Welcome Finance HP

asbestross_2

Hi Guys,

After some advice on this one, as not really sure how to progress.

In 2006 I took out a car loan with Welcome Finance. Car Valued at £3500, with repayments of £216 per month. I cant remember the apr or specifics as rather stupidly my credit agreement was shredded when i moved house.

I had the car for 19 months, and made every payment on time of £216 a month (£4104). At the end of 2007, i gave the car back to finance company rather stupidly, and having discussed this on the phone with the finance company was told that the vehicle was valued at £3000, and as a result of handing back the car it would clear any oustanding amounts on the finance...so happily I agreed and left it at that.

Around two months ago, I had a call from a DCA claiming to be calling on behalf of welcome finance; chasing an outstanding debt of over £2k. I was astounded at this, and requested all information including copy of the original credit agreement and statement of all payments etc.

I have never received this. But have noticed on my credit file, I still have an entry for this debt for said amount. Can anybody offer advice as to where I stand, and what steps to take? If I legally owe this debt, then i'm more than happy to make payments and clear it...but annoys me that I was informed I wouldn't owe any further amounts: Did welcome just tell me this to take the car back and sell it, thus making more money than i owed?

Thanks in advance guys

Ross