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Welcome Finance help


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Hi guys/girls

 

I currently have a loan with Welcome Finance which was taken out in jan 07. The duration of the loan was for 2 years. I pay 145 per month but missed 3 payments in the midle of last year. They hassled me quite a bit (but did not inform me about the exessive charges that these missing payments will be acruing!)but i found a job and could carry on making regular payments to the account. Now the 2 year period is nearly coming to an end so just another 3 payments i thought! how wrong i was! i now owe about £1800 not 3x £145. So what a shock i got. The problem lies that i cant find my original loan agreement form so i cant check to see if i have been charged PPI etc

So my questions are:

can i use the data protection act letter in the library to request a copy of my loan agreement form as well as using it for a full set of statements on the account.

 

Also where do i stand on the excessive charges they have applied to my account?

 

Is it just bank account charges that are being stayed at the local courts or is financial institutions aswell?

 

Kind Regards

Edited by whufc77

FACUP FINALISTS 06:D !

abbey- (the last fish to fry!)

lloyds tsb- £2458-lba sent 20/7/06

Barclaycard-£580, request sent 20/7/06

Tesco Finance -awaiting statements, !every little helps! 20/7/06

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Hi,

 

Send the sar so you can check the charges and PPI

 

 

ida x

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why isnt this thread in with the welcome finance thread?

 

kind regards

 

whufc77

FACUP FINALISTS 06:D !

abbey- (the last fish to fry!)

lloyds tsb- £2458-lba sent 20/7/06

Barclaycard-£580, request sent 20/7/06

Tesco Finance -awaiting statements, !every little helps! 20/7/06

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