Hi Andie, The branch (DMP) that I was using has never answered any of my letters and now I am back to the original branch and they will not answer my letters either..... They are a joke company, for sure..... Nitey nite. PS. Monaco GP this weekend .......

Hi Guys, I remember LMB being used by a Welcome staff member. I am sure that the translation is correct as I dealt with another office of Welcome (LMB) instead of my normal branch.

LOL !!!

I would trust a dinosaur far more than Welscum !!!

Good luck on Tuesday Andie. After that I suggest we look at informing Watchdog. Showing this whole thread to them surely will be of interest to their researchers. Enjoy the Grand Prix, I sure well. I wish I had a put a £100 on Jenson winning the F1 Championship at odds of 100 to 1 at the beginning of the season. Now, I gather its evens.

THIS COMPANY HAS TO BE STOPPED ...... They seem to think that all the rules and regulations do not apply to them. It's time we all approached "WATCHDOG " on BBC 1 Voda

Well at least RBS & HSBC will be better to deal with than Welcome Finance. I hope !!!

Sorry Andie, I changed my post to say: Quote: Originally Posted by Voda So basically all Welcome debtors will become RBS & HSBC debtors then? basically the money will go like this Tax Payer ---- Government ---- RBS ---- Cattles ----- tax payer + 60% APR

So basically all Welcome's debtors will become RBS & HSBC debtors then?

Andie, what are the chances of the banks pulling the rug? Cattles has a useful bargaining chip, however. If the banks pull the rug, borrowers will simply stop paying their debts and the money men will be left with diddly-squat.

That's good Andie. I hope you are right.

Somehow I didn't think that Welcome would fold. Also the Government wants the banks to have a share of the sub-prime market as they don't want unlicenced loan sharks to take over.

I can't be bothered with this thread anymore. Nite Voda

Here, Here

Why doesn't WF reply to letters unlike every other Company,Bank, Building Society that I have ever dealt with down the years and consider itself so superior.

And whatever happened to Gloucester?

I am not going to bother writing to this shower anymore. I am just biding my time by paying them a small amount each month and waiting to see what happens. They have given up calling me now and if I were to ever receive a letter from them, I would probably faint. I will decide when it suits me to go for a DRO, I'm in no hurry at all.

I have dealt with only three Welcome employees that I got on with. All three left WF in a hurry and have good jobs now with excellent prospects. As far as the rest that I have dealt with are concerned, they are sales people who have limited knowledge of anything as far as I can see. Their IQ level is quite low too. No, I am not very impressed with WF's training. Have a great weekend caggers. Weather looks good too. Voda

At last, we are seeing the final death throes of Welscum ....:D8-)

Morning amjestermoon, I am sorry to hear of your plight. But also look on the bright side that you can start again and will be free of Wellscum. I am going for a DRO soon and I will be free of these ba****ds too. At all times I have written to WF to keep them abreast of my financial position and apart from two letters from CRC Complaints, I have NEVER received one single reply from many letters that I have sent to their branch. At least I am not being plagued by phone calls from them as they know that they can't get " Blood Out of a Stone ". Take care Voda

Hi mojo8, Just like the one I received. They are trying to get in as much money as they can. I would not trust this bunch of confidence tricksters one second as they could drain a person's Bank Account in one second flat. If everybody across the UK with a Welcome Finance loan were to cancel all their Direct Debits for one month or more, then this loanshark type company would go belly-up immediately......... :idea:

I had a letter this morning from Welcome Finance, Data Services, Mail Centre, Middle Bank, Doncaster, DN55 1WG enclosing a Direct Debit mandate. They are having a laugh aren't they? If they were to read my letters ( which obviously they don't ) then they would know my current financial position. This company is ****.

Morning everyone, I see that you can still apply for a loan with Welcome's sister company. Shopacheck https://www.shopacheck.co.uk/apply/ 254.5% APR !!!!. That's crazy

Hi Traz, As I see it, it says that Cattles recently provided funding. I reckon it's a PR stunt. Have a great weekend. Voda Cattles, the troubled financial services company, has today released information showing that it is still lending to UK businesses. The company has a debt problem and this came to the fore yesterday when Cattle Shares (LON:CTT) were suspended. Green light for growth at GEM Cattles recently provided a new funding line to Green Energy Matters (GEF), a company that was formed to address growing concerns surrounding climate change. The amount of funding provided or the terms of the funding were not made available.

There are still staff at their Feltham, Middx office