Jump to content


Welcome Finance - This company needs to be banned.


tightbum
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4552 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

I have just started my own thread somewhere on here about welcome finance loan i have, just wondered if any of you above could help, you seem to know what your talking about. Hope i've done it right it's my first time on here, but i hear from a friend that you r all very good, hope to hear from you soon, thanks guys :confused:

Link to post
Share on other sites

  • Replies 9.6k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Seems I Have A Guest Following Me All Over The Forum Tonight

 

To Be Honest, Ime Quite Ugly And Not Looking For A Date

 

Well It Seems These Directors From The Past Are Trying To Cover There Own Backs

 

They Are Facing Prison For Up To Seven Years For Share Manipulation

 

You Can Run But Not Hide

Link to post
Share on other sites

Link to post
Share on other sites

WELL THE HOORAY HENRYS ON THE CATTLES SHARE TRADING FORUM ARE STARTING TO SEE THE LIGHT

 

Collecting all money receivable? WFS? Are you SERIOUS???? WHAT money? There's toxic. Then there's Chernobyl

 

I notice that if you Google for Cattles plc, that forum now beats even Cattles' own website into top place.

 

I wonder who that Luggerbugs could be? :|

Link to post
Share on other sites

Post, did you receive thre email i Sent you with my agreement atached?

Welcome Finance PPI ***WON***£650

 

Black Horse PPI ***WON*** £1200

 

CL Finance-County Court Claim-***WON***(well sort of-stopped them continuing with the claims)

Link to post
Share on other sites

Evening all,

 

Got a reply from Welcome regarding the credit file stating 181 months instead of 180 months. Posted on my thread if you fancy a chuckle..

 

http://www.consumeractiongroup.co.uk/forum/mortgages-secured-loans/187541-welcome-finance-response-cca-2.html

 

Regards

-

PLEASE NOTE - I am not a legal expert, my comments are based on information learnt or

obtained and from my own experiences.

-

Case 1 - C L Finance - Court Case 'Stayed' :-). Stay Lifted - N149 AQ Received & Filed. Case Struck Out :grin:

-

Case 2 - C L Finance - Defence Filed. N150 AQ Received & Filed. Case 'Settled by Consent' :)

-

Case 3 - EOS Solutions - No Agreement - Account Closed ~£3500. :grin:

-

Advice & opinions offered freely but informally, without prejudice & without liability.

Use your own judgment and seek advice from a qualified and insured professional if you have any doubts.

Link to post
Share on other sites

Evening all,

 

Got a reply from Welcome regarding the credit file stating 181 months instead of 180 months. Posted on my thread if you fancy a chuckle..

 

http://www.consumeractiongroup.co.uk/forum/mortgages-secured-loans/187541-welcome-finance-response-cca-2.html

 

Regards

 

Sounds Rollox to me...so are thye sayin you make 180 or 181 payments?

 

secondly they have done the same to mine. But i paid the first payment in the first month of the loan. So what nonsense would they make up for that one?

 

GrRRrrrrr they pee me off

Link to post
Share on other sites

No idea..:D but maybe you could complain and see what they say about yours. Either way it does sound like a load of carp...

-

PLEASE NOTE - I am not a legal expert, my comments are based on information learnt or

obtained and from my own experiences.

-

Case 1 - C L Finance - Court Case 'Stayed' :-). Stay Lifted - N149 AQ Received & Filed. Case Struck Out :grin:

-

Case 2 - C L Finance - Defence Filed. N150 AQ Received & Filed. Case 'Settled by Consent' :)

-

Case 3 - EOS Solutions - No Agreement - Account Closed ~£3500. :grin:

-

Advice & opinions offered freely but informally, without prejudice & without liability.

Use your own judgment and seek advice from a qualified and insured professional if you have any doubts.

Link to post
Share on other sites

Everyone Welcome customer must have the same 45 day window though - cos everyone has it.

 

Funny because if it was supposed to be like that why do I complain to experien every month and why every month do they change it to 36 - if it's supposed to be 37!

 

Funny you post that now as I have just logged another one as it was update day today and guess what happened - oh yes 36 becomes 37 once again.

Link to post
Share on other sites

Just been looking around various cattle forums and some people are of the opinion cattle has the money needed to repay!!!

 

 

{quote} I am informed that most of the debt as actually been collected to pay off the debt. And as been for a while now, they have restructured downsized the business to make it more effective to go forward in the future. I still think there maybe more to come before it is all whiter than white, but hopefully in the near future we can see these relisted and go on from there. I don’t think it will get back to its highs of last year. {quote}

 

also I found this

 

{quote OK, new to this board, just to clear up the confusion over the so called six months rule, quote 'the lse does not stipulate a maximum time a shrare can be suspended, apart from shares listed on the AIM, shares listed on there are automaticly delisted after a suspension of six months,' CTT are not listed on the AIM, so the six month rule means very little or nothing to CTT, this info can be found by typing 'LONDON STOCK EXCHANGE SUSPENSION RULES BIBLE' into google, by the way dont you think that if the six month rule did apply to CTT that the press would have picked up on it, they love to hate CTT. {quote}

 

Is this true?? Not very good news for us if it is. I have been waiting all year for welcome to go down the pan

:( now I dont know if it will ever happen

Link to post
Share on other sites

Just been looking around various cattle forums and some people are of the opinion cattle has the money needed to repay!!!

 

 

{quote} I am informed that most of the debt as actually been collected to pay off the debt. And as been for a while now, they have restructured downsized the business to make it more effective to go forward in the future. I still think there maybe more to come before it is all whiter than white, but hopefully in the near future we can see these relisted and go on from there. I don’t think it will get back to its highs of last year. {quote}

 

also I found this

 

{quote OK, new to this board, just to clear up the confusion over the so called six months rule, quote 'the lse does not stipulate a maximum time a shrare can be suspended, apart from shares listed on the AIM, shares listed on there are automaticly delisted after a suspension of six months,' CTT are not listed on the AIM, so the six month rule means very little or nothing to CTT, this info can be found by typing 'LONDON STOCK EXCHANGE SUSPENSION RULES BIBLE' into google, by the way dont you think that if the six month rule did apply to CTT that the press would have picked up on it, they love to hate CTT. {quote}

 

Is this true?? Not very good news for us if it is. I have been waiting all year for welcome to go down the pan

:( now I dont know if it will ever happen

 

Have they BOLLIX got the money they need. I suppose if somehow they were to magic their entire book debt into their sticky little mitts, they might manage somehow to stave off the wolves for a while. But since not one single customer will be in a position to repay their loan in one fell swoop, nor would they wish to, it's not going to happen.

 

But for the sake of argument. if that DID happen.... how do they carry on in business? They repay their debts, then try to lend money with... what exactly? Can YOU see anybody lending them a penny to start their nonsense all over again?

Link to post
Share on other sites

the six month rule is law under the companies act

 

if a creditor fails to publish its accounts, it will be suspended from the stock exchange for six months, then after six month the stock exchange by law has to eject them from the index (stock exchange)

 

the money cattles are collecting are going straight to the bond holders, not cattles

 

these payments that are being received just cover interest and penalty payments.

 

its not touching the debt capital at 1.5 billion (conservative estimate)

 

 

the bond holders are bleeding cattles dry to get back some of the capital investment before they pull the plug

 

the share holders are clutching at straws as they have lost there money, the bond holders get paid first

whats left goes to the banks

then the addministrators

 

there will be no scraps left

Link to post
Share on other sites

My only concern is that they will find the money to keep their debtors happy, change the company from a loan company to a debt collecting company and then come down heavy on us lot to get the money back. If they dont have the loan business anymore, they wont be bothered about that side of the business and can concentrate on retrieving money. They are seem to have got away with things for a long time and if I look back at how hoodwinked I was when they changed my agreement from HPI to CCA - they seem very good at the gift of the gab and I wonder if they will have enough of that to talk themselves out of trouble.

Link to post
Share on other sites

lets get rid of this debate

 

who has the capital to lend these jokers money

 

the banks they are pulling the plug

the bond holders

share holders they are history

 

since cattles invoice finance went, thats end game

 

why do you think the whole of cattles was not sold, only cif

 

they have no money even the buildings are leased

Link to post
Share on other sites

been told this is what will happen,feel free to correct me postggj,the administrators will keep the company running to collect on accounts while selling them off then once its not financialy feesable to keep staff and offices they will sell the toxic debt off to anyone who will take them for pennies

Link to post
Share on other sites

yes

 

its the bond holders who are pulling the strings

 

they want there capital invesment back

 

they have been trying to sell these accounts for the last 12 months

 

no one is interested as they are as stated toxic

 

it will cost more to try and collect for a private company than its worth

 

once these directors have been tried and convicted for fraud, the fsa will step on and call it a day

 

ime talking no consumer credit/data protection licence

 

they will prob be history well before that any way

Link to post
Share on other sites

Just been looking around various cattle forums and some people are of the opinion cattle has the money needed to repay!!!

 

 

{quote} I am informed that most of the debt as actually been collected to pay off the debt. And as been for a while now, they have restructured downsized the business to make it more effective to go forward in the future. I still think there maybe more to come before it is all whiter than white, but hopefully in the near future we can see these relisted and go on from there. I don’t think it will get back to its highs of last year. {quote}

 

also I found this

 

{quote OK, new to this board, just to clear up the confusion over the so called six months rule, quote 'the lse does not stipulate a maximum time a shrare can be suspended, apart from shares listed on the AIM, shares listed on there are automaticly delisted after a suspension of six months,' CTT are not listed on the AIM, so the six month rule means very little or nothing to CTT, this info can be found by typing 'LONDON STOCK EXCHANGE SUSPENSION RULES BIBLE' into google, by the way dont you think that if the six month rule did apply to CTT that the press would have picked up on it, they love to hate CTT. {quote}

 

Is this true?? Not very good news for us if it is. I have been waiting all year for welcome to go down the pan

:( now I dont know if it will ever happen

 

 

That is exactly why I can't go go on those forums because do you see how ridiculous is it??

 

Yeah so where has Welcome pulled (if their figures are to be believed :eek:) £850 million from?

Link to post
Share on other sites

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4552 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Guest
This topic is now closed to further replies.
  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...