Welcome Finance - This company needs to be banned.

[confusedbywcf]

so in plain english does that i mean i can stop paying and they cant enforce the loan

[postggj]

you need to send welcome a letter by recorded delievery

 

tell them to send an up to date statement as confirmed by the cca,

 

give them seven days or you will be putting the account into dispute and with holding payments until compliance

 

this covers you if you have to go to the fos

[Karrie2129]

I am just going to send a CCA request I don't imagine they will comply as it is obviously too much trouble to do what they are suposed to when they are suosed too and it sounds as though they have their hands full already!. If I dont receive copies of these statements and proof of posting though well I might be asking them to review the situation and I know I can stop paying with the full force of the law behind me...

[antonia26]

hi antonia

 

please start your own thread and ill jump in

Hi postggi i don't know how to move it but would like any help that i can give to my mother ,out of all debts which she has managed this is the only one she's had trouble with.

[confusedbywcf]

you need to send welcome a letter by recorded delievery

 

tell them to send an up to date statement as confirmed by the cca,

 

give them seven days or you will be putting the account into dispute and with holding payments until compliance

 

this covers you if you have to go to the fos

 

thankyou i will do that 1st thing in the morning

[postggj]

antonia

click on this link

scroll down to start new thread

click and you are away

 

Welcome Finance - The Consumer Forums

[GhostDebt]

http://www.cattles.co.uk/picture/upload/file/EGM270809.pdf

 

Link from the LSE forum to a document about the Cattles Invoice Finance Disposal..

[postggj]

cattles have at last acknowledged it has no working capital

now is that why its winding up, you bet

 

priceless

[Millymo]

Hi Post - I have sent you a PM re FOS response to interest on acceptance fee. Your advice would be appreciated.

[confusedbywcf]

i thought i would give dg a call re any insurances that may still be valid even though according to my branch all insurances were stopped when i did the re-write in 2007, and surprise surprise i still have shortfall insurance which the nice lady at dg is going to forward my documents...i would stronly advise any welcome customer to check with d and g

[brassed-off-2]

Hi Post - I have sent you a PM re FOS response to interest on acceptance fee. Your advice would be appreciated.

 

Hi Milly

 

I would be interested to hear how you are getting on with this, as i have 3 seperate acceptance fees charged on original loan and 2 re-writes. I understand you may want to keep it out of open forum. please pm me with any info you can, that will give me any insight on how to deal with this!!

 

thanks in advance

b-o-2

[Sarah1981]

Hi,

Not sure if anyone can advise me on this, but last year we got finance through Welcome for a car, and we were told that in 12 months we could exchange the car as part of the agreement, 12 months on, they are now saying that Welcome car finance is no longer trading, so they no longer have that deal, but our finance arrangement is with Welcome Finance, NOT Welcome Car Finance. Also I called up today to try and differ next months payment and they advised if we don't make the payment (due beginning of next month) then the full arrears of £500 would be due. Didn’t know we were in arrears by that much, I thought we only missed one payment since taking the loan out and that was at the beginning of the year when I changed my job. I asked for a statement and was told that would be £20.00. :mad:Any advise would be gratefully appreciated.

[Fester Tester]

Bollix to their £20. Get a SAR off to them sharpish. If you reckon you owe less that £500, it's quite likely they have slapped on sundry charges and interest.

 

You'll get ALL your info that they have on you then, and not just a latest statement. Which they are actually obliged to send you on at least an annual basis anyhow.

[confusedbywcf]

Hi,

 

Not sure if anyone can advise me on this, but last year we got finance through Welcome for a car, and we were told that in 12 months we could exchange the car as part of the agreement, 12 months on, they are now saying that Welcome car finance is no longer trading, so they no longer have that deal, but our finance arrangement is with Welcome Finance, NOT Welcome Car Finance. Also I called up today to try and differ next months payment and they advised if we don't make the payment (due beginning of next month) then the full arrears of £500 would be due. Didn’t know we were in arrears by that much, I thought we only missed one payment since taking the loan out and that was at the beginning of the year when I changed my job. I asked for a statement and was told that would be £20.00. :mad:Any advise would be gratefully appreciated.

 

check all those useless extras foisted on you and get your money back such as ppi, gap, mechanical warranty etc

[pinklily0105]

Hi Milly, I would be really interested in any details you have about the acceptance fee, I have it on a few of my loans too. Any help would be much appreciated.

 

Thanks

[eeeezzzyy]

http://www.cattles.co.uk/picture/upload/file/EGM270809.pdf

 

Link from the LSE forum to a document about the Cattles Invoice Finance Disposal..

Might take a trip up to London on the 27th Aug...Could be an intresting day,

Cattles...broke, penniless, skint, bankrupt....The end is nigh

[Millymo]

Hi Milly

 

I would be interested to hear how you are getting on with this, as i have 3 seperate acceptance fees charged on original loan and 2 re-writes. I understand you may want to keep it out of open forum. please pm me with any info you can, that will give me any insight on how to deal with this!!

 

thanks in advance

b-o-2

 

 

bo2 I have sent you a pm

[GhostDebt]

Hi Millymo,

This is something we are querying too and are waiting some form of confirmation through this thread about it.

If possible could you give me a brief summary as well.

Many thanks

[Karrie2129]

And me! separate acceptance fees on original loan and two top ups!

[brassed-off-2]

i believe post is busy workink on pulling something out of the hat on this one...just a waiting game at the moment....

[Karrie2129]

Is it wrong to feel a little excited?

[brassed-off-2]

bo2 I have sent you a pm

 

thanks millymo..will get back to you soon!!

[brassed-off-2]

Is it wrong to feel a little excited?

 

imo we need to do as much digging and delving into this one, it is a major bug bear with me...

new customer/new loan/acceptance fee..

existing customer/loan rewrite/acceptance fee..

existing customer/ another loan rewrite/another acceptance fee..:-x

[Karrie2129]

:mad:What gets me is the people who haven't found this forum that think this is perfectly acceptable? Up until two days ago I didn't have any reason to think my agreement would be dodgy.....

[bankbandit]

Does anybody know what time the AGM will be over by and when news will be leaking out? Or will the ramifications take a bit longer to fully come out? May be fun just to phone the local branch see if they've heard anything, will charge them £10.50 for my time as well

And as someone who is just starting out on the CCA/SAR route thanks to all who've assited and good luck to those still fighting. Here's hoping they've sunk by the time people are reading this - they can then troll the local Jobcentre.