Unhappy customers send out unhappy ripples about this one. A representative of one company who does business with them is unhappy to be associated with this group who have an office in Leeds, Batley, Nottingham. Rumour has it that they are not exactly precise when in their selling mode, signing people up for Hire Purchase contracts - especially the motor trade deals. They do welcome your average Joe. But when the time comes for Joe to move on it's said that the gear shifts into overdrive to squeeze as much profit as they can out of poor old Joe. Remarkably they have, by this time, had a good run of high profit, and it is alleged that they don't want to let good customers go elsewhere. Tot up the figures on one of their contracts and it is easy to see why Joe wants out. This has to be one of the most profitable businesses one could stumble into. Selling hire purchase agreements at such a high profit is likely to make some millionaires. The Office of Fair Trading have a strict code of conduct, but is it strict enough? The Financial services as a whole is to be more strictly monitored; advisers must explain and tell the truth to customers or risk being heavily fined or perhaps jailed. Apparently this is not so in that part of the financial services inhabited by "welcome finance".
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