Coast Finance solutions

[Wendi]

Hi, just wondering if anyone has delt with this company? Over 10 years ago i was self employed and struggling financially as work wasn't regular and i had a mortgage and bills to pay. A financial advisor told me i had limited options of companies that would give me a loan, but he suggested Welcome Finance. I phoned their Cardiff office and one of their advisors was really pushy, got me to take a £12k loan and even met me outside my work next day so i would sign the contracts! Looking back i was desperate and vulnerable. To date, i've paid over £30k back. Few years ago i read that Welcome Finance was in trouble and going out of business so i stopped paying, they also froze any interest. I still owe £5k and the debt has been bought by Coast Finance Solutions Newport, Wales. Just wondering if anyone has information on this company and advice of what i should do next. Thanks Wendi