has paid them substantial amounts within days of each other. There would have been no need to do any of this if they could work out and stick to a 28 day payment regime ( *ankers). It also follows that because my wife was paying these amounts in such short space of time, other bills and things were being forgotten and postponed.

 

I don`t know if Postggj is still interested. I know how busy and involved he is. It is tense time at the moment as well. Let`s hope the **** are dead!!!

 

If you are interested post I will put up my original agreement and stuff again straight to the thread?

 

Cheers MARK

 

Cheers MARK.

[djwigster]

Hi, dont panic! Ive had a few rough days, but should be online a bit more now to help if I can...trouble is that Im only a novice at this myself!

 

Anyway, just a few comments:

 

Its interesting looking at the letter in post #69 where they say that Direct Group are the underwriters..I was under the impression it was Aviva too. I wonder why they would try and mislead you like this?

 

Ive no idea what fee assessments are. Like you say, they are really stupid amounts so it seems strange.

 

Capitalisation will be the interest. Im not sure why theyve put cheque numbers next to some of them. Did you make any of your payments via cheque?

 

I also notice you have some "add hoc" fees...again no idea what these are!

 

Another thing I noticed was that some of the "cash payments" are down as debits and not credits...strange!

 

-----

 

Like I say, just a few observations. Sorry I cant give more advice.

 

Hang in there though and hopefully somebody will advise how best to proceed.

[mark1arby]

Hey DJ, I hope you`re feeling better now, and thank you again.

 

Why they say Direct Group are the underwriters, when it states in the original little book we got with 2007 loan that Norwich Union are the insurers, I don`t have a clue. I asked DG for all insurances held for me and Mrs. they sent 3 pieces of A4 paper with Welcome logo on, and just the amount of the monthly loan. Rang Aviva they say they have " inactive polocies from `97/`98.

 

We`ve had loans and insurance with the **** since at least 2001. One we paid off in full in 2005, jumped us straight to platinum customers.(Give Them More Money). The APR was something like 74%? There is no mention at all of this loan in any of the SAR notes?

 

Why would cheques be made out for 2p. Not by us either, so?

 

Some of the payments were made by Bankers Draught.

 

It is the amount the wife would pay on 28th of one month and then another full payment 3 or 4 days later. And who would go to the office 5 times in 1 day to pay differing amounts.

 

Cheers. MARK

[mark1arby]

Hello People. Received our Credit Reports today. Took nearly 2 months to get them. Thought it was meant to be a week?

 

Quick skim through for now. Boy, What an eye opener they are. Will have a proper look later. Let you know what we have uncovered as to the ****`s dirty dealings IE: Mortgage V`s Loan Agreement.

 

Cheers, MARK

[Martynandemma]

no sign of postggj for a couple of days ?? have welcs bumped him off ??

 

post mate hope your safe

[emmilou1]

He posted on the big thread...probs with his dongle

[Martynandemma]

ouch that sounds painful LOL!!

[mark1arby]

Hi All. Just a quick question. Should be a simple answer, but I think it is going to be much more complicated than I would like the answer to be.

 

What is a Loan? What is a Mortgage?

 

Cheers, MARK

[mark1arby]

Sorry should have asked...

 

What is a Secured Loan? What is a Mortgage?

 

Cheers, MARK

[mark1arby]

No one at all want to give a definition of the above???

 

Cheers, MARK

[Hacked_Off]

A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to satisfy the debt by regaining the amount originally lent to the borrower, for example, foreclosure of a home. From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. The opposite of secured debt/loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may satisfy the debt against the borrower rather than just the borrower's collateral.

 

A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

This comes from the Old French "dead pledge," apparently meaning that the pledge ends (dies) either when the obligation is fulfilled or the property is taken through foreclosure.[1]

In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than on other property (such as ships) and in some jurisdictions only land may be mortgaged. A mortgage is the standard method by which individuals and businesses can purchase real estate without the need to pay the full value immediately from their own resources. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property.

[mark1arby]

thanks zararh. I will digest that overnight. Great stuff.

 

Can any size of loan be classed as a mortgage?

 

Does a mortgage make a difference over a secured loan, when looking at reposession of a home?

 

Cheers, MARK