Welcome Finance - Is This Enforceable??

[Fester Tester]

FESTER

 

i DONT WANT TO APPEAR RUDE, BUT I DONT LIKE YOUR TONE EITHER, IN THIS POST OR SOME OF YOUR OTHERS....JUST EXACTLY WHAT ARE YOU HERE FOR?

 

THE REST OF US COME ON HERE TO HELP EACH OTHER....SOME OF YOUR POSTS ARE JUST DOWN RIGHT OFFENSIVE TO THE OTHER CAGGERS!!!!

 

DO YOU NEED HELP WITH WELCOM OR CABOT PROBLEMS????

IF THIS IS THE CASE THEN I APPOLOGISE...PLEASE START YOUR OWN THREAD AND WE CAN ASSIST FROM THERE!!

 

B-O-2

 

There is a world of difference between asking for help, and expecting everything to be done for you. If you cannot grasp the concepts involved, it can turn very ugly should you end up having to defend yourself in court.

 

Sorry if it offends.

[emanevs]

never mind about all that!

 

can anyone help me???

 

im not in that argument.

[postggj]

hi emanevs

 

sit back and take a long drink,

lets deal with this now

 

sorry ive been off air

my 3g dongle crashed and had to wait for a replacement

 

i realise this is a worry but these things take time, you cant rush these things.

 

welcome have a habit of getting to push the right buttons, lets turn them off.

 

dont take this the wrong way but quite a few caggers have delt with welcome and are more than happy to give advice,

 

this is not directed at you emanevs but all caggers

 

lets keep it civil

 

even i get into a debate now and again and work through it,

if you are wrong, put your hands up and move on

 

its the only way we learn and its welcome who is the real enemy

 

 

ill have that letter for you by the time i turn in

 

chin up

 

it realy is not that bad:)

[emanevs]

thank you, thank you, Postggi.

 

You help is what I need,

 

Sorry to keep on sending you Pm's

 

Cheers buddy,

[emanevs]

bump!

[emanevs]

Desperate to get that letter to Welcome.

 

I have stopped paying them last month, they are ringing me everyday.

 

please, please help.

 

I dont want to send them a letter with the wrong info.

 

cheers

[emanevs]

bump

[MARTIN3030]

Postggi is online now and so will prob sort you with the letter.

What is the frequency of the calls ?

[emanevs]

everyday at the moment, ringing from their mobiles as well not the office phone.

 

when i spoke to them yesteday, they wanted to know why my cc was cancelled. didnt tell them anything.

 

hope postggi helps soon!!!

[emanevs]

still no letter?

[supasnooper]

Why not compose one yourself and then post it up to see if it's okay ?

 

After all, you know your case better than anyone else.

[postggj]

sorry

 

been having pc problems

(still)

 

keep watching your thread ive not forgot

[emanevs]

Hi postggi,

 

If you send me a pm when it will be ready, it would help.

 

many thanks,

[emanevs]

bump!

[emanevs]

bump!, any help with that letter please

[emanevs]

Hi postggi,

 

please can you pm me about the letter?

 

still waiting - havent a clue whats happening with it?

 

thanks.

[postggj]

hi emanevs

as you know i had major computer problems

back on line mow and have reached you in my inn box order

 

give me an hour and ill have a letter for you

 

regards

[emanevs]

thx postggi

 

sorry to be a pain in the ***e!!

[emanevs]

hi postggi,

 

hows the letter?

[saintly_1]

Can I point out that this is really a self help forum ........... why not as suggested compose a letter yourself post it up so that it can be 'tweeked'.. you best know your own case and as pointed out previously all template letters can be amended.

[emanevs]

i know its self help, its just that postggi was going to help me.

 

I dont want to mess this all up, to start with I dont know what template to use as a starting point.

[postggj]

Account number

 

 

dear sir/madam

 

 

after having an audit on my agreement, I am requesting clarification from you as to the validity of the agreement,

 

 

the agreement in question is a secured personel loan,

 

 

as you are aware I applied for this loan on xyz

welcome financial services sent me the agreement on

I completed the agreement on xyz and sent back to welcome finance on

welcome financial services paid xyz into my account on xyz.

 

 

At no time was the agreement signed at a welcome office or any face to face negotiations entered into.

 

 

On entering a secured loan, fourteen clear days for a cooling off period needs to be applied.

I was never given this fourteen day cooling off period.

 

 

The cancellation period begins on the date of the conclusion of contract and ends fourteen days from that date.

 

 

On xyz xyz was paid into my bank account, this was prior to the compleation of the fourteen day cooling off period.

 

 

Also,

 

 

my agreement had life policies incorporated into the agreement.

Under the distant selling regulations, these have a thirty day cancellation period, not fourteen.

 

 

 

 

 

 

 

 

Its important not to tip your hand at the moment,

keep it simple and let welcome hang themself with there reply

 

 

include the relevent statute below provided by cabine.

 

 

Just fill in the dates and send by recorded delievery

• Signed on trade premises cancellation
  Credit agreements signed at the trader's premises are not cancellable once both you and the finance company have signed the documents. At this stage, they become legally binding on both parties.
  

You may, however, have a very short window of opportunity to withdraw from the deal if the creditor has not yet signed their part of the agreement. In these circumstances, you should telephone the creditor immediately to establish whether the agreement has been signed. If not, inform the lender you wish to withdraw. Make a note of what was said and the name of the person you spoke to. You should then confirm your withdrawal in a letter. Send it by recorded delivery and keep a copy. Once you have withdrawn, you are entitled to a refund of any deposit you have paid. You should be aware that many retailers are entitled to sign credit agreements for, and on behalf of, the creditor and, therefore, you would not be able to withdraw as it would be binding when signed by the retailer.

 

 

 

• Signed at home cancellation
  You have a statutory right to a cancellation period if you signed your credit agreement away from the trader's premises, e.g. you signed at home and you talked to the seller about the deal face-to-face (rather than only on the telephone). The agreement should contain a notice of your cancellation rights.
  

When you have signed the agreement, it will be sent to the finance company for an indication of the company's acceptance of the deal by adding an authorised signature to the agreement and sending you a second copy through the post. The cancellation period runs from the date you signed the agreement and ends five days after you received either the second copy signed by the creditor or a separate notice of your cancellation rights. In such circumstances, it is essential that you act quickly and notify the creditor immediately, in writing, that you wish to cancel. If you have not been given notice of your cancellation rights, the agreement is unenforceable. Keep copies of any correspondence you send and obtain proof of postage.

When an agreement and any linked transaction are cancelled, you are entitled to have any deposit you paid returned.

If you have entered and then cancelled an agreement, you do not have to pay interest on money received if it is returned within a month of cancellation or, if the credit is repayable in instalments, before the date of the first payment.

If you have received goods financed through an agreement, which is subsequently cancelled, you are obliged to take reasonable care of them and not dispose of them until they are returned to the supplier.

 

 

Distance Marketing Cancellation

The Regulations govern the sale of pensions, mortgages and other financial products by means of distance communication. This includes on-line sales, sales by telephone, fax or post and simply any sale where the contract is concluded yet the parties never meet face-to-face. This article will therefore be useful reading if you partake in the financial services industry as the Regulations will most likely apply to you.

 

Note, ‘financial services’ is widely defined in the Regulations, therefore think twice before you disregard them because you think they do not apply to you. For example, it includes any service of a banking, credit, insurance, personal pension, investment or payment nature.

 

The Regulations allow consumers to withdraw from financial services contracts entered into at a distance. This terminates the contract from the notice of termination being given.

 

The cancellation period begins on the date of the conclusion of the contract and ends 14 days from that date. The contract is concluded at the point at which the copy of the prior information is sent on paper or other durable medium, hence the commercial interest in sending the information as soon as possible.

 

In life insurance contracts the cancellation period runs from the date the consumer is informed that the contract has been concluded. The cancellation period in life insurance or personal pension contracts runs for 30 days instead of 14 days.

 

 

emanevs

 

most of us are not legally trained and offer advice on experience

 

you do need to understand your own case or it could go tits up

 

regards

[emanevs]

ta muchly!

[postggj]

send to compliance in notingham

[emanevs]

cheers