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Welcome Finance - This company needs to be banned.


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Hi Post

 

I have SAR'd the whole lot...

 

dealership, DG, NU, WF...

 

...and all of them are coming very close to failing to comply (about 5 days left). I have also had a final response from welcome regarding the misselling issue and yesterday found that my complaint had been closed and marked as resolved by the welcome muppets...

 

...thats why i ask, am i now in a position to put the account into dispute while contacting FOS...

 

Cheers

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Might Help To Mention Welcome Is On Its Last Legs Also

 

just saw this article on Reuters website..... UPDATE 1-Cattles bondholders demand immediate repayment | Industries | Financial Services & Real Estate | Reuters

 

I wonder if Welcome/Cattles have ever thought of sending a CCA request or SAR request to their creditors.....:D

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Just a thought............Cattles are in soooo much debt they must be insolvent then:-

 

How are they paying the wages ???

 

How are they covering the day to day running expenses ???

 

it is illegal for a director to continue to run up debts against an insolvent company

 

perhaps someone should ring the police..............

Beck

"There are two ways to conquer and enslave a nation. one is by the Sword. The other is by Debt."

 

Barclaycard PPI Refund £4300:whoo:

Barclaycard = Mexican Stand Off

 

TSB = Mexican Stand Off

 

Santander = :mad2: MungyPup is coming to get yahh :mad2:

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Just a thought............Cattles are in soooo much debt they must be insolvent then:-

 

How are they paying the wages ???

 

How are they covering the day to day running expenses ???

 

it is illegal for a director to continue to run up debts against an insolvent company

 

perhaps someone should ring the police..............

 

But cattles think they are above the law...always have:D.

Heres the number though if you want to give them a call ...999:p

 

it does make you wonder though...are the threat monkies numb enough to work for free?? of course they are they havent got an ounce of brain cell between them all!!

 

b-o-2

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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I just had a great chat with Carl my local advisor at Welcome finance.

 

I am now considered a valuble customer and they have great news for me...(I think this is great, tell me more Carl)

 

They have devised an excellent scheme for me to save money on my loan!!! (About time Stewie thinks, Tell me more Carl)

 

They have three options for me:

 

- Pay off my total loan amount from any savings I have, NO incentive or reduced amount

 

- Pay in a lump sum into the loan to save me interest.

 

- Pay a higher amount into the loan each month to save me money on interest! No incentive again...

 

At this stage I asked Carl to stop calling me!!!

 

What a bunch of [edit] time wasters. That was 8 minutes of my life I wont ever get back again thanks to those [edit]s!

 

Time to get back into this fight with Welcome.

 

Stewie

Edited by steven4064
swear filter bypass removed

I need to change my avatar..But cant find a good replacement.

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I just had a great chat with Carl my local advisor at Welcome finance.

 

I am now considered a valuble customer and they have great news for me...(I think this is great, tell me more Carl)

 

They have devised an excellent scheme for me to save money on my loan!!! (About time Stewie thinks, Tell me more Carl)

 

They have three options for me:

 

- Pay off my total loan amount from any savings I have, NO incentive or reduced amount

 

- Pay in a lump sum into the loan to save me interest.

 

- Pay a higher amount into the loan each month to save me money on interest! No incentive again...

 

At this stage I asked Carl to stop calling me!!!

 

What a bunch of [edit] time wasters. That was 8 minutes of my life I wont ever get back again thanks to those [edit]s!

 

Time to get back into this fight with Welcome.

 

Stewie

Oh that smacks of total depesperation.....the sands of time are running out for Welscum and their knuckledragging staff !!!

Edited by steven4064
see post 7772
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Oh that smacks of total depesperation.....the sands of time are running out for Welscum and their knuckledragging staff !!!

ooops i meant desperation lmao !!!!....thats what a two week old baby n lack of sleep does for ya !!!!

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I requested a SAR from Welcome 40 days is up..Nothing from them!!

 

Could someone please put me in the right direction to the letter to place the account in dispute whilst I contact FOS..

 

Thanks

 

you cannot dispute an account for non-production of SAR only CCA

 

report them to the information commisioner though

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you cannot dispute an account for non-production of SAR only CCA

 

report them to the information commisioner though

Thanks Andie

 

I received a Copy of the CCA..

 

But no SAR as yet ..

 

Where do I find details for the Information Commisioner?

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desperate as we all know

 

i do hope they are monthly paid

 

 

They are - I spoke to a Welcome monkey about a year ago, during the conversation he let slip that calls/demands/visits/letters etc tend to be highest around the 10 days at the end of the month - to meet their targets and get commission booked for the month.

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Cattles is courting legal trouble

More financial fallout, this time at sub-prime lender Cattles.

The debt-junkie – it owes something like £2.4bn – is trying to work out who gets their money back first, bond-holders or banks (always assuming of course that the company has any cash to scrape together once the restructuring is all over).

The problem is that while bondholders lent £750m to Cattles, the banks, led by RBS (of course), lent £1.3bn to Cattles and its subsidiary Welcome Financial Services.

The banks now claim that the terms and conditions they drew up with Welcome put them first in the queue for any cash.

One could argue that anyone who lent money to Welcome – a company that recently tripped up and fell into a £700m black hole in its accounts – deserves everything it has coming to it.

The banks, however, would disagree.

To decide who gets what, the parties have decided on the one track almost guaranteed to deplete what little money there is left in the pot – settle it in court.

Earlier this week Cattles filed a writ at the High Court against itself.

On top of everything else that is going on, Cattles is now suing its subsidiary Welcome Financial.

Genius.

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my car is currently unclamped...they clamped it on the 31 july and released it at 18.30pm on the 31 july...

 

i sent formal notice to welcome on monday 3 august giving them 14 days to responsed etc before action..with the help of postgg etc...

 

this morning 6aug i recieved this in the post

 

Image hosting, free photo sharing & video sharing at Photobucket

 

and

 

Image hosting, free photo sharing & video sharing at Photobucket

 

notice the top letter is dated the 31 july the same day they clamped my car..they must have wrote the letter and posted it before my car was even released.....

 

what should i do????????

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