To keep it brief,
I had a secured loan with welcome in 2004.
Lost my house in 2008.
Welcome chased me for 5 years and eventually caught up with me
and arranged over the phone a new loan to cover the debt on an unsecured basis.
Here's where the problem lies,
I never signed a new agreement for the unsecured loan.
I have spoken to them on numerous occasions
and they simply tell me if I stop paying they'll take me to court.
I have spoken to the financial ombudsman but they can do nothing
as it is a case for the courts due to the welcome finance ruling in 2013
where no outside company are allowed to change agreements already within there book.
Where do I stand surely this is not enforceable.