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    • In 2008 Barclays were challenged on unlawful charges.   Shortly after Barclays terminated the overdraft and the account was closed....apparently banks were known for this behaviour at the time.   Although a  termination letter was served Barclays never sought payment, nor did they enforce.   Barclays sent annual statements until 2019 and the overdraft was registered at the CRA as a "live" account with a status of 6 (the worst status)..   The bank decided to write the balance off in 2019 and update the credit file as settled, although the negative data remains.   In 2019 the bank was informed that the account was statute barred in 2014 and the negative data should not have been recorded on the credit file between 2014 and 2019 - the bank disagreed.   The credit file continues to show the negative data and will not drop off untill 2025.   The damage continues as a loan was declined last week.   Is it fair to damage an individuals credit status for 17 years?????....   Barclays seem to be in breach of the FCA 6th principle of treating customers fairly, the DPA 1998, and the GDPR.                    
    • God where did you get that useless war and peace from? should have ignored them totally until or unless you get a letter of claim.   its not a penalty its a speculative invoice . make 1000% sure pcm have your correct address either on a letter you have already written or a new one   they have 6 yrs   C an you please pop all those photos into one multipage pdf please read our upload guide carefully.  
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    • Hi @BankFodder
      Sorry for only updating you now, but after your guidance with submitting the claim it was pretty straight forward and I didn't want to unnecessarily waste your time. Especially with this guide you wrote here, so many thanks for that
      So I issued the claim on day 15 and they requested more time to respond.
      They took until the last day to respond and denied the claim, unsurprisingly saying my contract was with Packlink and not with them.
       
      I opted for mediation, and it played out very similarly to other people's experiences.
       
      In the first call I outlined my case, and I referred to the Contracts (Rights of Third Parties) Act 1999 as the reason to why I do in fact have a contract with them. 
       
      In the second call the mediator came back with an offer of the full amount of the phone and postage £146.93, but not the court costs. I said I was not willing to accept this and the mediator came across as a bit irritated that I would not accept this and said I should be flexible. I insisted that the law was on my side and I was willing to take them to court. The mediator went back to Hermes with what I said.
       
      In the third call the mediator said that they would offer the full amount. However, he said that Hermes still thought that I should have taken the case against Packlink instead, and that they would try to recover the court costs themselves from Packlink.
       
      To be fair to them, if Packlink wasn't based in Spain I would've made the claim against them instead. But since they are overseas and the law lets me take action against Hermes directly, it's the best way of trying to recover the money.
       
      So this is a great win. Thank you so much for your help and all of the resources available on this site. It has helped me so much especially as someone who does not know anything about making money claims.
       
      Many thanks, stay safe and have a good Christmas!
       
       
        • Thanks
    • Hermes and mediation hints. https://www.consumeractiongroup.co.uk/topic/428981-hermes-and-mediation-hints/&do=findComment&comment=5080003
      • 1 reply
    • Natwest Bank Transfer Fraud Call HMRC Please help. https://www.consumeractiongroup.co.uk/topic/428951-natwest-bank-transfer-fraud-call-hmrc-please-help/&do=findComment&comment=5079786
      • 31 replies
    • Hermes lost parcel.. Read more at https://www.consumeractiongroup.co.uk/topic/422615-hermes-lost-parcel/
      • 49 replies

Welcome finance secured loan


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Hi

I took out a secure loan with welcome finance in 2007 for 27k

 

after making payments for about years I sent in one of them ppi template

as I was sold £5k ppi

welcome on accepting my compliant reduce the loan to £22k

 

within 3 months increased the loan to £36k saying this was due to interest charges on the account

I made several complaints but to no avail

 

I stopped making saying if push comes to shove they would take me to court

 

i moved out of that address renting it out

 

I have not being in contact with them since 2009

 

in the last 2 years they have manage to trace me and now sent me half yearly statement of the 36k I owe them

adding a £50 interest each time they have a 3rd charge on my property ,

 

I m in the processs of selling as I now have a buyer

 

how do I settle them I want pay them little or nothing as the way I being treated me

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Hi

 

took a loan out with welcome finance for 27k in 2007

making continuous payments for about 2 years

 

 

I decided to claim back my ppi using one them template

they accept my compliant and took 5k off the loan

now 22k

 

 

2months down the line the loan now goes up to 36k

I then questioned them as to why this was the case

 

they imformed me its the interest

I was very unhappy at the new state of events

I stopped paying and haven't being contact with them to this day .

 

I moved from that address and rented out the property out .

 

couple of years ago they started writing default notice to me every 6 months for £50 from their head office in Nottingham

 

the loan still remains at 36k

 

Now am in the process of selling my house and want their charge removed or settled

 

I don't want to pay their figure which I believe includes the ppi

 

they claimed to have refunded

 

how do I go about it

 

I don't want them messing up my sale

 

what do I offer them as full and final settlement

 

I read someone got away with a 30k secured loan by paying them 4K which the claim was accepted

 

any financial wizard on this site who can help?

 

I know their ppi funds with the agency run their ppi refunds has run

Edited by dx100uk
spelling formating and smileys tidied - dx
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first port of call is to send them an sar

get all the paperwork and statements.

 

have you anything?

 

was this a jointly owned property and a joint loan?

 

have you looked at what the land registry actually says with relationto the charge?

 

if it was one person only on a jointly owned property

then it can only be a restriction K

which means you don't have to settle upon sale

only inform afterwards.

 

more required info...........

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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Hi the property and secure loan with welcome in my name only .

 

the only paper work I can get my hand on at the mo is the default letter welcome sent

 

their charge shows on th LR for the property .

 

ok would send them SAR .

And see what come back with it

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Would love to see those statements showing how it jumped from 22k to 36k in 2 months!! Thats astronomical, even for welcome!!

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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Don't want to sound ignorant but Looking at the charge register for welcome it has no company registration number or company registered address and it states copy filed whatever that means

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Copy of the Charging Order i would assume?

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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Please scan and upload redacted returns from the sar.

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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  • 1 month later...

Still waiting on a reply from welcome .

 

My conveyance solicitor sent welcome a settlement figure letter

 

 

he has had back a reply asking my permission to disclose info .

 

Wondering whether to give them permission to disclose or to sent them full and final settlement figure of £7k to see where that gets sighting failure to reply to my SAR ?

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did you send the sar?

 

 

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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Called welcome finance today chasing my SAR they tell they haven't received my request .

 

they also tell me they have no paper work on file for me

just the balance they have on the system 34k ,

 

they wanted to know what I need for ?

 

I explained ppi claim .

 

anyway I requested a settlement figure .

 

So I await their call .

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Well if they have no paper work

How the beep can they enforce the charge!!

 

Prove it welcome

Or remove it!!!

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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Share on other sites

Now written to welcome CCA request .

As they are unable provide SAR request

 

They now have 12days to reply or I believe unable to enforce agreement .

 

wonder how how I can get charge removed from LR if they don't comply with CCA request .

 

I believed they should reply to CCA request by 7th Feb fingers crossed

Edited by Snupys66
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Its not quite so straightforward snupys.

 

While they do have 12+2 to supply the CCA, they would then only be in default

Of a legal request and if they produce one some time after they can continue with any enforcement.

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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CCA request is irrelevant in this case as its a secured loan with a charge on your property as security from application...subject to what month in 2007 you took out the loan it may not even be covered by the CCA1974

 

Andy

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

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  • 2 weeks later...

In response to that

I believe it as welcome are regulated by the Fca and CCA covers land also ,

 

In the mean time

I have received a statement from welcome

debt £36k

early settlement figure 36 k.

Secure loan now a mortgage

remaining term 145 months.

 

Loan was taken out in November 2007 over 7yrs

I Hope they provide me with statement showing term from onset ,

showing how the loan arrived at 36k from 22k

 

this debt has being in dispute since 2009 due to excessive charge put on account .

 

I believe they are not prepared to listen any F F offer as they can probably see the equity on the property .

 

I have being cheated enough by welcome .

No more

 

Looking through welcome statement ending 2016 Jan arrears balance 22k monthly payments £383 statement ending 2017 Jan arrears 30k interest 0% .

 

Their statement clearly states am in default under the CCA 74 so they acknowledge it ,loan taken out 2007 November

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scan up your statements please to ONE MULTIPAGE PDF.

 

have you the old agreement too?

bet its littered with insurances you can reclaim too.

 

follow the upload

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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Share on other sites

Got reply to CCA request from wWelcome (trying to up load doc)

it has my signature ,

and the terms

and loan amount

repayment figures etc

no ppi on loan

 

I know loan taken out was 27k in total with 5k on ppi and cheque received was 22k but it's dated by me in 2008 a year after I took out loan and their signature a year after 2009 mine signature,

 

and looking at the LR entry date is Nov 2007 which is the year I took out loan .

 

iS this agreement Enforceable and binding as the entry on LR contradict the credit agreement dates . ?

 

Wondering if I have any legs here help

Edited by Snupys66
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scan it up to PDF please

follow the upload

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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Share on other sites

you need to scan up everything please statements the lot

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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