I agree with DX just keep playing the game a fun one of mine was to say can you hold the line fr a second got my ipod out put on a song and left them hanging or just be really obscure hen they ask you questions it goes a little something like this. them - can you answer some security questions you - can you answer some security questions them - can you confirm your name DOB and tel number you - can you confirm your name DOB and tel number Them - this wont go away you - what wont go away them - we will keep ringing you you - congratulations you may be in line for a special prize, I just need your name address sort code and account details, could you just speak clearly for the tape as I have to record the conversation as proof. End of the day its SB they can do nothing at all, don't let it stress you just have some fun with it

Hi Mate been following this one, dont worry about the DCA you will find out that they are basically the same company technically speaking hence no notification of the transfer etc I had a battle with these clowns a few years ago and won. You do need to be patient when putting the claim form in, I'm not sure if its still the FSCS dealing with welcome claims as welcome were bent over a table due to their shocking practices, if it is you will be sent a questionnaire form to fill in for each PPI claim and you will only get 90% of what is owed to you. Welcome have been in serious financial trouble for a while now due to their scandalous lending practices so in essence the government is bailing them out. Good luck with it pal

What dx says lol Thats all it is it will be passed from pillar to post trying to bully you into making a payment etc. They cant send anyone to your house with out making an appointment before hand and with your permission. Oh and FYI only a court can order you to submit income and expenditure info. Believe me these DCA's have no power whats so ever. If you read any of their letters they are always full of the words 'may' 'possibly' never we will which means they can basically do didily squat with you

Watching this with interest, best of luck. FYI without going through your posts the bit where Lowel claim error of judgment on your part on relying on the CCA, if i'm not mistaken didnt you recieve a letter confirming your request BW where in it it clerarly states that it is YOUR LEGAL RIGHT to request this hence it being sent on to lowels? just something you could possibly use if needed?

You will get a bit as you were paying interest on it with your repayments My PPI was on the loan was £928 and I got back £1600 which included the interest CAPITALIZATION thats welcomes way of showing interest which should reduce as the payments are made every month A SAR will show every single bit of detail they have one you and I mean everything

My advice would be to put the account in dispute as you don't agree with their figures I would also send them a SAR You will need to send a £10 postal order to obtain this which takes up to 40 days I would bet my life on the fact that the monies you owe is made up of the charges they apply to the account and the interest added to that These are unlawful and can be reclaimed. I got my PPi back but because it was done through the FSCS you will only get 90% back and also because its through the FSCS it will be of set against any outstanding balance this is because welcome are still in default and are collecting their loan book and owe fortunes to their own creditors and shareholders

In short yes Any money they award you will first be set off against outstanding arrears or loan amount thats what they did to me

Right first things first get the PPI sorted out I can pretty much guarantee that the PPI will more than cover the what is outstanding plus a little left over When did you put the claim in because it can take up to 8 weeks to sort it out?

Forgive me for butting in but I notice that there is a MIF on one of the loans you mentioned for £3k surely thats wrong?

just want to say sorry i over estimated how much you paid by about a year whoops

Ok quick question here Has the acceptance fee be added to the loan? I could be wrong here but I am pretty sure u cant charge interest on an acceptance fee the acceptance fee should be a one off payment? I had a 2k loan with welcome that I was paying off I had 4 months left on it and when I inquired as to how much was left the total was nearly £1000 and I had been paying it off for nearly 3 years @£175 a month. Doing some quick sums you have paid back nearly 7K to date which represents an interest rate of nearly 35% not the 15.6 as suggested which seems very low for welcome in the first place I calculate you have paid back £6990.48 over 56 months thus far and the total repayments come to £7614.63 based on the info u supplied therefor subtract the 2 and u should have £624 left So something is wrong somewhere I cant make any sense of it! Top get any where near what the total of the repayments come to you need to add about 45% to the original amount of credit????

This says to me that maybe they don't want it to go to court as they know they will loose?

Definatley advocate the CCCS my partner rang them and it massively helps with working out what you need to do and how you can do it. It was the CCCS who advised her to open a new bank account because some of her creditors may have taken more money than what she could afford Don't worry you are defo in the right place. More info would be great on your situation if possible chers PDB1980

Welcome elite brokers - this is welcomes way of paying themselves commission on their own loan! They then charge you for the privilege and charge interest on top of it. Post will love this

Don't take this as having a go but, Never ever give you bank statement or wage details for them to copy They have no legal right to see your income and expenditure none what so ever! Only a court can ask for this I would be inclined to open a new account and close your current one because these sharks may just loot your account for the money.

You could be really difficult her and suggest that their response is also to vague - Im being serious here - and and you want them to respond in the same way again that is for me scare tactics. Remember the big thing in all of this is the fact that Welcome have 'ALREADY' upheld your complaint re the PPI so that kinda really knocks their statue barred defense out of the window - The direct question would be. ''if the time limit has reached why did you (welcome) previously uphold my complaint and have now decided to agre the point. For me there defense relies on 2 key factors 1 - They were not responsible for the loan - You can prove otherwise 2 - Statute of limitations - Why uphold your complaint in the first place, why wait till the 11th hour to use this as a defense I find you in an strong position here TBH For me the reason for getting you to re write the POC is just a stalling tactic no more no less

Ok kets deal with a couple of things here 1st -The 'WITHOUT prejudice' bit - it would appear that the letter is very much 'with prejudice' give what you have said - keep hold of that could be useful later 2nd - Strike out amendments to POC etc - Scare tactic in my opinion, in my experience (again limited) legal dept will use any and all tactics to get you to back down from your claim, one would assume this is the case. 3rd - The bit that they are aware re HFS/Capital one are disputing the fact - they have not 'just' become aware, they have 'always known' this was the case but were just hoping that you would not dig enough to find it out. To me it stinks of a fishing exercise to see how much you do know in particular the secret commissions ! (The main reason why they will not produce the underwriting sheet in the first place) Also, and forgive me here but have you not alleged from the begging that welcome did the loan and not HFS/Capital one? if yes why the need to change your POC also why did they award in your favor with the PPi in the first place. Basically their whole defense was based on the point of it being statute barred. this is not the case. Based on a sale of misrepresentation it is when you became aware. In a lot of welcome case that have been successful the simple fact that wins the case is the 'the insurance will guarantee the loan' Remember they have already admitted to this ergo the limitations comes from when you became aware of it. As hard as it is read between the lines a little and you should see the tactics they are trying to employ.

Split out for you hopefully that makes it all a bit clearer for everyone

Did you take them to court though? If you did I doubt they could have been silent for 7 months could they? In the case of Mr Z, Scums defense is that everything is HFS/Capital ones fault not theres. Mr Z is getting written proof from HFS/Capital one that this is not the case. I think it is natural for Mr Z to be a bit doubtful at the moment it is pretty daunting at the moment. Out of interest Mr Z have you managed to have a look at the applications presented by the claimants for this cases you have looked at?

I am pretty sure for the miss sell of PPI is the date from which 'YOU' became aware of it the clock starts ticking after that

If you have any or all of your statements add up 'ALL' the charges and add compound interest @ 8% from the date of the first charge to the last there is a calculator somewhere on her. The 8% is what a court would apply

Good. It is really in the interests to do so to avoid implication in the process - giving your details out etc - They will literally do what ever you want to stay out of trouble. Will you post the letter once it is done?

I think the phrase 'HOME RUM' could be applied here. Am so pleased you kept the faith with this. Also goes to prove what the legal people you spoke to were wrong also! The fact that HFS/Capital one have told you about commission being paid to them (secret commission I might add) is brilliant I would love to be a fly on the wall when Welcome see that information. I think could even render the agreement unenforceable? Welcome have constantly tried to use the 'you wont get anything from us because it was your broker who did it' line on a lot of people (including myself) as a scare tactic. Their response should be interesting, very interesting indeed.

I would echo what wannbedebtfreesoon has said you have done very well to get this far with little or no knowledge. I does seem tough right now and you cant see the wood for trees etc but remember that you only feel this way due to the defense response from the **** just remember how you were feeling when preparing your case. It is down to welcome to unequivocally disprove your claims. from their response it would appear to me that they have basically waffled their way through each point to make you feel bad. Oh and regard to it being with HFS (I believe) and not with welcome. HFs may have 'introduced' you (without your consent) does not matter the loan paper work has the scums name on it the payments go to **** all the mikey mouse insurances were 'sold by the ****. In other words 'if it looks like a turd, smells like a turd it generally is a turd!

Hi Mr Z my understanding (although limited) is that the claim comes from when you first became aware of the issue. To me If I understanding it correctly basically the barrister is saying that no-one in the uk has a claim at all due to the fact that the PPi example was sold in 2004 and you only processed for a claim in 2010 - Ask yourself why people are managing to get their money back claims started much longer than 6 years ago? Its because they DID NOT BECOME AWARE until a later date. I am a little unsure as to how the barrister claims that it is statute barred, i can only see that happening if you made the claim over six years ago and welcome have chosen to ignore or not respond to it? Also ignore the letters from welcome I would keep copies to add to your defense as your account is clearly in dispute and welcome should not be chasing you for anything I am sure the court would not look favorably on this I hope that is of some help