Welcome finance

[Completely desperate]

Hi I took out a loan with Welcome finance in 2006 upto date have paid them £4000, but they say I still owe £1600. Have had to pay reduced payments part of the time, does this affect how much interest and other charges have been put on . The original contract was for £1000, payback 1458.94, that included £390.00 Insurance. Was off sick 2007 but no payments made on my behalf for the insurance as I didn,t realise it was there. I have been paying them but have stopped now, am I right not to pay them after paying so much already.or do I have to carry one paying.

Thank you

[MARTIN3030]

Have you checked statements ?

Is the account still with them ?

Will move your thread from here-someone will answer your questions.

Have you at any point questioned the PPI with them ?

[dx100uk]

do somereading of a few threads here

 

welcome will 'iflate' what you owe with unlawful fees for letters/phonecalls/picking their nose.

 

fire off an sar to them.

 

you can reclaim ALL the charges & the mis-sold PPI or any insurance they have added

 

if the org loan was £1k you have been fleeced blind

 

you are in for a serious windfall

 

dx

[Sand-Dancer0191]

Suggested SAR temp for Welcome.

 

Thanks to postggi for this.

 

 

 

 

Data Protection Compliance Manager

Welcome Financial Services (or other Welcome Group company as appropriate)

KINGSTON HOUSE

CENTRE 27 BUSINESS PARK

WOODHEAD ROAD

BIRSTALL

BATLEY

WF17 9TD

 

REMEMBER THE £10 POSTAL ORDER AND SEND RECORDED DELIVERY

 

GOOD HUNTING

 

 

[your address]

 

 

 

[their address]

 

 

[DATE]

 

 

 

Data Protection Act 1998

Subject access request

 

 

 

Dear Sir/Madam

 

 

ACCOUNT NUMBER: xxxxxxxxx (or multiple numbers if more than one account)

 

Please supply me with copies of all the data which you hold on me in relation to my business with yourselves.

Please note that I require disclosure of any personal data which you hold on me for the entire period of my business with you.

The Subject Access is not limited to my transaction history and it is not linited merely to 6 years of historical information.

Additionally, where there has been any event in my account history over this period which has required manual intervention by any member of your staff, or any other person, I require disclosure of any indication or notes which have either caused or resulted in that manual intervention, or other evidence of that manual intervention in relation to my financial business with you.

I require all information on details of all insurance products supplied by welcome financial services. This is to include the statement of means, statement of price, details of all insurance premium tax paid, and underwriting sheets.

If mortage indemnity insurance has been added to the agreement, i require all details on who this premium was paid to, and who underwrites this insurance.

 

If you are unable to supply this data because there has been no such manual intervention, then please be so kind as to confirm this in your response.

 

If you intend to send a reconstituted copy of an agreement you must declare the reason why it has been reconstituted and if the original exists, the type of filing system or archive the originals are stored on.

 

If it is the case that any of the requested documents can not be supplied because they have been destroyed,please indicate;

 

1.The date the document (s) was/were destroyed.

 

2.The method used for destruction.

 

3.The position of the individual/individuals tasked with destruction.

 

I enclose the statutory maximum fee of £10. You have 40 days in which to comply. Furthermore, if I discover that you have levied disproportionate penalties or charges which are invalid under the Unfair Terms in Consumer Contracts Regulations against me, then I shall be reclaiming them together with any interest charges which you have levied on them.

As it is your wrongdoing and mishandling of my account which has created the necessity for this Subject Access Request, I shall also be reclaiming the enclosed £10 Data Protection Act subject access request fee.

 

If there is specific information which you require in order to satisfy yourself as to my identity, please let me know by return. However, please note that the above address is the one which you normally use to communicate my private business to me and which you have hitherto found to be acceptable.

I would be happy to collect the Data from my local branch.

 

 

Yours faithfully,

 

 

***dont forget not to sign, send £10 postal order, send recorded, keep proof of postage**

[Completely desperate]

Yes I have a list here they sent me, with phone calls charged at £10 and £20 a time Capitalzation, fee assessments, cancelled fees, interest and ad hoc fees whatever they are. Have asked them for months to clarify what they are saying. Last week they said because I stopped the direct debit that I can'rt do that, and it will only cause me more problems, even court proceedings, and further finacial penalties because of it.

[dx100uk]

garbage to put you off

 

go reclaim all those fees listed, inc the int they charged you on the fees

 

you cannot reclaim the cap charges that is their word for interest.

 

but as said, you CAN claim the int on each charge, from its date to the date of your claim.

 

dx

[Completely desperate]

I,m not sure here Have i Still to pay them the £1600 they sayI still owe .

[dx100uk]

get reclaiming me thinks!

 

dx

[Completely desperate]

Hi I understand that part but do I still have to continue paying them Or have I paid enough £4000 worth of enough, and they sazy I still owe £1600.

sorry but I,m Confused.

[dx100uk]

pers i'd write them three letters

 

ONE informing them that until you receive the SAR return, enabling you to calculate your PPI reclaim and your charges reclaim, believing that THEY probably owe YOU more than YOU owe THEM, you are going to reduce your payments to £1PCM as a token of goodwill.

 

TWO a letter with a spreadshet reclaiming the mis-sold PPI.

 

THREE a letter with a spreadsheet reclaiming ALL unlawful charges/fees.

 

that should give the enough to be chewing over.

 

expect the typical delaying tactics and questionaires, but you are quite within your rights to do this.

 

 

dx

[Completely desperate]

They have sent me a ten page questionaire do I have to send this in. Is it a normal questonaire for re claiming PPI.

Thay have now given me 14days to pay £1890 or they will apply to have this taken direct from my employment.

[Completely desperate]

I forgot to say they have sent a copy of the agreement which is neither dated or signed by me. it is just a typed Agreement. It has an interest rate of apr 62.51% on it

and they have said to me that I knew when i took out the loan it was a high interest bearing account.

[dx100uk]

haha arrestment to wages....

thats a very very long way off after a court CCJ and they;ll never go near court with PPI and charges outstanding

they'd get crucified.

 

i would forget the PPI reclaim and follow this.....

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?299809-Welcome-Finance-All-Welcome-PPI-reclaimants-read-me....FSCS-declares-war-on-Welcome-amp-PPI

 

did you do a charges reclaim SOC?

 

you need to get that sent in cause i bet its more than you owe.

 

dx

[sir_gilmour]

Hi

Welcome to The Consumer Action Group.

 

 

I am just letting you know that as you haven't had any replies to your post yet, it might be better if you post your message again in an appropriate sub-forum. You will get lots of help there.

 

Also take some time to read around the forum and get used to the layout. It is a big forum and takes a lot of getting used to.

 

 

Once you start to find your way, you will soon realise that it is fairly easy to get round and to get the help you need.

 

It can be bit confusing at first.