On 02 March 2011, the Financial Services Compensation Scheme (FSCS) declared Welcome Finance in default. Welcome simply ran out of money and felt it could not meet demands for compensation. This simply means that the Financial Service Compensation Scheme (FSCS) will now meet payments provided a claim for misselling can be proven.
If you took out a loan with Welcome it is more than likely you were sold PPI. We are specialists in claiming back compensation from firms such as Welcome and others which are now in default.
If you were sold PPI by Welcome Finance do not delay making a claim. We can reclaim your money. If you have been sold payment protection by Welcome Finance and wish to claim this money back, contact us by completing our claim form or give us a call on 0845 463 3806.