"Welcome Finance Exprience"

A review of Welcome Finance by Mark Andrews written on Friday 23rd of March 2007

By the sounds of it I must have got Welcome Finance on a good day.

I took out a loan for £1750 back in December. My credit rating was poor and I needed the money! I got a little shafted by another 'company' who offered me a loan of £1750 and said I would need to pay a £50 arrangement fee, which I did. What they actually meant was that they were charging me £50 to send my application to other loan agencies as they were actually only a broker.

Anyway, Welcome came with an offer and I took it. The interest was crazy but I needed the money. I opted to not go for Loan Insurance, instead choosing to go through a third party, this dramatically cut my overall cost of loan. I have made payments and all has been well. My credit rating has improved so I managed to get a loan at much less interest, so I rang for a settlement fee.

Settlement came through in a few days time, was £100 more than the loan amount and I had already paid £400 but such is life.

The only trouble I had was getting in touch with someone to actually make the payment. Got passed from pillar to post but now all is done!.

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