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owed lloyds money paid back, any chance lloyds basic account ?
jakemuk
Posts: 973 Forumite
It says on website they will open even with bad credit, but wouldnt open for fraud, well ive never been done for fraud or have any cifas markers,
I did owe them money but have paid it all of know, Wondered if theres any chance of opening the basic account with them ?
When i paid barclays they let me keep my cash card
I did owe them money but have paid it all of know, Wondered if theres any chance of opening the basic account with them ?
When i paid barclays they let me keep my cash card
Wannabe DFW NERD: Not fully fledged member yet !
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL
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Comments
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They will have a record of you in their system (unless account closed more than 6 years ago). Why don't you try and see what happens?0
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If you do decide to try you will be credit scored even for a cash account.
Might be better first to go into a branch and see if they can find you on their systems - if not you may be ok.0 -
jonesMUFCforever wrote: »If you do decide to try you will be credit scored even for a cash account.
Might be better first to go into a branch and see if they can find you on their systems - if not you may be ok.
I thought basic bank accounts are not credit scored. Or is credit scoring only done for LTSB basic bank accounts? So I assume a customer could get declined for a basic bank account with them, even though the customer didn't meet the ideal 'score' or have no credit history.
I only heard that banks who offer basic bank accounts either do one or more of the following:- credit 'check' to see if there are any defaults, CCJs, bankrupt, etc...
- ID/address check
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Lloyds TSB will credit checked you for a full current account and if you do not pass the the check they will offer you there basic account which comes with a visa debit card. However Lloyds TSB do report the account as a full current account on your credit file.0
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even though i owed them money in the past and repaid it in full ? to there internal collections companyWannabe DFW NERD: Not fully fledged member yet !
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL0 -
I would call them and ask before you apply so you know where you stand I have that account and it is okay.However you can only use Lloyds TSB cash machines and the staff are very snotty with you because if you have this account it means you have bad credit.0
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When you say you owed them money, do you mean as in you had a loan with them, or that you'd defaulted on debts or missed payments and such?0
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I would recommend you to open a basic bank account elsewhere, due to the face that the LTSB basic bank account debit card can be used at their machines only.
Refer to this link for basic bank accouunts: http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf0 -
....................And in Post Offices and anywhere you see a Visa sign for purchases (and if the shop offers it) cashback.I would recommend you to open a basic bank account elsewhere, due to the face that the LTSB basic bank account debit card can be used at their machines only.
Refer to this link for basic bank accouunts: http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf0 -
jonesMUFCforever wrote: »....................And in Post Offices and anywhere you see a Visa sign for purchases (and if the shop offers it) cashback.
Yes, of course that as well. Forgot to mention that.
Out of curiosity, are there any plans for removing the restriction for withdrawing cash from only LTSB machines? Would a lot of customers view on this view will force the bank to change it's decision?0
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