Help HFO

[stevie1958]

HI,in 2003 i took out a loan with welcome well it was actually a reloan,

I must have stopped paying it for some reason, the amount was about £3500 in total with payment protection etc.

 

Well a cple of weeks ago i got a letter from HFO along with a photo from google earth of a house, they must think its mine but its not, here is the letter:

 

 

So i phoned them then i hung up, the following week i had quite a lot of phone calls from them so i sent 2 letter, one for a copy of the true credit agreement, and the other to ask them not to phone me, then i got a further letter with a copy of the credit agreement.

 

http://i927.photobucket.com/albums/ad116/crazystevie_2009/HFO/HFOAgreement001-1.jpg

 

and also this letter:

 

http://i927.photobucket.com/albums/ad116/crazystevie_2009/HFO/HFOLetter001.jpg

 

To day they phoned me twice on a mobile number within 3 minutes, informed them if they phone again i will report them to trading standards i then hung up.

 

07760626394 was the mobile that was used, can any one tell me where i stand as they are asking more than double what the debt was for. many thanks.

Edited May 16, 2010 by stevie1958

[Pinky69]

This agreement is unenforceable. They must list the loan and PPI as separate with their own charge and prescribed terms (interest rate, repayment schedule) and each with their own signature box and they cannot add fees to either. CAG does not advocate debt avoidance but you can either pay them a pound a month or nothing at all. Those are your choices. I know what I would do. They are going under and have stopped trading. Serves them right for being so greedy with APRs at 45%!

[broken arrow]

Stevie I think you have left personal info on the first letter.

[broken arrow]

There seems to be a few HFO Welcome threads popping up.

 

http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/257543-hfo.html

[stevie1958]

HI Pinky, i lost my job due to health reasons last year, i have just got a new job so i am trying to sort out my finances, however i just could not afford to pay HFO this amount of money, i really do apreciate your help.

[broken arrow]

and another

 

http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/255832-reminder-notice-assignment.html

[vjohn82]

Welcome sounds like HFO's new toy

[DonkeyB]

Why do these finance companies deal with sh1tebags like HFO?

 

That letter breaks so many OFT rules - it is threatening and misleading.

 

They say WHEN we obtain judgment. They say bailiffs WILL call.

 

This is nonsense, as they have to get judgement first, and with paperwork like that - and the HFO Fan Club on your side - that ain't gonna happen!

 

Please complain about the content of this letter, and its intimidatory nature (ie. sending a picture of your house together with threats of action they cannot yet take) to your local trading standards and the OFT.

[DonkeyB]

Have they sent you a notice of assignment or any other paperwork? Also, can you give us some more history? When did you last make a payment? Did you receive a default notice from Welcome?

[broken arrow]

Stevie I think you have left personal info on the first letter.

 

You have still not removed your address from the first letter

[stevie1958]

You have still not removed your address from the first letter

 

I have checked and i can not see any of my details on the first letter.

[stevie1958]

Hi All, well thank you so much on this matter, so i presume the best action is just to ignore them now or do i need to send any further letters, and thank you again.steve

[DonkeyB]

There is an address slap bang in the middle of the first letter. Guess it's yours. Somewhere in t'north.

[stevie1958]

There is an address slap bang in the middle of the first letter. Guess it's yours. Somewhere in t'north.

 

Thank you so much i have now edited in photo bucket.

[broken arrow]

You will need to edit your CAG post aswell.

[broken arrow]

There is an address slap bang in the middle of the first letter. Guess it's yours. Somewhere in t'north.

 

Very near to me donkey, better than darn sarf

[stevie1958]

You will need to edit your CAG post aswell.

 

Thank you i have managed to edit it now,

[stevie1958]

Well this is the information i have up to now:

it was last paid in 2004 but i do'nt know what date,

 

I also got car finance from welcome in 2007, they told me the loan had been written off.

 

I have not recieved any info stating that this debt has been passed to any one else, nor have i recieved a default on it.

 

I recently got a copy of my credit report and it is not on their, however 3 months ago it was, HFO had defaulted me on it at just over £3000.00, that has now disapeard from my credit file.

[Pinky69]

I would tell HFO that the agreement is unenforceable for the reasons I put in my post above. You can then offer to pay £1 a month and tell them that is all you can afford or add at the bottom of the letter that you trust this settles the matter and the ignore them.

[stevie1958]

Thank you so much Pinky.