Welcome Fince - Payment Protection Insurance

HeyHeyMyMy

I recently took a loan out with Welcome Finance.
I received the funds on 26th September 2007.
I have today called to cancel the Payment Protection aspect of the loan, but have been told I had to do this within the first 30 days.
Firstly, strictly it's only been 29 days since I received the funds.
Secondly, is there anything I can do if I was outside the 30 day period?
Thanks in advance for your help.

HeyHeyMyMy

Desperately need someones advice on this please guys.

ispartacus75

Cant really help with the 30 day thing but it would run from when you signed the paperwork, not whe you recieved the money.

kurjam

hi i had a simalar problem with a insurance i took out when i got a car from them, i will never use them again !!!!

lleigh

Hi

I got a loan in Feb with PPI - i have recently cancelled the PPI as it was implied that it would be in my interest to take it out - meaning i wouldn't get the loan if i didn't. you will get the amount back on a pro-rata basis - they will take it off the amount you still have outstanding with them.

if it was cancelled within the 30 day period and you can prove it - fight them on it - it's amazing what a few phone calls and letters will do - i have been waiting for a settlement figure for some time and when i made an official complient low and behold it came through the next day.

Don't let them get away with it as i assume the interest you are paying is more than enough!