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Lloyds
carlos700
Posts: 507 Forumite
I am on a DMP which i owe Lloyds TSB the most money ,i have just taken out a buildings & contents policy with Lloyds to pay monthly DD ( i have taken this out through Quido as they are paying out £120 and i could do with this money for christmas ) .
I am panacking alittle now firstly is the insurance department of Lloyds completly separate from overdraft,loans ,credit cards ? If i have given my new bank details to lloyds to take out my payments for the insurance policy could they deceide to take other money from my new bank account ?
Should i be worried and cancel the policy (but i could do with the £120 cashback)
I am panacking alittle now firstly is the insurance department of Lloyds completly separate from overdraft,loans ,credit cards ? If i have given my new bank details to lloyds to take out my payments for the insurance policy could they deceide to take other money from my new bank account ?
Should i be worried and cancel the policy (but i could do with the £120 cashback)
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Comments
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I don't think they are allowed to take more than you have authorised them to; if you're paying for insurance from a bank account; they wont be allowed to take more than the insurance money- if they did I think they would be in big trouble! I would stick with the policy, £120 cashback is great - I might even try and take it out myself
All the best x Personal challenge: Do without as much as possible to pay off £12k by 07/2009!!!:T
Bluejeans Challenge: Spend less - Eat less! Need to lose [STRIKE]4 [/STRIKE] 2.5 stone (:eek:) then maintain until my concert in Dec!!
Cady's jam jar challenge.. how much will be in the pot?!
Budget: a mathematical confirmation of your suspicions.0 -
Thanks i feel better now im trying to make as much money as possible through the cash back sites to help towards Christmas .0
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Good for you; that's a good idea. I'm talking to DH about Quidco tonight, we'll probably sign up this week and start making money
Personal challenge: Do without as much as possible to pay off £12k by 07/2009!!!:T
Bluejeans Challenge: Spend less - Eat less! Need to lose [STRIKE]4 [/STRIKE] 2.5 stone (:eek:) then maintain until my concert in Dec!!
Cady's jam jar challenge.. how much will be in the pot?!
Budget: a mathematical confirmation of your suspicions.0
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