Welcome Finance - This company needs to be banned.

[jdene]

could someone please take a look at my thread welcome finance ppi ripoff i need to get my POC together to take them to court for secret commissions it is a bit of a read but the last three pages are where i am at at the momment and had thier final sarcastic response FOS have been of no real help and seem to be backing them.

regards

jdene

[Voda]

Wow,

 

New graphics ....

 

This morning I had a letter from my local branch from a person called Txx Exxx asking me to contact them.

 

I already have a letter from their Complaints Dept agreeing that the branch cannot contact me by phone.

 

I have changed my phone number anyway.

 

So they must have been trying to call my old number so broke their Head Office instruction.

 

So I called them and witheld my new number naturally.

 

A man eventually answered and I asked for the woman Txx and he said that nobody of that name works here but is at another branch.

 

Probably another Welcome lie.

 

Anyway I said that my local branch is not allowed to call me and referred to the HO letter that confirmed this and he eventually found it.

 

Then he said where is your three monthly Income & Expenditure form.

 

I said that I sent it via Recorded Delivery in June and he said we don't have it.

 

He then started to become very arrogant and said you owe us money to which I said " I am now going to call HO and complain once again.

 

I then put the phone down.

 

Tried to get through to their Complaints Dept but was put in a queue and gave up after 12 minutes ....

 

I then called the Post Ofiice and it was never signed for and must have been lost in the post.

 

They also said that if it had been delivered and nobody was there to sign for the letter, then there would have been a report logged to this effect.

 

So not only are my personal details lost somewhere but I have to send this information to them once again.

 

This time I will send them via Courier who has to get a signature.

 

Anything to do with this company just makes me mad.

 

I loathe them with a passion.

 

Voda

 

PS. Which reminds me, I had better check with the Post Office that they have received my SAR.

[Voda]

Well Compliance has received my SAR at least

[Hacked_Off]

Ive had an offer from Welscum regarding my ppi. Im confused tho

 

IT says Total compensation offered : 1479.52

Compensation being applied to the balance of your current loan £285.85

Compensation being applied as an adjustment to your current loan £1193.67

 

also on the break down of how theyve worked it out, theres two different loan numbers. I have one loan and i signed one agreement????

[caspergav]

i also have to loan agreement numbers lol only differnce is i didnot sign the second one and the first one says on my credit report that it got paid off lol,which is why i am cca ing them with the second one cos i know they dont have an agreement for that one if they dont have an agreement with your signature on it then F them ps NEVER SEND A LETTER TO THEM WITH YOUR SIGNATURE

[Hacked_Off]

yes i know. The letter i sent them i put a big x threw it and used my old sig

[JonCris]

Ive had an offer from Welscum regarding my ppi. Im confused tho

 

IT says Total compensation offered : 1479.52

Compensation being applied to the balance of your current loan £285.85

Compensation being applied as an adjustment to your current loan £1193.67

 

also on the break down of how theyve worked it out, theres two different loan numbers. I have one loan and i signed one agreement????

 

Does the total sum offered exceed any arrears? If so they must pay the balance direct to you & not set it against the loans

[Hacked_Off]

well i havnt paid in months but i have no idea what the arrears are. oddly there not badgering me for payment. i still dont understand the figures.if i accepti get 285? i dont understand the loan numbers either. one says closed the other says active but i only signed one!!!! also they have been insisting for weeks i dont have ppi!!!!!!!!!!

[caspergav]

Get the ref number from ur credit file for the agreement u did not sign then cca them they will reply with a letter sayin to give them ten quid first,,dont send it,but instead cca them again,iv sent 5 cca requests and keep gettin same response,im building up paper work for ME taken THEM to court if u need any help just ask

[edwi69]

HI ALL

ANOTHER READ

 

 

http://www.independent.co.uk/news/business/news/cattles-had-hoped-to-offer-utopia-to-public-2035549.html

[Hacked_Off]

Get the ref number from ur credit file for the agreement u did not sign then cca them they will reply with a letter sayin to give them ten quid first,,dont send it,but instead cca them again,iv sent 5 cca requests and keep gettin same response,im building up paper work for ME taken THEM to court if u need any help just ask

 

haha is right.I sent them a cca ages ago and only got one agreement back. mmm ill have to dig it out cos i still have the original.

[lady golfer]

Hi, In March I got a letter from a company callled MKRR stating that they have taken over my account from Welcome. I have written a CCA to them allowing correct reply time and nothing. I also telephoned them last Wednesday and they told me it was in the post. De ja vu.......(with Welcome)......what do i do now?......I have been paying £100 per month to MKRR since May. I am paying no more monies to them as i believe that they legally do not have a leg to stand on if they cannnot produced legal documents? Please can someone give me some advise where togo from here. Very much appreciated.

[dx100uk]

lg

 

you are quite correct to stop payments

 

i'd start your own thread

 

then things willnot get confused on this mass thread here.

 

dx

[lady golfer]

I would appreciate if someone could lead me in the right direction for a template for account in dispute?..........I do not know how to start my own thread.........sorry.....thanks for reply.

[bry1y]

Hi im also having problems with welcome,they are adding £150 interest to my account every month,dont know what to do! can anybody help?

[steven4064]

Hi im also having problems with welcome,they are adding £150 interest to my account every month,dont know what to do! can anybody help?

You need to start by geeting all the info about your account. If you don't have regular statements, you will have to send a SAR with £10. Make sure you aske for the underwriteing sheet specifically if there is any insurance on your loan

[bry1y]

You need to start by geeting all the info about your account. If you don't have regular statements, you will have to send a SAR with £10. Make sure you aske for the underwriteing sheet specifically if there is any insurance on your loan

 

thanks,will do,they are phoning me 4 times a day aswell,shall i send the harrasment letter? & do i send it to head office or the branch?

[steven4064]

you could send the harassment letter - it won't make any difference though

[Fester Tester]

Hi, In March I got a letter from a company callled MKRR stating that they have taken over my account from Welcome. I have written a CCA to them allowing correct reply time and nothing. I also telephoned them last Wednesday and they told me it was in the post. De ja vu.......(with Welcome)......what do i do now?......I have been paying £100 per month to MKRR since May. I am paying no more monies to them as i believe that they legally do not have a leg to stand on if they cannnot produced legal documents? Please can someone give me some advise where togo from here. Very much appreciated.

 

Well, that seems to be a first. They appear to prefer first contact to be by telephone. Idiots.

 

I suspect, but I do not know for sure, that Welcome are selling on accounts where they know they would have trouble enforcing the debt.

 

Only time will tell. As yet, I haven't heard of anyone managing to get anything like a CCA from them, enforcable or not. Early days. But as they learn what this debt purchse lark is all about, at least we'll get to see at first hand whether or not Welcome have stitched them up good and proper.

 

Since they don't appear, from what you say, to have come up with a satisfactory response to your perfectly reasonable request for a copy of your agreement, you are not obliged to continue paying them a penny. I would NOT advise you to stop paying them. But I certainly cannot fault you for it.

[bry1y]

Well i have not sent the sar yet & have a mesage left by welcome to say phone us we have some good news for you!!! After them telling me 2 weeks ago we can sort this the nice or the nasty way! this company is awful....i just want to pay back what i owe them,not get ripped off with their charges...does anyone know what this good news could be??

[paulaiks]

hi guys

i have had a welcome loan for the last 2 years paying £132 a month

i have a year left to pay but really strugling to pay it now

what options do i have

[dx100uk]

hi guys

i have had a welcome loan for the last 2 years paying £132 a month

i have a year left to pay but really strugling to pay it now

what options do i have

 

start your own thread and post up the agreement

 

dx

[edwi69]

Cattles plc (CTT) - Financial and Strategic Analysis Review

[lcc1402]

Never done this before so I hope this works! My partner an I got a loan from Welcome Finance in September 2007 for £2500. We have missed payments along the way bet agreed to pay £200 pm compared to the £165 in the agreement. This has gone on for ages and the payments have been getting made each month. My credit report says my balance is currently at £2600 but then we received a phonecall from them saying we could pay off the loan at reduced amont of £3600! We have paid way more than this in the last 3yrs and our balance doesn't seem to be going down AT ALL! Our agreement was over 3yrs and this comes to an end in September this year. I feel like telling them they can stick it and that i'm not paying them another penny but i'm not sure how this will pan out. Do I have any rights to do this and what will happen if I do? I have also had the usual problems with them such as up to 13 calls a day, doorstep visits and bitchy staff. My partner an I both work, have a mortgage and 3 kids under 6yrs and we are really struggling to keep up these outrageous payments when they don't seem to be making any difference to the balance. Did you or anyone else have any luck in getting rid of these leeches? Please help!!!

[dx100uk]

Never done this before so I hope this works! My partner an I got a loan from Welcome Finance in September 2007 for £2500. We have missed payments along the way bet agreed to pay £200 pm compared to the £165 in the agreement. This has gone on for ages and the payments have been getting made each month. My credit report says my balance is currently at £2600 but then we received a phonecall from them saying we could pay off the loan at reduced amont of £3600! We have paid way more than this in the last 3yrs and our balance doesn't seem to be going down AT ALL! Our agreement was over 3yrs and this comes to an end in September this year. I feel like telling them they can stick it and that i'm not paying them another penny but i'm not sure how this will pan out. Do I have any rights to do this and what will happen if I do? I have also had the usual problems with them such as up to 13 calls a day, doorstep visits and bitchy staff. My partner an I both work, have a mortgage and 3 kids under 6yrs and we are really struggling to keep up these outrageous payments when they don't seem to be making any difference to the balance. Did you or anyone else have any luck in getting rid of these leeches? Please help!!!

 

you need to start your own thread.

 

do some reading in the welcome forum too

 

they are the biggest leechers ever and i would suspect they owe you!

if you're getting 13 calls a day, thats 13*£25 they are charging you.

 

you can claim EVERYONE of those call charges back & the letters charges and a whole lot more +++++interest on top.

90% of the time welcome owe you!! ... that is if the agreement is not pants as well!!

 

start your own thread and do some reading

 

dx