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Mis Sold loans

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Hi,
I am looking for advice please on the following,
I have 3 secured loans with Welcome Finance G E Money and British Credit Trust and I have received a telephone call from a company saying that I have probably been mis sold these loans on the basis of the criteria not met by the seller like, was I told what commission they would receive.The company want 199 pounds up front and if I do not receive more than 3,500 in return I will get my money back.Apparently they have refunded more than 500,000 to Welcome Finance customers, sounds too good to be true but I am tempted.
Has anyone been successful with this love to hear your comments:(:

Comments

  • Tubbss
    Tubbss Posts: 444 Forumite
    Part of the Furniture 100 Posts PPI Party Pooper
    con con con con con con con!!!! To quote Monty Pyton - "Run away!!!!"

    Lots of postings on here with similar stories - pay your fee and never hear anything!
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    joethedog wrote: »
    , sounds too good to be true :

    Guess what....?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Were you born yesterday??

    No wonder these places make so much money!!

    Bewildered !!!
    Beware of imitations e.g. Robert Sterling
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Simply telling you what you want to hear in order for you to throw £199 at them.

    MSE wouldn't be the site it is today if so many people didn't throw money away before researching.

    There is no quick fix to your problem. The loans must have sounded a good, well thought out idea when you applied.
  • Run for them thar hills with your £199 tucked under your armpit.

    Got scam written all over it.
    Be happy, it's the greatest wealth :)
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