We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
HBOS/Lloyds TSB Merger
hillbilly5
Posts: 70 Forumite
Hi
My husband and I started a dmp with cccs in march and all is running really well - no problems.
However, one of the people we owe money to is Halifax - part of HBOS group.
Because of this we changed our banking to Lloyds TSB as we have no debts with them or related companies.
Now that Lloyds tsb/HBOS are merging will this mean that we then have a problem as they are linked financial institutions and so our money could be offset to pay off anything we owe to Halifax???
Please help as I am really worried that we may have to change banks again because of this and don't want to get caught out.
Many thanks
My husband and I started a dmp with cccs in march and all is running really well - no problems.
However, one of the people we owe money to is Halifax - part of HBOS group.
Because of this we changed our banking to Lloyds TSB as we have no debts with them or related companies.
Now that Lloyds tsb/HBOS are merging will this mean that we then have a problem as they are linked financial institutions and so our money could be offset to pay off anything we owe to Halifax???
Please help as I am really worried that we may have to change banks again because of this and don't want to get caught out.
Many thanks
0
Comments
-
Have a look at this thread:
halifax llyods merge
Especially the link from Yummy-mummy which looks hopeful for many. Although if it was me I would still be cautious.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards