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Welcome Finance
I have 6months to go on my agreement with Welcome finance and i called them today to find out a final settlement figure. Well i owe £1860.63 and they want £1770 when i suggested can we agree a final payment and i will make that today they stated they are not prepared to budge not company policy anymore. I have had the loan/hp with them for 42 months and the car was £6K to buy and total loan would have been around the £14k mark any advice on how i can get them to reduce the final settlement or can anyone confirm that they are able to do this and i best to pay what they are asking??:mad::mad::money::money:
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Comments
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For the sake of spending £90 I'd just pay it! They'll never budge on the amount as there's no reason to.PMA - Positive Mental Attitude
It works for me - you try it!0 -
Towards the end of a loan, most of the outstanding amount is pure capital borrowed with very little interest. Therefore, it's doubtful that you'll get them to reduce the amount any further.My posts are my own opinions based on my experiences and info gathered from sites such as this.
They are not a substitute for professional financial advice - but you knew that already didn't you?
VSP 2011 - Member #25 - Started 6th December 2010 - Total As Of 4th May 2011 (21 weeks in!) - £323.67/£500 - So far so good!0
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