We took a secured loan from welcome Feb 04 this has subsequently been settled however i see from the original credit agreement welcome have charged us £1650 for mortgage indemnity fee on a 15k loan can they do this anyone

applied for refund of charges totalling £600 24/03/07 this morning 02/04/07 capital one increase rate on purchases 34.94% cash rate increase 34.94% i contacted cap one and asked does this make it a new agreement first said yes twice then back pedalled to new format said it was in terms and conditions section 8 or something but they could not give me a reason why the t+c had changed . states on the letter you do not need to sign or return documents changes will take place automatically is this a new credit agreement ?

sorry should have said GE Money Home Lending is the new name formerly igroup .Good Luck

GE Money Home Lending Malvern House Croxley Business Park Watford Herts WD18 8YF

i have just requested the refund of my ppi from welcome which totalled £3363.58 including homecare?lifecare?? and medicare??? they have acknowledged reciept and are investigating hmmm .Can anyone advise can they add all the insurance at the start of the agreement and charge interest at 19.96% for the term on all of it is this misselling . There is also acceptance fee of £235 and mortgage indemnity fee of £1650 can they apply these on a 15k secured loan . Loan 15k +insurance 3363.58 + other charges 1885 total 20248.58 paid installments of 300.22 for 18 months cost to settle £19645 can anyone advise ,i have a similar ppi claim with m+s.