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Welcome Finance

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sandra120000
sandra120000 Posts: 50 Forumite
My friend is thinking of getting a loan with Welcome Finance. Has anyone got any information at all about this company please.

Thanks.
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Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Only use as a last resort!!
  • lukemed1
    lukemed1 Posts: 511 Forumite
    AVIOD LIKE THE PLAGUE!!!

    very high interest rates, much the same as provident!

    Best wishes

    Luke;)
  • Cumbrian_Male
    Cumbrian_Male Posts: 1,513 Forumite
    1,000 Posts Combo Breaker
    I know someone who borrowed £5000 over 5 years.

    Repayments were £200 x 60 months = £12000.

    They are part of Cattles group who also own Shoppacheque.
    I have a cunning plan!
    Proud to be dealing with my debts.

  • Broken_hearted
    Broken_hearted Posts: 9,553 Forumite
    Try norton or swift they will charge you less. The best advice however is leave it till they can afford to get a loan with a better company.
    Barclaycard 3800

    Nothing to do but hibernate till spring






  • sandra120000
    sandra120000 Posts: 50 Forumite
    Thanks very much for the replies.

    Have passed on the messages to my friend. She says that she has a bad credit rating and so she thinks that no other company will give her a loan. Does anyone know of any other companies that she could consider using at all?

    Thanks
  • daveybaby_2
    daveybaby_2 Posts: 10 Forumite
    Could you please clarify if you have an affiliation to this company? -and therefore stand to gain from giving this "advice". The way your message is worded seems very much like an advertisement to me, and may even be steering the enquirer to a different yet still predatory firm which charges similar rip off rates. In this context, I dont think it is acceptable to reply by saying something like "well check it for yourself". Clicking on the link in your message may benefit you financially, as a "referral"

    sorry -particularly if im wrong- but if i dont get a satisfactory answer, I will report this message as spam


    rightjhon wrote:
    Is your poor credit rating stopping you from getting the cash that you have been long awaiting for? Get an access to the cash with a poor credit loan arranged at Best Tenant Loans UK specifically for the UK residents.

    Poor credit tenant loan is suitable for tenants who have a poor credit history. You may have poor credit rating due to any of these - county court judgements, defaults, bankruptcy or arrears. Whatever may be the reason we can arrange a tenant loan for you at low interest rate

    Best Tenant Loans UK can arrange for tenant loans instantly to help tenants in the UK to meet instant cash needs. Instant loans can be a solution to your urgent cash need. You can use the loan amount to meet any contingency, what ever it may be
    money never sleeps!
  • daveybaby_2
    daveybaby_2 Posts: 10 Forumite
    I particularly object to this bit below....
    rightjhon wrote:
    Each one of you is important for us. We understand the fact that each individual is different thus aim to give individual attention to each individual's needs and expectations.

    ......yeah, right. where have we heard that before?
    money never sleeps!
  • Warriorsith
    Warriorsith Posts: 441 Forumite
    Part of the Furniture 100 Posts Combo Breaker Uniform Washer
    Yer i thought that about 'Rightjhon' message when I first saw it, it does come across as an advert. Unless he can clarify it's not.

    Any way I'd avoid Welcome Finance like Bird Flu, it's not worth the risk, their repayment percentage are just too too steep.
    "I AM THE GATEKEEPER OF MY OWN DESTINY" Nacho Libre

    'Proud To Be Dealing With My Debts' :DDFW Member No.495
  • Cumbrian_Male
    Cumbrian_Male Posts: 1,513 Forumite
    1,000 Posts Combo Breaker
    Thanks very much for the replies.

    Have passed on the messages to my friend. She says that she has a bad credit rating and so she thinks that no other company will give her a loan. Does anyone know of any other companies that she could consider using at all?

    Thanks

    I would suggest your friend gets copies of her credit file from the credit reference agencies to see what is on her file.

    Then when she knows the full story she will be able to make a more informed decision.
    I have a cunning plan!
    Proud to be dealing with my debts.

  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    i saw an item on TV last week about a new company which will give you your credit info for free - at the moment they are starting up in Devon and Cornwall, and will cover the rest of the country as the demand shows itself, and are asking folks to register on their website - trouble is, i 've lost the bit of paper i wrote down their name on !! anyone else see this piece please ?
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