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Welcome Loans?

Hi, I am considering taking out a loan with Welcome Loans and was wondering if anyone has any info on them, good or bad. They charge an admin fee that's why I am a bit unsure whether they are for real or not. Thanks

Comments

  • drjones
    drjones Posts: 67 Forumite
    I'll tell you if it's a scam or not, but I require a £60 upfront fee please.


    (Seriously though, it's a scam http://forum.moneysavingexpert.com/showthread.php?p=45748646)
  • Tixy
    Tixy Posts: 31,455 Forumite
    Don't touch them with a barge pole. If you want futher confimation a quick search of this forum will tell you all you need to know.

    For that matter don't take out a loan with anyone who wants an admin fee or to know your card details.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you are looking at this type of company, you are NOT going to get a loan.

    Go into the Debt Free Wannabe board and find ways to dig your way out of this hole without trying to grab more debt.
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They aint known as "welscum" for nothing.
    Space available for rent
  • Saturnalia
    Saturnalia Posts: 2,051 Forumite
    I thought Welcome had gone down the pan?
    Public appearances now involve clothing. Sorry, it's part of my bail conditions.
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    That was Welcome Finance, this is Welcome Loans.

    An impressively tricky play on words making it impossible to notice a small change of name but with the same brigade of scammers underneath.

    Sneaky beggars!!
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