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Welcome Finance still taking the mick !!


mrsalbertz
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hi

I wonder if someone can help.

 

After what seems like a lifetime and a few PPI refunds,

we have finally gotten rid of Welcome Finance or so we thought.

 

We received the settlement letter as requested in the post on 28th July. Balance is a big fat zero !

 

On Friday 15th August,

we received what looks like a Solictors letter looking for a payment of £174 on behalf of Welcome Finance.

The letter starts

"We act for the lender. You previously had a loan with them which was secured by way of a mortgage over your property.

 

Since the loan has been repaid it is in your interest that the mortgage over this property be removed" ???????????????????????.

 

We weren't aware that was a mortgage and phoned Welcome.

Got no help whatsover and they said we need to pay.

 

Can someone please advise what the heck this is all about or should we contact the FSA. Something stinks !!

 

Any help would be very much appreciated. Thanks in advance

Edited by citizenB
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If the loan was secured then I guess it could be classed as a mortgage of some type. Although I thought that once these were paid up, any interest automatically ceases ?

 

I will ask others on the site team for you - see if they have any ideas.

 

Do you still have the original contract/agreement ?

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Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

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2: Take back control of your finances - Debt Diaries

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4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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http://www.consumeractiongroup.co.uk/forum/showthread.php?17473-Mortgage-Discharge-Fees**-WON-%21%21%21-**

 

Here you go - looks like you might be able to challenge this.

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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p'haps check www.trustonline.org.uk to see what it says?

 

whos the spoofing DCa/fake solicitor?

 

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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