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Can I take welcome finance to court?


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I have had a letter from FSCS (financial service compensation scheme) asking if I want to claim my PPI back from welcome finance (around £500 inc interest).

 

The problem I have is they state that any payout would have to 1st be offset against any loan balances that maybe owed to welcome prior to a cash payment.

 

I have an issue with this as the balance I have with welcome (just over £2k) is in dispute and is only a year away from being statute barred

 

they have no cca, no paperwork and are not making any attempts to collect.

 

Am I within my rights to set up a court claim and get a cash payment or would it be frowned upon as I have already been asked by FSCS if I want to reclaim?

 

Many thanks in advance

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who owns the debt on your CRA file?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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oh bugger...

 

though its very rare for a wwelcome debt to be sold.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

wind it till its sb'ed then it'll go to your pocket?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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