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

[dx100uk]

yes careful documentation [expanding and filling in the bits in the above ive not yet documented about each loan]

total of each loan after say its number.

 

 

but on each rewrite they [because it didn't run its full term] didn't charge the full interest and rebated what they should have

so as such bar the last loan, thats not an issue

[cruzhughes]

So welcome have done some things by the book then?? I'm rather confused to what you mean with the above comment. Is it that the full calculations will be made when the that's finished? But there's nothing really to claim back off the others as welcome did credit them correctly?

[dx100uk]

Yep other than lending again and again sometimes within as little as 4mts

They've done nowt wrong as such. But that doing it 8 times in 9yrs is IMHO very irresponsible

 

The only reclaim is the PPI on the current loan

[cruzhughes]

And that's nowhere near the balance that's outstanding. So irresponsible lending is the only route to go now. Is the last Loan enforceable?

[dx100uk]

Rarely do welcome agreements prove un-en

But of course the IR route might wipe everything

 

Bit more work to do on what the loans did

And if you had anything to your pocket on each one

Some I think you did?

[cruzhughes]

I didn't have a penny.

 

 

Lots of that paperwork isn't my signature.

 

 

If you look closely every excess cheque was paid to ex.

 

 

The only one that tallys with my Morgage sar is Lerwick paid off a welcome loan for around 14000 and some welcome paid off Morgage arrears only now apparent that I got both sars and I'm looking for info in detail.

 

 

And no sooner had it got paid off 6 months later another loan was taken out.

[dx100uk]

so more to digest

in my dealings here are a few worthy read

noting specific but all useful

http://www.consumeractiongroup.co.uk/forum/showthread.php?318323-Old-Welcome-Debt

 

http://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-for-welcome-financial-hn0qripj/#question2

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?429477-Welcome-secured-loan-PPI-reclaim-dial4alone-progressive-finance-NU-aviva/page3

 

there is someone that is on the list of subscribers that i'd love to get comment on this

come on you know who you are

I can post you everything in this horror story.

 

dx

[cruzhughes]

Who's that!? Have they had a nightmare too it can't be any worse than this surely

[dx100uk]

no ....but they are a genius with welcome loans

we have both sort of battled them for 10yrs here but they are a bit bipolar...

we'll they'll understand that comment

[cruzhughes]

Anymore input greatly welcomed.. Pardon the pun. You've been a massive help dx. Don't know what I would have done if I hadn't found this site. I feel as if a massive weight is being lifted daily the more I read on here.

[dx100uk]

one thing that ofcourse strikes me so should the authorities..

 

how can your ex whom is female

goto welcomes offices again and again

and sign documents in your name......

 

every welcome finance rep that sat across the table from her were implicit in multiple fraudulent loan agreements?

[cruzhughes]

I was working away mon to fri at for a few years but even the phone calls say mr came in?

 

I would love to know myself.

 

Did they send paperwork out to sign?

The only signatures that are most certainly mine are the ones on the legal charge.

 

A lot look as if they've been scanned on there too.

I'm very reluctant to involve the police cos of the kids.

But I will be going to a solictor with everything I've come across.

Big and small.

 

Dx when you have time have a good look at the signatures especially in the first email I sent you 18/7 acc ending in 984

 

there's an authority form at the bottom that's not been filled in just signed.

 

And look at the legal charge signature in the same email not even a close resemblance

[dx100uk]

now to go and review these cheques and those sigs

 

 

IR looks the best route IMHO.

[dx100uk]

whats your comms like with the EX?

 

would be interesting to findout if she signed all the forms using your sig

or it was the OC scanning or signing your sig...

 

more soon as to why ...

 

this is important.

 

dx

[cruzhughes]

Thanks dx. How do we proceed to IR route?

 

No really contact. I pick Son up and drop him off that's about it.

 

She hasn't a clue about all this information I'm finding out.

The only thing she does know is that she I know she forged my signature on a provident loan

there were 3 small debts totalling about £1500 and a ccj that I was alerted to in Nov 2015 on experian.

All paid off now by me full and finals plus ccj set aside in March.

 

She tried denying these but when i told her everything I'd found out she soon stopped trying to dig herself out of the hole.

Some Payments were made to these company's after I had left martial home but many had been defaulted previously.

 

 

She went through a phase of threatening to stop me seeing kids.

But obviously me throwing up the fraud she committed put a stop to that.

 

Throughout the marriage she had issues with debt some which Bailed her out of.

I never thought to the extent of what I've come across since leaving over 2 years ago.

Working tax credit chasing debt from years ago .

I earned too much for that.

Council tax arrears when I give her the money to pay.

The list is getting bigger as i look for things.

Thank good certain things I've come across are 15 years old and not worth raking up.

 

I'm am trying my hardest to put all this together.

Am I sorry I don't have all the answers.

 

 

Dx when you have time have a good look at the signatures especially in the first email I sent you 18/7 acc ending in 984

 

there's an authority form at the bottom that's not been filled in just signed.

 

And look at the legal charge signature in the same email not even a close resemblance

 

Just to clarify Legal charge paperwork here acc 984 28/8 nowhere near my signature though but it's the authority form that looks close

 

What's the next port of call on this situation with all this information you've so patiently gone through dx?

 

The last loan 984 is in dispute and has been since march this year. After I wrote to them saying I know nothing about this debt. Does this make a difference and do include this loan in my letter or just all the ones before 2008. As it's the 2006 loan ending in 257 was the one that was secured on house and filed with lr

[dx100uk]

they are all in a chain so are relevant to the 2006 LR registry

that you want removed.

 

we need to knock something up

brief but succinct

 

dear ...

I wish you to consider the removal of a charge you hold against my property XXXX

 

On 11/10/2001 I took out a loan [number] for £7369.33

ON 10-06-03 this was rewritten to 789 for £9809.68

[complete the rest in your list]

 

All of the above loans either

PPI.

Life Insurance

MIF

[add others]

 

costing me several £1000 on each one

[as an example loan number had £xxxxz ppi + £xxx in interest added to it.

 

I was never a party to any of the loan signing processes

they were carried out be [you know who] who forged my signiture every time.

 

as a side issue I believe all these to be optional

they appear to cover 'me' but ofcourse I never wanted them.

 

if we were to total all these up

it amounts to more than XX times the value of the charge

 

[have a waffle with more reasons]

ask them to call it quits

and as a commercial decision

remove the charge

the rest you are willing to waive

[cruzhughes]

Nice one dx.

If I mention the fraud then police are involved I've got the kids to think about.

So I'll have to omit that.

But my solicitor will be having all the evidence when it's done.

What a mess.

 

 

But thanks to you I see light at the end of this tunnel.

Shall I put in how irresponsible of them to relend when transcripts show numerous arrears?

I'll follow you lead and post up.

Will you be so kind as to scan over it when complete please?

[dx100uk]

well the thing is ..

I would mention the fraud but ofcourse you are not mentioning who.

and ofcourse we know that the PPI's etc didn't actually 'run thru' but that's for them to be bothered to investigate.

its important because the fraud all but nulls the ppi's etc anyway..you could never had benifted from them you didn't even know they existed.

 

yes you also can indicate that you are investigating [not sure at what stage you are at]

the irresponsible lending route and a pending complaint

 

but wish to avoid all of this because it would be very messy for everyone involved

just please call it quits

remove the charge and outstanding balances etc.

 

its ranking up the issues to convince them theres a sensible commercial decision to be made here to benefit everyone.

[cruzhughes]

What about the random payments over the years

 

I sent you that did actually go out of my bank account especially the ones after I left her that went out of my account for just over a year monthly?

 

Looking at the arrears from day one and bring refinanced each time with copious amounts of arrears and charges that's more than enough surely?

[dx100uk]

add them in then

every reason place more credence to your request

[cruzhughes]

I'll be back with a draft!!! Thank you so much.

[cruzhughes]

First draft. What do you think

 

 

To who it may concern,

 

I wish you to consider the removal of a charge dated 19/10/2006 in favour of progressive finance that you hold against my property.

 

 

On 11/10/2001 I took out a loan 851 for £7369.39 which had £1473.22 PPI and £130.00 Medicare added to it

 

On 10/06/2003 this was rewritten to 769 for £9809.68 and £1804.68 PPI.

 

On 31/03/2005 this was rewritten to 978 for £11423.67 and £1108.79 MIF.

 

On 14/07/2005 this was rewritten to 216 for £13886.71 and £1352.87 MIF.

 

On 29/12/2005 this was rewritten to 722 for £14792.00 and £1442.59 MIF

 

On 31/10/2006 a new loan was taken out 257 for £8019.62 which had £1485.75 PPI, £180 lifecare and £125 homecare with £2768.59 interest added to it.

 

On 03/04/2007 this was rewritten to 303 for £14602.15 which had £2425.15 PPI and £175 personal accident plan with £3339.03 interest added.

 

On 05/10/2007 this was rewritten to 661 for £26741.20 which had £4506.20 PPI and £10342.54 in interest added to it.

 

On 30/08/2008 this was rewritten to 984 for £30514.32

 

 

Each of the above loans either had PPI, Life Insurance, MIF, Medicare or personal accident plans added to them. Costing me several £1000 on each one.

 

All of the above were forced upon me even though I had other income protection policies.

If you were to total all these up and include the interest. It amounts to a lot more than £8019.62 amount of the charge dated 19/10/2006.

the total of all these with regard to the rolling interest charges too far outweighs the sum secured by the charge against my property

 

 

I am also investigating an irresponsible lending complaint concerning my dealing with your company.

 

I feel it was very irresponsible to constantly refinancing these loans [9 times - some no more than 4 moths apart] on the basis they were more affordable

when each loan was already in arrears with numerous additional penalty charges already levied.

and the monthly repayments to yourselves were higher than Mortgage repayments.

 

All you done was extend the months, up the interest and added many insurances that were unneeded but I was not told they were optional. Had you have not littered the account with all these add ons then the first loan would have been able to be paid off sooner. You don't even hold any wage slips so how did you carry out affordability checks?

 

I will await your response within 14 days. If I do not have any correspondence in this time. I will go on money claim and start county court action..

 

I wish to avoid the above said actions, because this could become a very messy situation for all involved

 

I politely request that you remove the legal charge you hold and null any remaining outstanding balances

 

so thus coming to a simple resolution for both parties, without the need for extensive involvement of the FOS/FCA/ICO etc nor court cases.

 

I am willing to compromise If you remove the charge and resultant balance

 

I thank you for you time.

 

and look forward to hearing from you within 28 days.

[dx100uk]

remove the blue inc the red??

[cruzhughes]

What's you honest verdict on the fraud side?

 

I'm afraid she'll put a stop to me seeing kids.

 

But how could I word about the documents which look like my signitures been copied on there cos it's well faded but other parts are in bolder writing

 

Or shall I just leave it. If all bases are covered in the draft? More to the point do I sign this letter as my signature isn't going to tally with many in the sar.

[dx100uk]

run as is

I bet they'll not check sigs anywhere