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Has anyone refused a welcome finance offer?
money-making-ideas-please
Posts: 11 Forumite
Hi All,
i just wanted to say thank you to everyone's advice. in particular for the free templates etc.
after a 7 week wait with Welcome finance the have finally agreed i am to be compensated just over £5,000! Which i owe to this sight :money:
here's the thing.....i had three settled accounts and one still with them. Welcome have said they put all the PPI into one and are putting the compensation the the existing loan. i have no problem with the PPI relating to my current loan but am furious that paid debts are being lumped into one pot!!!!
I think they should be caLculated separately. has anyone else been successful with rejecting an offer with similar circumstances?
btw ..i am still awaiting a decision on a pre 2005 PPI claim
thanks guys, you are an inspiration
i just wanted to say thank you to everyone's advice. in particular for the free templates etc.
after a 7 week wait with Welcome finance the have finally agreed i am to be compensated just over £5,000! Which i owe to this sight :money:
here's the thing.....i had three settled accounts and one still with them. Welcome have said they put all the PPI into one and are putting the compensation the the existing loan. i have no problem with the PPI relating to my current loan but am furious that paid debts are being lumped into one pot!!!!
I think they should be caLculated separately. has anyone else been successful with rejecting an offer with similar circumstances?
btw ..i am still awaiting a decision on a pre 2005 PPI claim
thanks guys, you are an inspiration
0
Comments
-
Your problem is that Welcome Finance is now in administration and has no funds of its own. The redress will come from the Financial Services Compensation Scheme, not Welcome Finance.
The FSCS will not cover losses relating to the sale of PPI before 2005, I'm afraid.0 -
Thanks, just wondered if anyone has has a successfull argument againts their ruling of lumping everything post 2005 together like that.:(0
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