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Welcome Finance/HFO services

Good evening all! I had a loan in 2005 with Welcome finance, which was passed on to HFO Services. Loan is statute barred. Could i reclaim the PPI that i believe was mis sold to me, if so, would i correspond with Welcome or HFO?
Any help will be appreciated


[IMG]file:///C:/Documents%20and%20Settings/Gavin%20Hough/My%20Documents/Downloads/Welcome%20finance.jpg[/IMG]
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Comments

  • di3004
    di3004 Posts: 42,579 Forumite
    Hi there

    As the business are now in default and it looks like this was taken out after 14 Jan 2005 you can make a reclaim through the Financial compensation scheme (FSCS).
    Check for more details below, contact them and ask them to send you a form to complete, you then need to send copies of any relevant info you have, such as the agreement as you posted above will help.

    http://www.fscs.org.uk/news/2011/march/fscs-declares-welcome-financial-7pghpepm/

    The loan was I take it sold by Welcome Finance wasnt it?
    The one and only "Dizzy Di" :D
  • sazdaz123
    sazdaz123 Posts: 55 Forumite
    the FSCS took care of our welcome finance complaint and were great from start to finish about 5 weeks. good luck:)
  • Gavhough
    Gavhough Posts: 51 Forumite
    di3004 wrote: »
    Hi there

    As the business are now in default and it looks like this was taken out after 14 Jan 2005 you can make a reclaim through the Financial compensation scheme (FSCS).
    Check for more details below, contact them and ask them to send you a form to complete, you then need to send copies of any relevant info you have, such as the agreement as you posted above will help.

    http://www.fscs.org.uk/news/2011/march/fscs-declares-welcome-financial-7pghpepm/

    The loan was I take it sold by Welcome Finance wasnt it?

    Yes loan was sold by welcome. Even though it is a statute barred debt, could i still possibly have a claim?
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