Re: Welcome Finance PPI claims to go through FSCS
Guy at FSCS told me it was 50 million upfront, 40 million in near future with 20 million in reserve if take up is bigger than expected... unreal...
Heard that the big CMC's are waiting for them to actually try and offset against a current loan or where the client never had arrears before acting.. said they cant really do anything until they actually try it... CCA and against clients wishes etc... unfair relationship
Every case would have to be taken on a case by case basis with CMC's also since some people have paid off the loans, some near end of them ..
The wonder I have is if someone has two loans say.. One pre 2005 with PPI and one after..
Welcome are dealing with the pre stuff and FSCS the post 2005...
Girl at FSCS told me couple weeks ago that if they are due a refund from old loan they would still look to reduce the balance of the current loan even if they are up to date with it...so unfair IMO....
Surley one if under the protected rights....
Guy at FSCS told me it was 50 million upfront, 40 million in near future with 20 million in reserve if take up is bigger than expected... unreal...
Heard that the big CMC's are waiting for them to actually try and offset against a current loan or where the client never had arrears before acting.. said they cant really do anything until they actually try it... CCA and against clients wishes etc... unfair relationship
Every case would have to be taken on a case by case basis with CMC's also since some people have paid off the loans, some near end of them ..
The wonder I have is if someone has two loans say.. One pre 2005 with PPI and one after..
Welcome are dealing with the pre stuff and FSCS the post 2005...
Girl at FSCS told me couple weeks ago that if they are due a refund from old loan they would still look to reduce the balance of the current loan even if they are up to date with it...so unfair IMO....
Surley one if under the protected rights....
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