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Secured Loan, Welcome Finance

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  • Re: Secured Loan, Welcome Finance

    Our secured loan was taken out in 2008 - it was not a rewrite. We also did not have any PPI.

    So far we have me, DT and Bazza on board. We need more people! Is there anyway that Admin could spread the word about? I have deliberately not started this thread on VIP so that we get more people reading ......

    Thanks to everyone for your input and support so far :goodjob:

    Comment


    • Re: Secured Loan, Welcome Finance

      Originally posted by Ruby View Post
      Our secured loan was taken out in 2008 - it was not a rewrite. We also did not have any PPI.

      So far we have me, DT and Bazza on board. We need more people! Is there anyway that Admin could spread the word about? I have deliberately not started this thread on VIP so that we get more people reading ......

      Thanks to everyone for your input and support so far :goodjob:
      Thank you!
      Have "reported" your last post and second your plea for more people to join in!:judgey:
      Never give up, Never surrender.

      Comment


      • Re: Secured Loan, Welcome Finance

        Not only that three of the directors were up to no good by hiding accounts to bolster the share price and allow,the Cattles group(the parent of Welcome) to borrow more cheaply. When it all came out the the directors concerned went to prison. The fraudulent on for ages as the people involved were the managing g dire tor the financial director and the compliance director. They just happened to be the reporting routes for any concerns.

        Comment


        • Re: Secured Loan, Welcome Finance

          We have today received a letter from Welcome offering a Reduced Settlement Opportunity to clear our account.

          Has anyone else had one or made an offer in which they accepted ?

          I am just curious.

          Comment


          • Re: Secured Loan, Welcome Finance

            Not yet but I would not trust them!
            Originally posted by Bazza View Post
            We have today received a letter from Welcome offering a Reduced Settlement Opportunity to clear our account.

            Has anyone else had one or made an offer in which they accepted ?

            I am just curious.
            Never give up, Never surrender.

            Comment


            • Re: Secured Loan, Welcome Finance

              Originally posted by dogtired View Post
              Not yet but I would not trust them!
              It makes we wonder even more that there is something not quite right with the loan :tinysmile_twink_t2:

              Comment


              • Re: Secured Loan, Welcome Finance

                Bazza, I got one of those letters earlier this year. They have already in writing said they would accept 60% discount. I am sure I could negotiate further, but would rather in the meantime keep the money in my own pocket, especially after DT's experience!

                Comment


                • Re: Secured Loan, Welcome Finance

                  Would not accept it anyway, crafty ploy from them, I think.

                  Originally posted by Ruby View Post
                  Bazza, I got one of those letters earlier this year. They have already in writing said they would accept 60% discount. I am sure I could negotiate further, but would rather in the meantime keep the money in my own pocket, especially after DT's experience!
                  Never give up, Never surrender.

                  Comment


                  • Re: Secured Loan, Welcome Finance

                    Originally posted by dogtired View Post
                    Would not accept it anyway, crafty ploy from them, I think.
                    Thanks. I also had one previously in which I made a cheeky offer. They wanted to negotiate further in which I declined.

                    Now I have received another in which this time I will just ignore.

                    Comment


                    • Re: Secured Loan, Welcome Finance

                      Just think they want as many "assets" as possible for the final winding up.
                      Wonder how many " victims" have accepted this kInd "offer"

                      Originally posted by Bazza View Post
                      Thanks. I also had one previously in which I made a cheeky offer. They wanted to negotiate further in which I declined.

                      Now I have received another in which this time I will just ignore.
                      Never give up, Never surrender.

                      Comment

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