Hello all I have recieved this letter today.... http://i722.photobucket.com/albums/ww223/1sammyc1974/Page1of2001.jpg http://i722.photobucket.com/albums/ww223/1sammyc1974/Page2of2002.jpg What do i do now send them the calculations.......

I'm now worried that i'm in the wrong. and i'm finding it hard to understand this acceptance fee thing. Are they supposed to just add on the acceptance fee and not charge interest on it, so it would be part of the charges for credit.

Hi Just spoke to Tracey Barker Customer Service Exec. and she said my husband should recieve a letter from them tomorrow explaining everything that is going on............ So now i'm Wondering.............What happens next......Court

Update... Recieved a letter from welcome yesterday: Thank you for bringing to our attention your complaint regarding your welcome Account. As per previous correspondance i understand that you do not want anyone from welcome to contact you via the telephone, however i do need further information as to why to why you believe the agreement is not enforceable. I have checked your agreement and both yourself and a member of staff from welcome have signed it. Can you please contact me either by phone or letter in order for me to look in to this matter further. Please contact me at your earliest convenience so i can assist with your complaint. So where do i go from here as i thought that my letter i originally sent had made it quite clear what i wanted.... The default notice i recieved runs to next Thursday.........

Sorry to be a pain but if i don't recieve a response from them by the time the 14 days for default is up can they just come and take the car...

Hi all Just to say i have posted the letter today giving them 14 Days to respond, silly question but will i get back payments that have already been made and should i report them to the FOS... Thanks

4th March 2009 Account Number: To Whom It May Concern, I have looked through my Credit agreement and noticed that you have charged interest on the Acceptance fee, which means that the agreement cannot be enforced as it hasn’t been executed properly, I would therefore ask that you cancel the agreement to avoid any future costs. I believe that this matter has already been decided for you ‘Wilson V First County Trust Ltd’. Many Thanks haven't printed it yet thought i would wait for your opinions :idea:

Thank you all for your help i will keep you updated, gonna type up letter and get it posted special delivery,

Not being stupid or anything but what sort of info do i need to put in the letter and if it goes to court will i need solicitors etc. When you say you won, what happend (nosey i know) Thanks:cool:

Hi Will someone be able to give me some pointers on what to do next.

http://i722.photobucket.com/albums/ww223/1sammyc1974/Page1of2.jpg http://i722.photobucket.com/albums/ww223/1sammyc1974/Page2of2.jpg http://i722.photobucket.com/albums/ww223/1sammyc1974/Page1of2-2.jpg http://i722.photobucket.com/albums/ww223/1sammyc1974/Page2of2001.jpg Thanks for your help;)

Is there a template letter that i can send them if not what info should i include. Thanks

Credit for goods £6519.00 15% interest £977.85 per Year * 4 = £3911.40 Acceptance Fee £195.00 15% interest £29.25 Per year * 4 = £117.00 Finance Charges for Good = £4028.40. As shown on agreement Item T. PLUS Acceptance Fee = £195.00 Option Fee = £100.00 Charge for credit for goods = £4323.40 Charge for credit for insurances = £567.00 Equals Total Charge for Credit £4890.40. As shown in Item X PLUS Mechanical Breakdown = £650.00 Shortfall Extra Ins = £295.00 Goods = £6519.00 Total Amount Payable £12354.40. As shown in Item F Minus £100 Option Fee (Payable with final monthly instalment) Divide by 48 Months. = Monthly Payment of £255.30.

Hi I have been charged interest on the acceptance fee..

No I'm quite new to this please advise... Thanks

Hi All Just recieved a default notice from welcome finance today, but i believe that my credit agreement is unenforceable what d i do now...

Thanks for your help, I have done some calculations EG. Credit for goods £6519.00 15% interest £977.85 per Year * 4 = £3911.40 Acceptance Fee £195.00 15% interest £29.25 Per year * 4 = £117.00 Finance Charges for Good = £4028.40. As shown on agreement Item T. PLUS Acceptance Fee = £195.00 Option Fee = £100.00 Charge for credit for goods = £4323.40 Charge for credit for insurances = £567.00 Equals Total Charge for Credit £4890.40. As shown in Item X PLUS Mechanical Breakdown = £650.00 Shortfall Extra Ins = £295.00 Goods = £6519.00 Total Amount Payable £12354.40. As shown in Item F Minus £100 Option Fee (Payable with final monthly instalment) Divide by 48 Months. = Monthly Payment of £255.30. So i am presumming that this agreement is not enforceable, as i have been charged interest on my acceptance fee.

Hi all Please could someone have a look at the credit agreement from welcome finance for me, As i would like to know if it is enforceable. Many Thanks Sam http://i722.photobucket.com/albums/ww223/1sammyc1974/Page1of2-1.jpg http://i722.photobucket.com/albums/ww223/1sammyc1974/Page2of2.jpg

HI Balloon All the fee's i have listed are as folllows Insurances 1512.00 Acceptance fee 195.00 Finance charges 4028.40 Option Fee 100.00 Also £478.64 charges for visits letters and telephone calls It is for car finance that my husband took out two years ago, we are currently £1482.40 in arrears but welcome are claiming that we are £1737.00 in arrears, Many Thanks

Hi All I am about to claim back my unlawful charges and insurances from Welcome and i have a couple of questions 1. Can i claim back the finance charges for goods which is £4028.40. 2. What is the process for sending an S.A.R 3 Can i claim back my charges the same time i send off the S.A.R Thanks

Hi There, Can we claim back the Finance charges..... Thanks

Hi There I would like to claim back my Charges from Welcome, They are as Follows Insurances 1512.00 Acceptance fee 195.00 Finance charges 4028.40 Option Fee 100.00 I have also got numerous fee's for telephone calls which are supposed to be £5 but have been charged £10. can i claim all these charges or is there just certain ones. Thanks