Welcome Finance any dealings???

[northland]

Hi All,

after some considerable time we have finally managed to throw off the shackles of Welcome finance. I went to my local office today and personally served them with A Subject Access Request, which I advised the manager she might like to forward it to head office along with my cheque for the £10 fee?

I was wondering if anyone else had had any dealings with Welcome and have taken action against them similar to mine. It would be great to get some feedback from anyone who has and what stage they are at or the conclusion of their action?

 

Hope to hear from you soon Bazza

Hi Falcon 185

 

Wrote to them 3 weeks ago, recorded delivery and they have not replied. First thing Tuesday morning I am taking my DPA into the main branch in Glasgow. Gonna file against these sods as soon as I get the information on the account from them and there 14 days are up.

 

Tony

[northland]

Hello All

 

Just came back home after personally lodging my DPA with Welcome Finance. I also told them in the letter that I was putting the account into dispute and they were not getting a penny more until either they settle up all the charges or the court reaches a decision. All told I left them a very unhappy bunch.

 

Tony

[northland]

Hi Dipply 75

 

I received details of my Welcome DPA this morning but unfortunately the post arrived after I went to work. The bad news for Welcome was that I wrote a very snappy letter last night to them and I posted it first this morning. Originally this account was with Watson Finance but they folded up in Jan 2004 and Welcome took over the account. The first thing they done was add on £75 for a Disbursal of fees (any idea what this is) I presume everyone that was with Watsons got hit with this. I told them that I required full disclosure of what paperwork they received from Watsons but needlessto say, no paperwork on that score. I requested a copy of their terms and conditions and once again nothing. Throughout the account statements the rate of interest charged is full of flaws. There is a difference in the rate of interest charged each month but the amazing part is they are charging more than £11 of a difference when the balance is lower than the previous month. I am back on the phone to them tomorrow and when I find out their monthly rate of interest I am going to rewrite the account history leaving out all the charges and then I file I will be doing so using the contractual rate of interest.

 

Tony

[northland]

Hi Seylectric

 

Since Jan 2004 when they took over handling this account this is the only time I have known what the so called balance was on the account. It was not until I put in my subject access request that I discovered what they presume I owe them. However by the time I am finished with them there will be very little left on the balance.

 

Cheers

 

Tony

[northland]

Hi Surreylad

 

Excellent piece of info, many thanks

 

Tony

[northland]

Certainly go for it.

 

Tony

[northland]

Cheers Mortgageman

 

Lots of sound advice there , thanks a million.

 

Tony

[northland]

Surreylad

 

As soon as they give me answers to the rest of the information I requested along with the subject access request then its straight to 14 days LBA and I shall file immediately.

 

Tony

[northland]

I will keep you posted.

[northland]

HI Guys, yes they are covered under the FSA, just cut and pasted this from their website ;-)

Welcome Financial Services is a trading name of Progressive Financial Services Ltd, which is authorised and regulated by the Financial Services Authority.[/quote

 

Hi to everyone persecuted with Welcome Finance.

 

I received my subject access info some 7 weeks ago, the info received was insufficient and despite three telephone calls and a further two recorded letters I am no further forward. To-night I bit the bullet and I have completed the court papers which I am filing in the morning. It may well be that I have dropped a few quid but a bird in the hand is always worth two in the bush.

 

There is nothing better than a nice surprise coming up to Christmas so I would encourage anyone who is in the same position as me to get Welcome into court; in that way 2007 is going to be some year for the ex-persecuted.

 

Strike while the iron is hot!

 

Laughing all the way to the bank:) . OOPHS:razz:

 

Tony

[northland]

Hi All,

after some considerable time we have finally managed to throw off the shackles of Welcome finance. I went to my local office today and personally served them with A Subject Access Request, which I advised the manager she might like to forward it to head office along with my cheque for the £10 fee?

I was wondering if anyone else had had any dealings with Welcome and have taken action against them similar to mine. It would be great to get some feedback from anyone who has and what stage they are at or the conclusion of their action?

 

Hope to hear from you soon Bazza

 

Hi Falcon

 

Welcome Finance took over the business of Watson Finance who my wife had a loan from and immediately they added on £450 to the balance. They claimed that this fee was legal cost which had to be bore by all persons who had existing accounts with Watson's.

 

Some time ago I received my wife's statements from Welcome and I redrafted the account, taking out all charges including the £450 and recalculating the monthly interest and presented them with the new account.

 

They were showing a balance of £1,258 and the new account showed £217. After many months of letters back and forth they sent an agent out to the house. He said that Welcome would take £500 off the account if I would drop this complaint. I refused.

 

Eight weeks later I got the court papers back and got them served on Welcome. Four days later they telephone and told my wife that the account was cleared off.

 

File the papers and take them to court and they will settle immediately.

 

Cheers