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FSCS declares Welcome Financial Services Limited in default but you can still claim back mis-sold PPI from WFS - Click Here For A FREE Claim Assessment


Alchemy Organisation existing and new Customers of mis sold PPI from Welcome Financial Services Limited (WFSL) may be entitled to receive compensation from the Financial Services Compensation Scheme (FSCS) in relation to advice on or the arranging of payment protection insurance (PPI) by the firm on or after 14 January 2005.

The FSCS has declared WFSL in default (no longer able to make payments in relation to complaints made against them). This is because the firm is unable, or likely to be unable, to pay claims against it in relation to PPI.

Welcome Finance sold a substantial number of PPI policies to its customers, and a declaration of default opens the way for those customers, and any others who might have valid claims against the firm that are protected by the FSCS, to make a claim.

The FSCS will now be responsible for PPI claims against WFSL. To assist in its handling of claims, the Alchemy Organisation will continue to represent customers claims. However, the FSCS will remain responsible for all decisions on claims, which will be made in accordance with FSCS rules, and will closely oversee and monitor all steps in the handling of claims. This arrangement will enable claims to be processed more quickly and efficiently.

How to make a claim for compensation
The Alchemy Organisation can help all existing policyholders who were sold PPI by Welcome Finance and will work as quickly as possible to process any new claims received and existing Alchemy Organisation customer PPI claims.

If you have not made a claim for Mis-Sold PPI against Welcome Finance you can contact us today on 0800 043 6432 or
click here to complete an online claim form.

If we have previously submitted a complaint/claim on your behalf to Welcome Finance relating to a PPI policy that was sold to you do not need to do anything more. We will keep you updated as soon as we have more news on your claim.

Welcome Finance PPI Claims

Click here to make a claim for mis-sold PPI

The Alchemy Organisation has a five star rating in respect of processing and representing claims for the mis-selling or mis-sold payment protection insurance (PPI) taken out when taking out a loan from Welcome Finance.

If you would like to make a claim for PPI that was sold to you by Welcome Finance then we can represent your claim and endeavour to claim back maximum compensation.

Click here to make a claim for mis-sold PPI sold to you by Welcome Finance