We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
welcome finance
Hi, anyone had experience with Welcome finance? We took a secured loan out for 15k last Oct 06 at not a good rate. But with the intentions of settling it with a re-mortgage this year once our credit rating had improved.
we have just had a settlement figure to pay of £1444.00 and the settlement date calculated in accordance with regulation 3 of the consumer credit reg.1983
and upon receipt of cleared funds of the amount stated in the letter within the specified time they agree to remove charges on the secured property!
obviously this amount is considerably less than we have taken out and paid!!
but!! it has 2 signatures (how do you think we stand?) should i pay this amount or tell them
we have just had a settlement figure to pay of £1444.00 and the settlement date calculated in accordance with regulation 3 of the consumer credit reg.1983
and upon receipt of cleared funds of the amount stated in the letter within the specified time they agree to remove charges on the secured property!
obviously this amount is considerably less than we have taken out and paid!!
but!! it has 2 signatures (how do you think we stand?) should i pay this amount or tell them
0
Comments
-
Hi, anyone had experience with Welcome finance? We took a secured loan out for 15k last Oct 06 at not a good rate. But with the intentions of settling it with a re-mortgage this year once our credit rating had improved.
we have just had a settlement figure to pay of £1444.00 and the settlement date calculated in accordance with regulation 3 of the consumer credit reg.1983
and upon receipt of cleared funds of the amount stated in the letter within the specified time they agree to remove charges on the secured property!
obviously this amount is considerably less than we have taken out and paid!!
but!! it has 2 signatures (how do you think we stand?) should i pay this amount or tell them
Just bumping up this thread... hope someone can advise you. Maybe CAB could give you some help over this?
Pam0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards