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Welcome Finance any dealings???


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ive postedthis on my thread as well

having served a section 10 data protection notice on welcome, they have started to update the cra with the default status

where do i stand on this

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  • 2 weeks later...
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Welcome Finance! I'm sorry I ever set eyes upon them. The problems they cause are riddiculous. I have been asking for a statement of my account for two months now. I told them I need it for a solicitor for an Asset declaration for court. They keep telling me it will be in the post or pass the buck to someone else. Perhaps they have something to hide? Going to try again then send a letter complaining. They are a bunch of Asses.

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erm... i am desperately in need of extra cash. and was about to take out a loan for maybe £2000. the settlement figure, after a 1/4 is something like £1795 and repayments would be £105 a month for 3 years. Now... i can afford this.

 

are they ok to deal with if repayments are kept up to date? or should i still steer clear?

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stay clear of welcome.

 

you wont be able to recalaim payments made from them taloola

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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you should read this sticky taloola as it explains everything. Will you get payments back because of the lack of a credit agreement?

 

Chrissi

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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If I was stuck for money as I have been in the past and I knew what I know now about Welcome I would steer well clear. They handle the loan files very badly and are very shy at sending statements. When you have a problem and you approach them they talk to you as though it is your fault and not theirs as the case may well be.

So my advice is dont go there, try somewhere else.

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oh and dont got to provident or greenwoods either as they are just the same.

 

Chrissi

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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just talking off of my thread

i am in the court process with welcome over 2 accounts, this is ref lousy agreements,unenforceble.

all i am after is the defaults removed.

in there defence they are saying they court can enforce the agreements

need advice on this one

many thanks

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just talking off of my thread

i am in the court process with welcome over 2 accounts, this is ref lousy agreements,unenforceble.

all i am after is the defaults removed.

in there defence they are saying they court can enforce the agreements

need advice on this one

many thanks

 

You say the agreements are lousy and unenforceable.......

 

are you sure of this, i must admit that a LOT of Welcome agreements are crud, theonly way to get a positive answer is to post them on here and get an oppinion

 

Dave

** We would not seek a battle as we are, yet as we are, we say we will not shun it. (Henry V) **

 

see you stand like greyhounds in the slips,

Straining upon the start. The game's afoot:

Follow your spirit; and, upon this charge

Cry 'God for Harry! England and Saint George!'

:D If you think I have helped, informed, or amused you do the clickey scaley thing !! :D

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  • 1 month later...

next point

if you do a modified agreement, does that entail a whole new agreement, or just a notification of modified agreement to sign

also the extras, ie warrinty, breakdown, collision call etc

if details not supplied in sar, but on agreement, and cannot produce policy etc,

where does that leave the legality of the original cca

 

just thinking out of the box

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  • 2 months later...

I phoned welcome and asked for a settlement figure which was quoted at around the £2800 figure in December but now has gone up by afew pounds rather than down.

I have written and asked them for a statement (which they are rather shy of sending) as I was paying 4 weekly and the interest was being applied the same way (4 weekly). I have suggested that they have overcharged me in interest and I am now awaiting their reply.

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Have u mamaged to post the agreements yet?

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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My account has been with them for a few years. I was paying 4 weekly and noted on the statement I actually managed to get from them that the interest was being applied at a 4 weekly rate and at least 3 quarters of the amount I paid was interest. I have the agreement at home. This is an ongoing problem and I have threatened to complain to the fiancial ombudsman or the FSA if my complaint is not settled to my satisfaction. I note that they have applied payment protection although they said they would not bother. I have used it in the past though. I just think they are a bunch of sharks and the interest rate is above what it should be. I have changed the payment to monthly now.

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Been off this site for about a year and only just recently on. Had a quick look through the thread but there are soooo many pages. I was one of those idiots that kept taking a new loan with welcome every 10 months or so. I am pretty sure they kept adding PPI on. I was told i wouldnt get the loan without PPI. I paid them off with another loan a few years ago. I did do a SAR last year but info they sent was incomplete and they said they couldnt find my agreements. Because i have paid them off is there any way i can reclaim the PPi as they forecd me to take it and I didnt want it but needed the loan(s)...Also when I had a look through docs it looked like PPI was never refunded when I took out a top up loan, just a new policy charged again. Can I di anything about this seeing as I have paid them off? I only found out about mis-selling of PPI once I paid them off. Will have a look around more on site in next few days but single mum of toddlers and work full time and dont drive so by time I get home and see to kids and get them bedded my free time is limited! Any pointers to relevant pages appreciated. Found the email adfdress for CEO of cattles on an earlier thread so thats handy....Thanks to guys who posted that.

Nikkiandmidgets Vs BOS (3) - S.A.R sent 11/09/06

 

Nikkiandmidgets Vs Capital One (2) - S.A.R sent 11/09/06, Prelims sent 20/10/06, LBA's sent 16/11/06

 

Nikkiandmidgets Vs Citi credit card - S.A.R sent 11/09/06, Prelim sent 9/10/06, LBA sent 28/10/06

 

Nikkiandmidgets Vs Halifax - S.A.R sent 11/09/06

 

Nikkiandmidgets Vs Egg (4) - S.A.R. sent 20/10/06

 

Nikkiandmidget Vs Littlewoods (3) - S.A.R sent 20/10/06

 

Nikkiandmidgets Vs Blackhorse - Prelim sent 20/10/06 requesting £125 charges to be refunded. LBA sent 16/11/06.

 

Nikkiandmidgets Vs Welcome Finance (Macadam Finance) - S.A.R and C.C.A request sent 20/10/06

 

My Mum Vs Halifax - S.A.R sent 11/09/06

My Mum Vs Capital One - S.A.R sent 20/10/06

My Mum Vs Citi - S.A.R sent 20/10/06

My Mum Vs SLC - S.A.R and C.C.A sent 09/10/06

 

Husband Vs BOS (3) - S.A.R sent 20/10/06

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Hi, I'm not too sure if you can claim the PPI back. I would think if you have proof that it has been mis sold to you then you could.

As you know they are not the most helpful people to deal with.

I am battering them with letters but they never reply. I am going to check and see if I can claim PPI.

I dislike them with a vengance. They cost me lots of money.

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I have just dug out my agreement with Welcome. The orignal load in 2005 was total amount £6101.66 including PPI of £1676.43

The settlement letter tells me the loan was £8685.58

I am writing to them straight aay to see what is going on.

Can I reclaim the PPI and even more so what about the quote being £2583.92 difference?

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isnt it about time the oft or fos take a look at welcomes books

i know from experience what they are like

no statements

covert charges, so know one knows how much is out standing

ignoring letters and legal requests etc

 

how do they keep getting away with it

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I have been on the phone about the discrepencies in the amounts quoted. I have also written a letter asking for a refund of the PPI which they told me they would not be adding but did add on. I was quiet intimidated at the time when I think back to the agreement date 6.5.2005

There were three of them in the office when I went there.

At least I'm going to fight this one with them and get what is mine of them.

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I have been on the phone about the discrepencies in the amounts quoted. I ahve also written a letter asking for a refund of the PPI which they told me they would not be adding but did add on. I was quiet intimidated at the time when I think back to the agreement date 6.5.2005

There were three of them in the office when I went there.

At least I'm going to fight this one with them and get what is mine of them.

 

Are you aware that judging by the date of your agreement Welcome were regulated by FSA. Also that due to this fact the FOS will take on your claim for mis-sold PPI and will look into it for you. Its a slow route but stress free pretty much.

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also as you have said you assumed the loan would not be paid without it then that is miss selling.

 

see what they say but u have to haggle.

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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also as you have said you assumed the loan would not be paid without it then that is miss selling.

 

see what they say but u have to haggle.

 

I am currently working on my welcome claim myself and it was standard practice for them to state they could offer a loan if you took out PPI. Therefore due to your financial difficulties you were forced under duress to accept this PPI policy IMO.

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well i defo think that is miss selling let alone lying to get a sale.

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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  • 2 weeks later...

With regard to welcome I still have not been sent a statement. But the good news is I have got rid of them by paying the loan off. I undercut them by £500 which I am quiet happy about. They told me they would send a letter confirming the settlement, that was three days ago, I'm not holding my breath. I cancelled the direct debit and as far as I am concerned its good riddence to them. I wont pursue the PPI as I dont think I will win it. Once bitten, I wont be dealing with them ever again.

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well done for getting there with welcome.

OFT debt collection guidance

 

Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.

 

Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.

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