Jump to content

 

BankFodder BankFodder


  • Tweets

  • Posts

    • Don't think you have to inform Universal Credit of the Small Business Grant Scheme.  Reason is that it is supporting the business via local authorities, which is why it has been paid into a Business account.  It is not the same as the sell employment grant being paid out from June 2020, which is going to be treated as earnings for Universal Credit purposes.   DWP are updating the following linked page with any Coronavirus information related to Universal Credit.   As you will see the Small Business Grant Scheme is not noted.   https://www.understandinguniversalcredit.gov.uk/coronavirus/   You mention the Business is hers and why should you be affected.  Under Universal Credit, as a couple living together, your claims have been linked together as a benefit unit ( you don't have any choice, couples who live together have to have linked couple claims).  When UC issues the statement, it will be both of you as a benefit unit.  Therefore all of your joint information will affect how much UC you receive.  For example your state pension will appear as another benefit deduction, so will affect how much you receive as couple claimants.   Have a read of the Understanding Universal Credit website if you need more information on the benefit.
    • Hi  I do apologise as I don't know where to put this question.   My wife is self employed and her business is closed to to Covid 19. She has lost all future bookings  and has no earnings. I am retired with a State Pension. We have applied for Universal Credits which has been granted - payment middle of April , so that's great. We applied for the Small Business Rates Grant - £10,000 to help with business expenses - she intends to open trading again  ASAP, and there are obviously supplier contracts and services that need to be paid for, plus we modernised premises this year ( as we had lots of bookings) and our personal Credit Card debt is approx £9500.   To my surprise they have granted this and are paying money into her business account.   I know we would have to notify Universal Credit about the Grant, but would she still be entitled to U.C payments? The business is hers , so I presume I am still eligible for U.C   Many Thanks thedrunkenmonkey
    • Neighbour who has garden at end of mine (fence to right as they look down their garden but crosses various gardens as I look down from my house) is requesting that I repair a damaged fence as her dog keeps coming into my garden.   Am I responsible to repair it (my part of fence)?    I have looked at various websites but not very clear.   Neighbour said they erected and put up a fence to their left as they look down their garden but stressed that I was accountable for part of fence to the right.   Thank-you for looking at would appreciate any guidance for confirmation.    
    • Are you or do you wish to use the vehicle until we succeed with arguing and you succeed in VT?
    • Hi I hope all are ok in these trying times. I assume most of us will be in the same situation with employment etc.   I am obviously still intending to follow through my complaint against MB. However I do have to make decisions as I have found myself as will most people at this time left with a reduced minimal income, with all I can forsee is an impending up hill struggle for the forceable future.   So not sure what, if any options I still have, I am presuming VT was only an option earlier on and a court CO excludes that option,    I cant continue to honour the finance payments and cant even begin to estimate any timescales I would be again financially stable.   im trapped but want, no I need to get rid of MB all together, they can have the car and I learned the expensive way!   MB recently emailed a letter (which is copied below) in it they refer to a recent termination, this is the part that is very confusing as its my understanding they terminated the agreement in March 17.   They also inform they have placed the collections on hold, but then heres the cheeky bit, they do however want me to store the vehicle, tax and insure it, as per the agreement (the agreement that they already state was terminated) until they continue with their collection process;   Due to the Coronavirus (COVID-19) pandemic currently affecting the UK and wider world, we’re emailing to update you on what will now happen regarding the collection of your vehicle, following the termination of your Moneybarn vehicle finance agreement.   We won’t be collecting the vehicle at this time Normally, following termination of your agreement, we would arrange for an inspection and collection of the vehicle. However because of the current Government imposed lockdown, we are not currently able to collect vehicles until further notice.   What will happen next? Nothing for the moment. We’ll contact you as soon as there are any developments in the Government’s stance and we know that we’re able to resume our normal vehicle collection activity.   What do you need to do? We would appreciate if you can please keep the vehicle taxed and insured for the time being, as per the terms and conditions of your finance agreement. We hope this information is helpful and clear. Please stay safe and well, and if you need to contact us with any questions, please check out the latest information on the best way to reach us at   So they state termination, then expect to lay down instructions for me to comply with as per my finance agreement T&Cs. To look after the vehicle that they do intend to continue collection of.   If everythings terminated and in other words I have no right to the vehicle, Im not prepared to comply with instructions in line with a non existent agreement (I dont have to) and have a good mind to charge them storage.   However l would much rather just leave the car, send off V5 to change ownership and be done with it and concentrate on getting justice for their mistreatment.   
  • Our picks

cruzhughes

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

style="text-align:center;"> Please note that this topic has not had any new posts for the last 213 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

hang on ive just realised what you are doing

theres nothing to reclaim..

as the rebate was greater than anything charged as the loans were refinanced,

post 86


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Right so what have I got to go to the fscs or fca with.

If the only rebate is on the last loan which you calculated for me..

 

 

look at post 127 and 130 and your 135

Share this post


Link to post
Share on other sites

I would take the whole thing to them.

 

 

there must be a way thru this welcome get out clause.

even if the end result is the charge is emoved


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

I really hope there is I'm at my wits end with it all.

 

Shall I send them the letter I sent to welcome plus the ppi form.

 

The dispute letters back from March 2015??

 

Anything else I need to put in I've started collecting all this info since Feb??

 

Have not had response from Welcome yet with regards to ppi 8 weeks is up the weekend

Share this post


Link to post
Share on other sites

I actually don't think theres any harm in sending everything to both of them.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Covering letter explaining how much of the situation??? I may have put the last debt in dispute but was shocked when I received all the info on the others before it! Charge from 2006 at the land registry I went digging about originally in Jan 2015...

 

What about the Fos do I need to complain there too

Share this post


Link to post
Share on other sites

yes I would regardless

IMHO that welcome letter covers the PPI too


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Same letter to all 3 then. what exactly do they all do??

 

How's this looking for that start of complaint to Fos

My complaint is about mass irresponsible lending dating back to 2001

 

A 2008 loan that is disputed and been sold to a dca whilst in dispute.

 

Excess charges, Ppi and a charge on my house that I believe that should not be on the there was registered in 2006 by a company called progressive finance.

 

Yet welcome finance have told me it's in regard with a 2008 loan the very loan In dispute yet the charge isn't in their name or dated to correspond with the 2008 loan

Share this post


Link to post
Share on other sites
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.

 

 

^^^^^^^^


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

That's already gone to welcome and I've had a final response. I've got that to go to fos But on the online complaint form to fos it's asking what the problem is and how I want it resolved and to add any paperwork in

 

Where shall I take this irresponsible lending complaint first?

 

I'm not sure of the process I've followed your lead with writing to welcome

 

I just need a bit of guidance of where and who to go next.

 

I know it's not straightforward so I'm unsure what I need to be doing

Share this post


Link to post
Share on other sites

typically it looks like IR claims go to the FOS as well


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

I'll get that in later and provide what I've got from welcome etc. Do I need to send every loan agreement It's just quite a lot to explain and trying to condense it down. I suppose if they need any further info they will ask.

Share this post


Link to post
Share on other sites

Don't think you need to explain anything to the FOS

The letters do it for you

 

I'd simply copy everything to a CD or a cheap penstock

 

Write simply covering letter to the FOS

 

I have 2 issues running with welcome finance

1. An IR complaint

2 numerous PPI/mif/life/etc

 

More later


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Thank you! ��It's a year already since this all started unraveling I've got to put it to bed for my on sanity

 

Fos All done.

 

I've added copies of the welcome letter and final response, land registry document.

 

The request of CCA letter and the dispute letter as they were in default of CCA.

 

Will that be enough for the moment?

 

update from welcome re Ppi

they are paying out on the Ppi from the 2nd loan.

 

I have to got to Aviva for the first one from 2001.

 

As for the rest it's a bit more complex.

 

I'm going to inbox you everything now.

Share this post


Link to post
Share on other sites

just read 'em

i'll redact and upload? soon for you?

 

good result there even if it is coming off the outstanding.

 

hopefully the rest will too ..bye bye charge poss..


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

I'm not so sure..

They've asked for my bank details and said on the letter should be paid within 15 days.

 

Maybe cos the loan was Pre 2005? Watch this space.

My donation will be with you.

 

I really appreciate everything you've done.

The rest is a waiting game now.

But I've also emailed the fscs with welcome claim reference.

 

The icing on the cake was in my mortgage sar.

Which I'm hoping I can use to do with irresponsible lending

 

I've got a credit report dated 2006 with 5 ccjs from 2001 to 2005.

 

All pretty low amounts bar 2 but there are 4 defaulted accounts on here.

There are 4 active accounts with late payments

2 are those are to a finance house with the same monthly repayment As welcomes loans.

But I can't actually see any credit search on here done by them.

 

I also have 3 settled accounts with worse status of 6 so I'm guessing that means 6 payments late...

 

2 searches I can see are 2 mail order company's with the exs DOB not mine.

 

I've got everything crossed on the charge..

I didn't realise how much of a can of worms I was opening when I first started digging.

Share this post


Link to post
Share on other sites

6 means defaulted in most cases esp if its a line of 6's every month...

 

are you saying that welcome aren't going to offset?


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

The report isn't like today's type of report it's a 10 year old one. It's says worse status and the number.

 

That's the way I read in the letter as they wanted my bank details to do the bacs transfer. Other loans they have send to the fscs to look at and advised me to contact aviva regarding loan no 1

 

6 means defaulted in most cases esp if its a line of 6's every month...

 

are you saying that welcome aren't going to offset?

 

Doubtful they could offset as I have the other letter saying they sold the last loan to alpha credit June 2016.

God only knows.

Maybe this loan they won't but the fscs will on the rest?

Bit of a guessing game really!! :???:

Share this post


Link to post
Share on other sites

Fscs have wrote to me have got to fill their Ppi form had to send all copies of loan details in

they wanted other info which I've got but it means sending lots of paperwork in.

But they've given me a letter for welcome to produce breakdowns so that's going to welcome .

 

 

The Fos have wrote to me too and they also want want me to fill in their Ppi form.

They stated they will be dealing with all issues separately (other insurances, charge and IR) and will be in touch.

Share this post


Link to post
Share on other sites

written not wrote,,,,

 

 

most is scanned so put it on a cheap penstick or a dvd?


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

What's your verdict on the title deeds dx. Alpha haven't sent anything to me in post only had a few texts to contact them

Share this post


Link to post
Share on other sites

well they'll willy wave they need paying.

but as all of this is under serious investigation by several financial regulators etc etc

i'd not respond.

 

 

let them findout the bad news in the fullness of time.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

How have they managed to change it without even notifying me??

Plus I put the loan in to dispute with welcome in April they sold it 2 months later?

 

 

The date they started changing the charge is a week before I wrote about ppi and IR yet the date it was applied was 6 weeks after I sent Welcome the first letter. Bizarre

Share this post


Link to post
Share on other sites

I would of expected a notification it had happened

but they don't have to tell you they are doing it.

 

 

but in all probability it went to the old address?


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...