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Hi
Just a short review,
Had a secured loan with welcome finance, about 10 years ago,
Anyway there was an issue with the way the loan was written up In which i complained about at the time
Welcome decided to give me a £2000 end of agreement reduction.
I was informed that this should not of happened as the money should have been deducted at the front of the loan as there would of be interest on that £2k costing alot on the loan.
Anyway stopped paying the loan as we got into a very aggressive slanging match with welcome local branch
Now its been 10 plus years this matter has been going on, With several DCA companies being involved and then handing it back to welcome.
Now they have sold the debt to Coast Finance who have sent an agent and now have given me a PRE-Legal letter in which I have to reply in 10 days
So if anybody can guide me through the process it would be greatly appreciated.
Thanks in advance.
Mejohnboy
Just a short review,
Had a secured loan with welcome finance, about 10 years ago,
Anyway there was an issue with the way the loan was written up In which i complained about at the time
Welcome decided to give me a £2000 end of agreement reduction.
I was informed that this should not of happened as the money should have been deducted at the front of the loan as there would of be interest on that £2k costing alot on the loan.
Anyway stopped paying the loan as we got into a very aggressive slanging match with welcome local branch
Now its been 10 plus years this matter has been going on, With several DCA companies being involved and then handing it back to welcome.
Now they have sold the debt to Coast Finance who have sent an agent and now have given me a PRE-Legal letter in which I have to reply in 10 days
So if anybody can guide me through the process it would be greatly appreciated.
Thanks in advance.
Mejohnboy
