Welcome Finance - This company needs to be banned.

[andie_303]

Direct Group administer all policies between Welcome and NU they are the middle men that like to cover their ears and eyes and say nothing to do with us all the time - neither DG or NU will help you - believe me I've been right to the top of both companies have letters from CEO's basically telling me to sod off!!

[The wife]

Andie did you get your PPI back?

[andie_303]

Andie did you get your PPI back?

 

 

Not yet.....but I will - county court in August

 

Supremely confident - I have more information on Welcome than they ever thought possible

[bogeyed]

Thanks for your time andie,

I will show this my son, he hasn't got money to pay them, out of work still, can't have what he hasn't got, and he very good at ignoring them, and so am i now. so if we claim ppi back and they ignore us, wont that be fun, seriously though, if they did start wanting money again, what could they actually do to get it other than go to court, and if they did take him to court, wouldn't this be a good thing, considering the state of sons paperwork. should we send an sar after claim for ppi? sorry to pester, wont ask anything else, btw I been looking in as guest, and intrigued with what might happen, but can wait!! always did like a good mystery, WHO DONE IT?...... WAS IT THE BUTLER LOL, NOT THIS TIME!!

[andie_303]

Bogeyed - if your son has PPI - has he tried to make a claim??

 

you say you're sons loan is for a car, how many months had he paid before he stopped paying??

 

You can complain to the OFT about Welcome coming to your house and phoning you, not only is it harrassment but they broke data protection by telling you about your sons debt and legally you can demand your payment back as it was taken using menance i.e. coming to your doorstep and demanding money off someone that did not owe it and you are not obliged to make any payment to them whatsoever.

[MarkieMark]

test

Edited June 24, 2009 by MarkieMark

[danukindebt]

RBS aka Mr brown to bail out cattles?

 

Cattles looks for suspension of own debts | This is Money

[brassed-off-2]

sorry bo2

 

received important info from fos and fsa

 

has direct bearing

 

give me 48 hours

 

its dynamite

i love keeping welcome in suspense

 

Hi Post

 

Can you pm this to me yet, please ?

Thankls

B-o-2

[andie_303]

Dear All,

 

I have been reading your posts and can say if I were you I would not wait for the Financial Ombudsman Service to deal with your complaint. You could wait years and if you can wait that long then thats fine.

 

The FOS have too much on their plate and do not really give me any confidence. At least the courts will give you a fair hearing ..

 

If you feel you have a strong case take the buggers to court. The process is relatively simple as long as you have done your homework you will be fine.

 

PPI misselling is a huge problem and so uneneforceable credit agreements.

 

As Welcome Finance is concerned I agree with all the comments on here...

 

They do ignore you... Make an application under section 7 of the Data Protection Act and send this request by recorded delivery. If they fail to respond to you within 40 days. Send them a reminder and with a Notice of INTENDED COURT PROCEEDINGS . Tell them you will make an application to the court and if this application is successful, the costs associated with this application will be made against you.

 

Its surprising how many companies have breached the Data Protection Act 1998.

 

I agree in principle after all I went to court - however remember court is a one shot only deal - if you lose you cannot then got to FOS. They other way round can be done though - if FOS doesn't find in your favour you can still go to court.

 

Only if you are 100% sure would I advise court

[bogeyed]

andie,

he didnt claim when came out of work because he had shortfall, or at least he thought he had at the time. He must have only paid a year, maybe less, before he stopped work, Just out of curiosity, if we did take welcome to court, how do you think it would go considering dodgey policy copy and ppi missold, or would the fact son stopped paying put a spanner in works. Thinking about it we must sar them coz if they have to make them up then they havnt got them to copy, what else havnt they got.

thanks, said i wasnt going to ask anything else, sorry.

[dadofholly]

Hi Andie

 

Have dropped you message regarding the info u was after.

[brassed-off-2]

Hi Andi

 

Sorry i didn't reply to your PM sooner, i was busy laying down the law with a few emails to inEXPERIANced. ..You know how it is..it's becoming another daily task along with the Welscums.

 

Laters

B-O-2

[brassed-off-2]

eeeeezzzyy

 

Hows things coming along with your Sols ?? Any News (good i hope?)

 

B-o-2

[Sol]

Welcome have gone too far now.

 

Came home today to find a 'final demand' from Lewis Group. I'm not surprised Palmer didn't want to speak to me last week.

 

Email sent to Lewis, David Postings, my adjudicator and will be reporting to the OFT and TS tomorrow.

 

Really ****ed off now!

[postggj]

ok people

ive struck gold from a very reliable source

 

What he did say was the Acceptance Fee is a charge for credit and can't have interest added to it !!!

 

seems welcomes nuts in the fire again

 

before we get to excited, need to get a second opinion,

contacting fos and fsa in the morning

[Sol]

That would be good news if this is true!

 

My complaint with the FOS has been escalated, I wonder if it's due to the complexity of this issue.

[postggj]

me and the fos and fsa are old friends

 

believe me

[dadofholly]

Welcome have gone too far now.

 

Came home today to find a 'final demand' from Lewis Group. I'm not surprised Palmer didn't want to speak to me last week.

 

Email sent to Lewis, David Postings, my adjudicator and will be reporting to the OFT and TS tomorrow.

 

Really ****ed off now!

 

Hi sol is your agreement to do with a car you got on HP.. via a broker? or am i getting you mixed up with someone else? (may have been sunnie)

[The wife]

post,

 

What he did say was the Acceptance Fee is a charge for credit and can't have interest added to it !!!

 

is that any interest at all as some contracts show it can be added? and what's the next step for those who have had interest on it?

[postggj]

thats for all agreements

 

acceptance fee is a charge for credit

 

welcome can put it on the agreements that acceptance fee aquires interest,

does not make it legal

 

ask your self

 

why has welcome started doing this

[The wife]

thanks post,

 

the question is what do those being charged interest do next? and what ways can it be proven as in many contracts such as my OH its shown seperately but in a break down its shown as more than the expected amount is being paid a month...(let me guess a wlecome clerical error!!!)

[postggj]

i would think a stiff letter to welcome compliance to begin with for an explanation

 

give me a few days to lay my hands on the correct legislation in black and white

 

you can throw that at them then

[Dipply75]

ok people

ive struck gold from a very reliable source

 

What he did say was the Acceptance Fee is a charge for credit and can't have interest added to it !!!

 

seems welcomes nuts in the fire again

 

before we get to excited, need to get a second opinion,

contacting fos and fsa in the morning

 

I think they have tried to be too clever.....

 

They list the acceptance fee in a seperate box as a charge for credit - looks legit but as you all see they calculate interest and show that in the breakdown AND if you get a statement - they list the amount you borrow then ADD the acceptance fee THEN start calculating the interest.

 

So they are writing it right on the agreement, but just still doing it wrong behind the scenes.

 

Lookin forward to the FOS/FSA reply

[postggj]

hi dipply

 

things are getting a bit hot for welcome over this

[Sol]

i would think a stiff letter to welcome compliance to begin with for an explanation

 

give me a few days to lay my hands on the correct legislation in black and white

 

you can throw that at them then

 

Be prepared for being spoken to like an idiot; you'll only get them highlighting the paragraph on your agreement stating they can add interest to the Acceptance Fee.