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-invite to complain?
jennyz123123
Posts: 13 Forumite
Has anybody else had a letter from Welcome Finance like the one below. i didnt get anywhere with the ppi claim 2 years ago but got this letter this week. Any advice would be great
Whilst we were unable to agree you were mis-sold PPI on account number(s) and your complaint was rejected, in line with the Financial Conduct Authority (FCA) Policy Statement PSI 7/3 issued in March 2017, you can now make a further complaint against Welcome Financial Services Limited under Section 140A of the Consumer Credit Act 1974, in relation to it's failure to disclose commissions associated with PPI sold to you.
If you would like us to consider this further complaint, please contact us at the address above: you should note that you will only have until 29th August 2019 to present a further complaint due to the
time limit for PPI complaints. I have enclosed a copy of our Complaints Handling Procedure for your reference and relevant
Whilst we were unable to agree you were mis-sold PPI on account number(s) and your complaint was rejected, in line with the Financial Conduct Authority (FCA) Policy Statement PSI 7/3 issued in March 2017, you can now make a further complaint against Welcome Financial Services Limited under Section 140A of the Consumer Credit Act 1974, in relation to it's failure to disclose commissions associated with PPI sold to you.
If you would like us to consider this further complaint, please contact us at the address above: you should note that you will only have until 29th August 2019 to present a further complaint due to the
time limit for PPI complaints. I have enclosed a copy of our Complaints Handling Procedure for your reference and relevant
0
Comments
-
It's an invitation to complain due to the Plevin ruling. Basically, if there was undisclosed commission of over 50% attached to the sale of your PPI you are entitled to a refund of the amount over 50%.
Do note that this is not a opportunity to re-state your original PPI mis-selling complaint. That complaint failed.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards