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Welcome secured loans/charge - sold to Alpha/Prime -repo received - ***Claim Dismissed***

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Hi guys massive advice needed.


I'll try and get to the point but this is so complex you would not believe.


Split up from wife in Jan 14 moved out she stayed in house due to the 2 kids.

Morgage solely in my name.


Went on credit report Nov 15 due to not being able to get a overdraft credit card or add a tablet to phone contract.

Couldn't access it for weeks due to many factors one my own fault did no realise I wasn't on electoral roll.


When I did get on it there was quite a bit of debt

not a huge amount but things I knew nothing of.

Signature forged etc.


One debt ended up in a CCJ, but I went to court and had it set aside.

I have not reported her for fraud due to the kids.


Lots of credit searches in her name to payday loan company's

many to a company called welcome finance.


Who had been calling me about a debt for a few months prior about a joint account .

Yet every time I went down local office when I found out where it was

no one would speak to me due to data protection.

There is nothing on experian tying me in with this debt no default, no loan account


Due to CCJ I contacted land registry to see if anything there

and a legal charge secured loan to progressive finance 2006 again not clue how.


Do some digging and welcome and progressive same company

. I email them for more info.

They tell me it's down to a secured loan I took out in 2008?

But the charge says 2006


I asked for further information on this? Such as a credit agreement.

As I have had no dealings with your company.

Other than a few phone calls regarding payments


when I went down to the local office in Merthyr and returned phone calls asking for more information

no one would speak to me regarding it or provide what I asked for.

I requested a CCA which the returned po and asked for my signature


I did not sign and told them they gave sent information before so I have no need to prove who I am


they emailed a credit agreement dated 2008 which looks like my signature

but you can barely make figures out.


After the 12 + 2 days were up.

I head office they were now in default and they had not provided me with what I'd requested


. I then received a sar.

I had a default notice asking for arrears from local office

, they were sent a debt dispute letter.


I had thank you for being a good customer

and local branch were moving in April 2016 heard nothing since


I look through sar there are blank pieces of paper with my signature on there are loans

some look like they are my signature some definitely aren't mine.


almost all have her and my signature loans are from 2001 to 2008

the last loan was for 30 grand and 39 grand interest on top 300 months?


There are call logs saying mr called in

was not me phone calls again not me


. But the handful of times I did ring or go down to get answers nothing logged

. Am bank statement in this sar are ex wife's.


There are some of my bank details for direct debits

I've checked my bank there were many payments to welcome.

No dockets of mine in there or proof of my wages at all.


There a piece of paper saying legal charge 2008 but it hasn't been registered with land registry.


There are statements and I have to admit when I left in 2014 I paid money to this company as she worked out who would paid what.

Stupid not to question but my head was in shed when I left. .


I have calculated that £20.6026 has been paid to loan since 2008

balance on then was £30,514.26 and still stood at £25,384.31 in July 15


no payments since jun 2015 cos I had already wised up by then

and thought why am I paying a debt that's hers.


The loan before this in 2006 you can't read figures on the fixed loan sum agreement

it looks like £429 a month.


on the contract and legal charge agreement it says £129.39 180 months

they all look like re writes but not all are that readable.

Plus they have overinflated house price in 2003.

Is this loan legal enforceable?


What can I do? Help??

Still haven't heard a pip out of welcome.

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So what is your actual problem?

You say there is no charge showing


Your CRA file is clear too



Just the fact that you owe them?

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The problem is my name looks like it's all over it.


I have had no dealings with this company until last year.


A charge in 2006 for one loan but the loan is 2008 is not registered with land registry.


I don't know what to do as regards to this loan I knew nothing about

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OK still trying to understand what you are writing

Its not too clearly explained


So there is a charge showing from 2006 against the home


I suggest since then everything has been refinanced lots of times??


So you want the charge gone?

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I would like charge gone and there was only one loan after this it was taken out in 2008 (not by me) gone

and I'm unsure as to which steps to take on this.


I must add that I have paid off other debt that my ex wife took out.


But I am in no position financially to pay this off if they do come after me

Edited by cruzhughes
Needed to add more

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I suspect each and every loan has


numerous insurances on each one

and probably MIF too?


all of those are reclaimable at their int rate.


any chance you can scan each agreement up?

one multipage PDF document please only.

follow the upload guide

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Not every loan since 2001 has Ppi

it totals around £14k

only one has Mif on.


Some medi care and some charges


I have spoke to fscs and I am waiting a pack in post.


I haven't admitted debt

but what my thoughts are here I that could be claimed back would it sort debt

I will try but not sure if you will read it cos it's very small


On iPad so don't think poss


Off to work now.


Will try later or in the morning


do you want every agreement from 2001 or the last 2


Think I've done them anything further you need to know just ask


08 loan.


More PDFs


Don't know how much the charge is for


land registry couldn't give me that info

and said to speak to progressive finance and


when I queried with welcome they said it cos of secured I took out in 2008.


I've posted all agreements( could you view them)


there are 2 other loans with Ppi on in sar 2001 and 2003

but no agreement to match

only loan history financial statement


The only statements in sar are from 2008 to 2015

.but i do loan history statements from 2001


Are these what you want? These are the first ones from 2001 I have lots more so will take a while


Fab thanks so much I'm uploading the last of the old loans and I'll update the loan 08 that's still outstanding in new thread. I've cropped loads cos it's more paper than info


Last loan in 2008 this is the one I calculated around 20 grand has been paid off

try 2.pdf

Edited by dx100uk
pdf's merged to one file - dx

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post every agreement up and statements if you have them.


the PPI would have rolled over certainly to the secured loan from the refinanced one into it.


how much is the charge for?


yep brill keep going

then when you are finished ill sort all the docs out


keep to one thread for now please

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can you redo pages 3+4 of this PDF

take clearer photos please


I cant complete the story without seeing the un rdacted bits

I need to see the full sheet of each statement and the numbers / accounts they refer too.

side/bottom numbers

if I send you via PM a secure email ad

can you send them all to me?

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thank you done

this is going to be interesting

I've spotted a few things already

but dates on agreements and clear scans of those are needed too

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I'm hoping you can make more sense of it than me



I've had it all since April when I disputed debt and then asked for a cca

they didn't comply

I then wrote back saying they were in default of my request and received the sar!! :-x

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If there's anything you need to know I'll try and help you out a bit but as you can imagine I knew nothing about all this so I'm stumped on a lot myself

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one thing that's becoming evidently clear...


there are SOOO so many agreements chaining together..


the overriding conclusion i'm coming too

is that through all their insurances over all the agreements..






that the total of all of those under a reclaim will far far exceed whatever you owe..


before I delve further

can we just confirm

there is no charge showing anywhere against any property?

and there are no accounts left on your credit file?


and its imply the worry that one day they might come after what they think you owe?

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The only charge on my property that is registered with land registry in is 2006 is with progressive finance not the newest loan in 2008.


The first time I accessed my credit file was Nov 2015 and there was nothing on there to do with welcome finance

no searches and no outstanding loan in my name. Which is rather bizarre when I paid last payment in May 2015.


However my ex wife was associated with me on there and they had clearly done searches on her.

Want me to upload this info? .

I disassociated her. And nothing now mentioning them at all.

There's has been no change on that either.

I am still waiting for a pack off fscs.



How shall I proceed?

Yes I'm worried sick about it all.

But have not heard a pip since April after I sent a debt dispute letter and requested a CCA.

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