Jump to content


Welcome finance


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4361 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi,

 

Can anyone help me with a secured loan in regards to Welcome Finance - we took out a £15,000 loan over 10 years, we currently have 5 years left - however the balance isn't coming down and currently stands at £14,900, considering we have another 5 years left the monthly payment's will not cover the amount outstanding, they kept calling back last year to increase our payments to help 'clear' the account. Based on paying as we are at the end of the remainign 5 years only £12,000 will be paid off?

 

Any help would be appreicated as I think the secured loan has been miscalculated?

 

Cheers

Link to post
Share on other sites

Quite possibly you have just been paying off the interest so far ... I had a loan with interest front loaded and that it what happened.

However, if in doubt contact the company . Perhaps a SAR request may shed further light.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...