Home > Finance > Banking & Personal Finance > Loan Lenders > Welcome Financial Services (WFS)

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1-15 of 15 reviews Show most helpful reviews first Newest first

 

Community Level 5dreamscanc...

dreamscancometrue

A Not So 'Welcome Finance' Deal

Advantages there when you need finance

Disadvantages dont want to know, if you fall i'll

"Welcome Financial Services . On my own Families personnel experience, I just cant bring myself to give Welcome Finance a good rating. 8 years ago now, we took out a personnel loan with them, and also financed the purchase of a second hand car through them as well. My Husband was working full time and well paid, but because we had both gone through previous marriages which had left us both with financial difficulties, as far as a credit rating ..." Read review
17.03.2007

Ciao members have rated this review on average: very helpful

Community Level 1dolphtrains

dolphtrains

welcome finance lie about no credit checks

AdvantagesPROFFESSIONAL APPEARANCE

DisadvantagesCOMPULSIVE LIARS....THEY CAN EAT MY ASS WITH A SPOON

"...an unsecured personal loan to welcome finance. an enquiry about their apr on atypical loan. not an actual application. they started to take my details and then i stopped them mid conversation to ask if the were conducting a credit check, and that i was concerned about a record of credit checks on my file. i also mentioned to them their advert i was replying to stated "no credit checks would be made". the said the dont do that and the "enquiry " ..." Read review
23.06.2008

Ciao members have rated this review on average: very helpful

Community Level 1Stayceeleigh

Stayceeleigh

Welcome Finance Do Not Leave a Paper Trail

AdvantagesNone

DisadvantagesRuins your credit history

"My own personal experience with Welcome Finance was horrible. I used them because I was new to the UK and just had no credit, not bad credit. I took out a loan with them for £2000 in June of 2007. After being made to take the payment protection and told I could just take it off if I didn't want it later. The interest on the loan was something astronomical like 54%. I ended up out of employment, and then my 15yr old died which left me unable to even ..." Read review
29.08.2008

Ciao members have rated this review on average: helpful

Community Level 1stellatany

stellatany

Welcome finance loan

Advantageswhen u are desperate,they might help but wait until you have a hitch...a living nightmare

Disadvantagesthe harassment calls

"...regretted taken out a 2nd welcome finace loan over one year ago.first,i took out a loan and was paying the money monthly.after about one year,i applied for another loan and they paid off the first one,and gave me a second loan.that was the day i destroyed myself and opened my life to sharks who nearly killed me.At this point,i had not known that i had no more insurance incase i was ill or out of work.i believe the insurance was still there as i was ..." Read review
10.02.2011

Ciao members have rated this review on average: helpful

steer well clear

Advantagesnone

Disadvantageslack of contact, unlawful

"...out our 4th loan with welcome 5 years ago, secured on our property, since then he left me and is now remarried, however he contacted welcome and told them he had nothing to do with the loan, so without any contact with me they removed his name off the loan, leaving me with the whole debt. 3 years on i am still fighting this and they will not give me any details as to why this was done. I am not able to pay the loan repayments and it is now making ..." Read review
13.11.2013

Ciao members have rated this review on average: helpful

LET DOWN

Advantagesquick response to apply for a loan

Disadvantagesthey do not stick to their terms and conditions

"I contacted welcome loans with a view to obtaining a loan. Their terms and conditions are that if no loan is taken after three months the fee will be refunded. I paid £79.99. three months on I was not offered a loan for the amount I had wanted so closed the application. I emailed welcome loans and they said that a refund would be given. Three months on no refund had appeared on my statement so I contacted them again and they said they did not know ..." Read review
13.04.2013

Ciao members have rated this review on average: helpful

Community Level 1katesb_89

katesb_89

The worst kind of Finance

AdvantagesProfessional at Start, Easy to Contact.

DisadvantagesUnconfidential, Anything to get customers.

"...me. I chose to use Welcome Finance as someone had recommended them to me at this extremely difficult time. This credit crunch made it difficult for me to get a loan or anything of the sort under my current circumstances. When speaking to Welcome Finance i thought i had chosen the best around for the rates they were giving. When i recieved my quote i was more than happy with the outcome. £1000 loan, repayments at £96 a month for a 12 months. To say ..." Read review
15.07.2008

Ciao members have rated this review on average: helpful

Community Level 1Ninos

Quick review of Welcome Financial Services (WFS)

"i find Welcome Financial Services is one of the best companies you can find it takes no time to process you application and they explain everything very clearly to u so u know how much you will be paying and what u r paying for. the only "bad" thing about it is the interest rates, they are too high other than that its the best company to try if u tryin get a loan or car or whatever you looking for
04.11.2008

Ciao members have rated this review on average: helpful

Community Level 1Alien_Evan...

Alien_Evangelist

Welcome Finance -BROKERS- NOT LENDERS

AdvantagesNot One!!!

DisadvantagesHuge repayment total, Appalling customer services, at least 10 footprints left on your file!!

"Note: These Guys are Brokers - Not Lenders - I had applied for finance through a Broker on the internet for 10k, 2 days later these guys phone me up and said they couldnt get me 10k, but said that they could get me 3k @ 199.96stg per mth for 36mths!!!!! Avoid like 'Ebola' (Deadly Disease) Customer service is appalling with staff very upfront and ignorant!! These peoplemake their money off the backs off ordinary people who have problems getting credit. ..." Read review
26.09.2008

Ciao members have rated this review on average: helpful

Community Level 1cjanddee

cjanddee

unwelcome finance are a currupt and heartless Review with images

AdvantagesNONE

DisadvantagesEVERYTHING

"...yrs, so think of this welcome have been getting nearly £450 a month off me, not a problem untill i looked into how much i owed, i was gobsmacked to learn that i still owe around £7000 even though i have been paying the car for 3 years and the loan for 2 yrs, ive now taken leagal action on getting the payment protection back, many threatening letters and e mails later there maybe light at the end of the tunnel, im no push over and have promised welcome ..." Read review
01.07.2010

Ciao members have rated this review on average: somewhat helpful

Community Level 1chrryhrt73

chrryhrt73

AVOID AT ALL COSTS!!!

AdvantagesNone

DisadvantagesEverything

"I would advise not getting a loan with this company as you will probably end up paying interest on interest if you are late with any payments. Life is unpredictable, and although you do not intend to be a day late with a payment sometimes it happens. It cost me £416 with this company on a £1000 loan, as they were charging me without my knowledge! I would not have minded paying an initial late payment charge, but to be so underhand as to conceal ..." Read review
19.02.2010

Ciao members have rated this review on average: somewhat helpful

Community Level 1angry80

angry80

angry80

AdvantagesYou get the money

DisadvantagesIt costs the earth, awful customer service, basically they are sharks

"Welcome Finance are awful and should be ashamed of themselves. They prey on people who have problems obtaining credit and charge the earth. They also continuously perform searches on you, which affects your credit score. Whilst my loan is running, I have made no late payments etc so no problems as such with them, apart from when I accidentally cancelled my direct debit. I called them 6 days before payment was due to explain, and they said this ..." Read review
12.01.2009

Ciao members have rated this review on average: somewhat helpful

Community Level 1angrymegan...

angrymegandriver

Stay away its actors on tele remember

Advantagesnone

Disadvantagestoo many

"i bought a car from welcome which cost around £3000 which was over priced for the car i bought the final balance is for £7000. The car wiper motor went on fire a day after i picked it up after a lot of argument they replaced the motor not the car and would not take the car back as requested. This car has broke down every month and nothing has been included in the very expensive warranty i had to take iv spent over £3000 in parts and labour not including ..." Read review
08.01.2009

Ciao members have rated this review on average: somewhat helpful

So how good are they

AdvantagesVery lenient & friendly

DisadvantagesAPR can be very high

"Welcome Fiancial Services....well what can I say about them. I have had dealings with them for a number of years. I'm probably on my 4th loan with them now. They will finance people with less then a perfect credit score, as well as the perfect score, but their APR can be very high. On the upside, the more you deal with less the more the APR reduces. However, I don't think it ever hits rock bottom. They staff is generally very friendly & provided you ..." Read review
02.12.2006

Ciao members have rated this review on average: somewhat helpful

Community Level 11d2a3d4d5i6o

1d2a3d4d5i6o

WARNING READ THIS BEFORE YOU TAKE A WELCOME LOAN

AdvantagesNONE

DisadvantagesHIGH INTEREST RATES 85%

"...WAIT TILL YOU TAKE A WELCOME LOAN. THE PRESENT RATE IS 85%. THE BANK OF ENGLAND RATE IS 0.5% DO NOT EVEN CONSIDER THE LOAN GO TO THE CITIZENS ADVICE OR THE CCCS FIRST. LOOK ON THE INTERNET THERE ARE SOME PAGES ABOUT WELCOME FINANCE THAT HAVE OVER 8000 ARTICLES 99% OF THEM BAD NEWS. I HAVE PERSONAL EXPERIENCE OF WELCOME THROUGH MY DAUGHTER GETTING IN DEBT. ONE SUGGESTION I HAVE IS IF YOU CAN RECORD THEIR TELEPHONE CONVERSATIONS AND TELL THEM, YOU WILL ..." Read review
25.08.2009

Ciao members have rated this review on average: somewhat helpful



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