Welcome Finance - This company needs to be banned.

[Dipply75]

That gives me a bit of hope for passing mine to them. Am all in bar my toenails again lol!

[Sol]

My complaint is about the Acceptance Fee and PPI mis-selling.

[Dipply75]

Hmmm, am wondering if its the acceptance fee then? PPI must be standard for them now and I know a few have asked about that fee. They really do need to clarify that once and for all.

 

Mine is for acceptance fee, no rebates on early settlements, DPA breach, PPI misslelling, fraud, mysterious charges, misselling part of the loan, the list goes on.........

 

Very interested to see what you get back from them

[Sol]

I'll keep you posted.

 

WFS are outwith the 8 week timescale for resolution of my PPI claim now, so that's being added as well.

[Dipply75]

Hi all welcome fighters. Anyone with a Mortgage with Welscum, have a look at this, hopefully you can get your voice heard as they REALLY need to know about the sort of scams youve suffered and posted on here:

 

http://www.consumeractiongroup.co.uk/forum/mortgages-secured-loans/205401-sub-prime-mortgages-call.html

 

Not sure if this could also apply to secured lending?

[Picador]

Hi all welcome fighters. Anyone with a Mortgage with Welscum, have a look at this, hopefully you can get your voice heard as they REALLY need to know about the sort of scams youve suffered and posted on here:

 

http://www.consumeractiongroup.co.uk/forum/mortgages-secured-loans/205401-sub-prime-mortgages-call.html

 

Not sure if this could also apply to secured lending?

 

Hi Dipply75

 

haven't had a chance to check the link but should apply to secured lending as they deem it a remortgage on credit files et all if it's secured on property...I'll be having a peek, still haven't paid them anything as flat hasn't sold but then they still haven't asked for any payments other than settlement for over a year now....wonder why?

[Menothappy]

Hi everyone,

 

Could someone have a quick look at my agreement and see if there is anything not right with my agreement ???

 

Anything that pops up could someone pm me please and point in in the right direction as to the first steps to take

 

Many thanks in advance

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0004-1.jpg

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0003-1.jpg

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0002-1.jpg

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0001.jpg

[Menothappy]

also can someone tell me, why my payment's are over 36 months, but the lifecare is over 60?

thanks

[postggj]

Ill Have A Look At Your Agreement But My First Thought Is A Con Which Would Invalidate The Agreement

 

If Welcome Work Out Life Care Over 60 Monts, Then Add It Into A Contract For 36 Months

 

Massive Profits For Welcome And Commission For The Sales Man

 

Ill Look At The Agreement Now Before I Put My Foot In It

[postggj]

This Is Very Wrong Going Over Statement Of Price.

On Both Policies , There Total Figures Are Out

 

Only About 20 Pence On Each But Think Of How Meny Customers Have These Insurance Products.

Someone, Prob Direct Group Are Making One Hell Of A Profit.

 

My Thinking Is Direct Group Are Being Paid Commission Which Has Been Undisclosed By Welcome With In The Figures

 

I Believe Also The Life Care Has Been Calculated Over 60 Months And Not 36

 

 

Naught Naughty Welcome

 

You Have Them By The Knuts

 

This Is Fraud By Any Ones Standards

[Menothappy]

Hi

 

Thanks for looking over it so quickly for me

 

I would like to know what the next step is now ??

 

And at what point would i be able to cancel my direct debit for them as i would be saving myself over £300 a month which is better in my pocket than theirs !

 

How do i go about it where my credit rating etc will not be affected ??

 

Also this loan was taken out and paid part of my previous loan off so are they charging me interest upon interest ??

 

Any info guys ??

[postggj]

The Last Thing You Need Is To Stop Payments

 

Get A Letter Of Dispute In To Welcome And See What There Reply Is First

[postggj]

When You Took Out The Second Loan, You Should Have Been Given A Settlement Figure

 

That Would Be Interest Rebate

Ppi Rebate Etc

 

Naught Welcome Again

 

Screw The Consumer

Max Profit

 

It All Goes In Your Letter Of Complaint

[Menothappy]

Sorry for sounding dumb but is there a template for the letter of dispute or any hints tips to put in it as i am no good at all this consumer rights stuff

 

massive thanks for your help so far

[postggj]

Ill Try And Draw One Up Later Tonight For You

 

No Doubt You Will Have Plenty More Replies

 

This Is Nothing New To Me Ref Welcome

 

Its The Way They Operate

 

They Sale Very Close And Reg Go Over The Edge

[Menothappy]

Am i also right in thinking i am affected by the so called PPI Insurance underwrited with Norwich Union ??

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0001.jpg

 

The more ammo the better i suppose ????

 

Cheers Postggj

[postggj]

Welcome Financial Services

Compliance

Ruddington Fields Biz Park

Ruddington

Nottingham

Ng11 6nz Send By Recorded Delievery

 

 

Dear Sir/madam

 

After Recently Having An Audit On My Credit Agreements With Your Company, Some Discrepency Has Come About For Which I Request An Explanation.

 

I Applied For A Personel Loan With You On Xyz

With In That Loan Was The Following Insurance Products

 

On The Xyz, I Applied For A Second Loan With Your Company Which Had Included The Following Insurancer Products.

 

I Was Not Informed Of A Settlement Figure For The Insurance Products Or Interest Rebate, In Fact, More Insurance Product Were Included In The Second Loan.

 

On The Statement Of Price, The Figures Are Not Correct.

On The Life Care 24, The Agreement I Signed Was Over 36 Months, The Life Care Has Been Calculated Over Sixty Months

A Monthly Payment Of £10.29 Over 36 Months Is £370.44.

Not £370,57 As Included On Your Statement. And Those Figures Are Over A Thirty Six Month Period, Not Sixty.

 

I Now Move Onto The Payment Protection On The Statement Of Price.

 

Thirty Six Payments Of £82,81 Brings A Total Of £2981.16,

Not £2981.02

 

To Be Brief In This I Require An Explanation As To How The Figures Differ On The Insurance Products.

 

Why No Settlement Figure Was Given Or Any Rebate Included In The Second Personel Loan

 

I Require That You Treat This Letter As A Letter Of Complaint And To Be Delt With By Your Complaints Dep And A Reply Given In The Required Time Scales

 

Print

 

Dont Sign Your Name

 

 

 

This Is A Very Rough Draft

Wait A Bit For More Comments

Things May Be Inserted Or Deleated But You Get The Idea

[postggj]

Am i also right in thinking i am affected by the so called PPI Insurance underwrited with Norwich Union ??

 

http://i2.photobucket.com/albums/y37/DuNnInG/scan0001.jpg

 

The more ammo the better i suppose ????

 

Cheers Postggj

 

 

NOW ILL BET MY HOUSE THAT YOU NEVER RECEIVED A STATEMENT OF MEANS OR UNDERWRITING SHEET.

SO THEY NEVER ASSESSED IF THE INSURANCE WAS SUTIBLE

DONT GET ME GOING YET ON UNDISCLOSED COMMISSION PAYMENTS

 

I KNOW THEY DO AS I HAVE THE PROOF IN BLACK AND WHITE

 

CRETINS

 

GLAD WE ARE THINKING ALONG THE SAME LINES

[andie_303]

All lifecare are 60 months regardless of the loan term - they make out they are doing you a favour if your agreement is less than 60 months if you die you still get paid out!!!

 

Obviously not so good if you die on the 61st month

[traz39]

mine loan was 36 month life care was 60 month

[traz39]

y do they do this are they allowed to:confused:

[postggj]

simple answer

 

no

no no

 

 

hang on for a few weeks

 

me and andie have welcome by the nuts big time

 

a lot is going on behind the scenes and soon to be made public for all

[The wife]

it even states in their policy book under:

 

Ending The Policy

Your cover under this policy will end on:

the date your credit agreement is repaid or is due to be repaid, or the date the credit agreement ends (for whatever reason);

 

sorry to butt in but thought as I have a policy schedule infront of me it might help to show what is written.

[postggj]

need i say more

 

thanks the wife

[The wife]

glad I could be of some use after all the questions I keep asking