Welcome Financial Services (WFS)

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 ...
...finally got sorted, we contacted Welcome Finance about our dilemma, although they sounded sympathetic, we were horrified to learn, we were not covered for Back injuries and we would have to meet the payments. Now on Incapacity Benefit and unable to get Disability allowance, because they say he might possibly be cured, our income took a dramatic nose dive, and we found it difficult to meet any of our financial obligations. Welcome finance called ... Read review

Advantages: PROFFESSIONAL APPEARANCE
Disadvantages: COMPULSIVE 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 " ...
...was too late. the department welcome finance had put me through to was another loan broker and they had just done a credit search on my file. welcome finance are liars!!! i was then bombarded with phone calls every day for the next 2 months with loan brokers wanting to conduct complete my application- i demanded they remove my details on their database and not to pass on my details. letters arrived from loan brokers i had never heard of saying i ... Read review

Advantages: None
Disadvantages: Ruins 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 ...
...the premises. Now why do Welcome want nothing in writing? I wonder. In the end , because I was smart enough to have my friend here when they lied so badly I did finally get the written settlement of 3400£. I paid them off the next day. I know they still over charged me, but to get them out of my life it was well worth it. If you do not have bad credit, just no credit, try to deal with your bank, or just wait until you start building credit. Do not ... Read review

Advantages: Professional at Start, Easy to Contact.
Disadvantages: Unconfidential, 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 ...
...need. The service provided by Welcome Finance although professional to begin with, fell through quickly. It seems they lied through their teeth to get customers and then my details did not remain confidential. I was very dissapointed with the service and have been put off getting loans out over the internet and phone for life. ... Read review

Advantages: Not One!!!
Disadvantages: Huge 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 ... Read review