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Welcome Finance Admistration query

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I have just had a phone call from a lady to advise my husband that Welcome have gone into administration. She asked me to get him to call her back as he's at work & can not accept personal calls during work hours. She said that due to some technicality (can't remember the phrase she used) that Welcome have to repay customers who have been over charged.... it was all rather confusing & am wondering how true it is - has anybody else had a phone call like this? I am not sure if she was one of these people who phone up saying you can reclaim you PPI on loans or if she was actually to do with Welcome - advice, please!!:think:

Comments

  • Tubbss
    Tubbss Posts: 444 Forumite
    Part of the Furniture 100 Posts PPI Party Pooper
    Hi

    Welcome finance are having severe problems at the moment but they ARE NOT in administration.
  • ILW
    ILW Posts: 18,333 Forumite
    It will be from some sort of claims company, hinting that they are from Welcome.
  • kharte2010
    kharte2010 Posts: 42 Forumite
    i have a loan with welcome finance and also a complaint re ppi

    i have had no phone calls or letters from them for over a month which i was due one on the 13th june


    wonder if they have gone under might give them a call
  • arbroath_lass
    arbroath_lass Posts: 1,607 Forumite
    I am not sure if she was one of these people who phone up saying you can reclaim you PPI on loans or if she was actually to do with Welcome - advice, please!!:think:

    You could phone Welcome - not the number she gave you.
  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    welcome wont call anyone to hand out money, its welcome after all
  • On the Welcome site it says they are not taking new applications, but I did wonder if she was from a claims company - she was rather vauge :)
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