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Welcome finance / Cattles
Gregstac
Posts: 34 Forumite
If Welcome go to the wall does this mean any claims for missold ppi go with it?
Greg
Greg
0
Comments
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If welcome go to the wall I assume you mean that if they go under, you would then beable to claim perhaps through the FSCS for loans taken out since 14th January, 2005 only OR Otherwise you could try to claim through the actual insurer/underwriter as fos are accepting complaints against them for some misselling if the firm is no longer trading etc. All would not be lost yet.If Welcome go to the wall does this mean any claims for missold ppi go with it?
Greg0 -
Welcome will not go to the wall. The current plans are to scale the company down over the next 2 - 3 years when it will be closed down. Your claims will, therefore, not be affected.0
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