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Welcome Finance Horror Stories!

Welcome Finance Horror Stories!

Hi Everyone... Looking thorugh the Forum's I think it would be useful especially in the month of January when people start to look around for loans as their bills start dropping on their door steps.... to put down our stories about Welcome Finance.

Ever since taking out my car with them I have had nothing but problems, payments not been taken and then they send me a letter starting I have missed a payment and kindly charged me £25 for their mistake, 3 payments taken in 1 month which cause bank charges my side, the list just does not stop. I also had a friend take out a loan with the Welcome and it all seemed great to start with untill the payments were increased due to the APR (I will need to come back on this and check that was right as all I know is that the payments rised after a few months of the loan been taken out). This is the worst time of year what with Christmas over and bills starting to come in for everyone and just want to make them aware and to be careful and check throughly when taking out any loans especially with Welcome Finance. :o

Comments

  • I think this should not happen. Although bank will charge some fee if you fail to make payment on time. But if they are harassing you then you should report against them.
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