Welcome Finance - This company needs to be banned.

[Voda]

Hi Steven,

 

I have modified this sentence on my SAR letter.

 

2) Copies of the Underwriting Sheet relating to my first loan agreement ( Account no: XXXXXXX )

 

to now read ( as it's more specific ):

 

2) Copies of the Underwriting Sheet relating to my loan agreement referred to above ( Account no: XXXXXXX )

 

Do you mean I should also add another paragraph saying:

 

Copy of the Underwriting Sheet relating to the Insurance Policy relating to my loan agreement ( Account no: XXXXXXX )

 

Oh yes, should I sign the SAR using my usual signature or just print my name in capitals.

 

Gotta get this right as I am sure you will all appreciate.

 

Thanks again

 

Voda

 

 

and, if there were any insurance policies included, ask for the underwriting sheet

[steven4064]

I think you should make it clear that the underwriting sheet relates to the insurance policies on the agreement.

 

It doesn't matter about signing a SAR (te issue wit signatures is on CCA requests)

[Voda]

Hi Steven,

 

Thank you so much.

 

Therefore I will say:

 

2) Copies of the Underwriting Sheet that relate to the Insurance Policies on my loan agreement referred to above ( Account no: XXXXXXX )

 

I will sign the SAR then.

 

Yep I remember the scandal of WF staff forging signatures ....

 

Cheers

 

Voda

[BEBOBEBO]

Saw this on Cattles Discussion are the Nails in the Coffin slowing going in....

 

Cattles plc - Order of the Supreme Court

On 13 May 2010, the Court of Appeal unanimously upheld the decision of the High Court on the application of Cattles plc (the "Company") to seek a determination in relation to whether the terms contained within certain cross-guarantee documentation operate to subordinate the Company's claims against its subsidiaries, including Welcome Financial Services Limited, to the claims of certain bank creditors, as explained in the announcement of the Company on 13 May 2010.

Following the order of the Court of Appeal, Party A applied to the Supreme Court for permission to appeal the Court of Appeal's decision.

The Company has today been notified that, on 26 July 2010, the Supreme Court ordered that permission to appeal the Court of Appeal's decision be refused because the application to appeal "does not raise an arguable point of law of general public importance which ought to be considered by the Supreme Court at this time, bearing in mind that the case has already been the subject of judicial decision and reviewed on appeal".

Consequently, the application of the Company has been finally determined to the effect that the Company's claims against its subsidiaries are subordinated to the claims of certain bank creditors.

[Voda]

Sure appears that way because as I read it, RBS have first call on any monies.

[steven4064]

RBS have first call on any monies that Welcome have to pay Welcome's debts. Therefore Cattles can't use it to pay theirs.

[kittiej]

http://www.consumeractiongroup.co.uk/forum/payment-protection-insurance-ppi/270776-letter-ppi-compensation-welcome.html

 

Would someone be able to look at my agreements re my claim and offer of compensation for mis-sold PPI with Welcome.

 

Thanks

[jdene]

could someone please take a look at my thread welcome finance ppi ripoff i need to get my POC together to take them to court for secret commissions it is a bit of a read but the last three pages are where i am at at the momment and had thier final sarcastic response FOS have been of no real help and seem to be backing them.

regards

jdene

[Voda]

Wow,

 

New graphics ....

 

This morning I had a letter from my local branch from a person called Txx Exxx asking me to contact them.

 

I already have a letter from their Complaints Dept agreeing that the branch cannot contact me by phone.

 

I have changed my phone number anyway.

 

So they must have been trying to call my old number so broke their Head Office instruction.

 

So I called them and witheld my new number naturally.

 

A man eventually answered and I asked for the woman Txx and he said that nobody of that name works here but is at another branch.

 

Probably another Welcome lie.

 

Anyway I said that my local branch is not allowed to call me and referred to the HO letter that confirmed this and he eventually found it.

 

Then he said where is your three monthly Income & Expenditure form.

 

I said that I sent it via Recorded Delivery in June and he said we don't have it.

 

He then started to become very arrogant and said you owe us money to which I said " I am now going to call HO and complain once again.

 

I then put the phone down.

 

Tried to get through to their Complaints Dept but was put in a queue and gave up after 12 minutes ....

 

I then called the Post Ofiice and it was never signed for and must have been lost in the post.

 

They also said that if it had been delivered and nobody was there to sign for the letter, then there would have been a report logged to this effect.

 

So not only are my personal details lost somewhere but I have to send this information to them once again.

 

This time I will send them via Courier who has to get a signature.

 

Anything to do with this company just makes me mad.

 

I loathe them with a passion.

 

Voda

 

PS. Which reminds me, I had better check with the Post Office that they have received my SAR.

[Voda]

Well Compliance has received my SAR at least

[Hacked_Off]

Ive had an offer from Welscum regarding my ppi. Im confused tho

 

IT says Total compensation offered : 1479.52

Compensation being applied to the balance of your current loan £285.85

Compensation being applied as an adjustment to your current loan £1193.67

 

also on the break down of how theyve worked it out, theres two different loan numbers. I have one loan and i signed one agreement????

[caspergav]

i also have to loan agreement numbers lol only differnce is i didnot sign the second one and the first one says on my credit report that it got paid off lol,which is why i am cca ing them with the second one cos i know they dont have an agreement for that one if they dont have an agreement with your signature on it then F them ps NEVER SEND A LETTER TO THEM WITH YOUR SIGNATURE

[Hacked_Off]

yes i know. The letter i sent them i put a big x threw it and used my old sig

[JonCris]

Ive had an offer from Welscum regarding my ppi. Im confused tho

 

IT says Total compensation offered : 1479.52

Compensation being applied to the balance of your current loan £285.85

Compensation being applied as an adjustment to your current loan £1193.67

 

also on the break down of how theyve worked it out, theres two different loan numbers. I have one loan and i signed one agreement????

 

Does the total sum offered exceed any arrears? If so they must pay the balance direct to you & not set it against the loans

[Hacked_Off]

well i havnt paid in months but i have no idea what the arrears are. oddly there not badgering me for payment. i still dont understand the figures.if i accepti get 285? i dont understand the loan numbers either. one says closed the other says active but i only signed one!!!! also they have been insisting for weeks i dont have ppi!!!!!!!!!!

[caspergav]

Get the ref number from ur credit file for the agreement u did not sign then cca them they will reply with a letter sayin to give them ten quid first,,dont send it,but instead cca them again,iv sent 5 cca requests and keep gettin same response,im building up paper work for ME taken THEM to court if u need any help just ask

[edwi69]

HI ALL

ANOTHER READ

 

 

http://www.independent.co.uk/news/business/news/cattles-had-hoped-to-offer-utopia-to-public-2035549.html

[Hacked_Off]

Get the ref number from ur credit file for the agreement u did not sign then cca them they will reply with a letter sayin to give them ten quid first,,dont send it,but instead cca them again,iv sent 5 cca requests and keep gettin same response,im building up paper work for ME taken THEM to court if u need any help just ask

 

haha is right.I sent them a cca ages ago and only got one agreement back. mmm ill have to dig it out cos i still have the original.

[lady golfer]

Hi, In March I got a letter from a company callled MKRR stating that they have taken over my account from Welcome. I have written a CCA to them allowing correct reply time and nothing. I also telephoned them last Wednesday and they told me it was in the post. De ja vu.......(with Welcome)......what do i do now?......I have been paying £100 per month to MKRR since May. I am paying no more monies to them as i believe that they legally do not have a leg to stand on if they cannnot produced legal documents? Please can someone give me some advise where togo from here. Very much appreciated.

[dx100uk]

lg

 

you are quite correct to stop payments

 

i'd start your own thread

 

then things willnot get confused on this mass thread here.

 

dx

[lady golfer]

I would appreciate if someone could lead me in the right direction for a template for account in dispute?..........I do not know how to start my own thread.........sorry.....thanks for reply.

[bry1y]

Hi im also having problems with welcome,they are adding £150 interest to my account every month,dont know what to do! can anybody help?

[steven4064]

Hi im also having problems with welcome,they are adding £150 interest to my account every month,dont know what to do! can anybody help?

You need to start by geeting all the info about your account. If you don't have regular statements, you will have to send a SAR with £10. Make sure you aske for the underwriteing sheet specifically if there is any insurance on your loan

[bry1y]

You need to start by geeting all the info about your account. If you don't have regular statements, you will have to send a SAR with £10. Make sure you aske for the underwriteing sheet specifically if there is any insurance on your loan

 

thanks,will do,they are phoning me 4 times a day aswell,shall i send the harrasment letter? & do i send it to head office or the branch?

[steven4064]

you could send the harassment letter - it won't make any difference though