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Welcome Finance help!!!!


levirocks
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Hi Guys,

 

I got a loan out with Welcome Finance in September 2006.

 

That was paid off with another loan from them in April 2007.

 

I paid the amount on time for 19 months of 37.

 

Then I stopped paying them and moved house.

 

I havent heard from the since Feb 2009 and they dont seem to have chased me about the debt.

 

I want this cleared from my credit file and obviously will have to pay but not sure how to go about this as cannot afford that amount and am worried it will just keep going up.

 

Not sure wether to contact them or not as they will know where I am then!!!

 

What should I do?

 

Thanks in advance.x

 

P.S It is a secured loan and it says the current balance is over £5,500. Think the loan was only for £2,300!!!

Edited by levirocks
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