Hi,
I have requested my CCA from Welcome Finance as I believe that they have/are changing the terms of my agreement. I believe the interest rate is incorrect and am sure that they charged insurances and PPI. They have replied stating that there is no CCA available but they have sent a brief breakdown of what "would have comprised your agreement", this states no insurance premiums or PPI and the interest rate appears to be incorrect to what we originally paid.
The loan was taken out in 2008 and was for £17500, we have repaid £23000 so far and Welcome are saying the total loan cost is £62530.20 of which £44210 would be interest which I would dispute, what should my next steps be?
Thanks in Advance
I have requested my CCA from Welcome Finance as I believe that they have/are changing the terms of my agreement. I believe the interest rate is incorrect and am sure that they charged insurances and PPI. They have replied stating that there is no CCA available but they have sent a brief breakdown of what "would have comprised your agreement", this states no insurance premiums or PPI and the interest rate appears to be incorrect to what we originally paid.
The loan was taken out in 2008 and was for £17500, we have repaid £23000 so far and Welcome are saying the total loan cost is £62530.20 of which £44210 would be interest which I would dispute, what should my next steps be?
Thanks in Advance
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