Offered a loan and I don't have an income as such!

simon_templar_2

According to some posters you can just wriggle out of paying off the loan. This means you can borrow as much as you can, spend the money, not have to pay it back and have no effect on your credit score! So i would say fill your boots!

enjoyincubus

FOUR of the UK's five biggest banks today agreed to share information about customers in an attempt to spot people who are struggling with debt before they default on repayments.
Under the initiative, HBoS, HSBC, Lloyds TSB and Royal Bank of Scotland will share details on their customers' incomes with Callcredit, the credit reference agency, for the first time.

http://business.scotsman.com/scotsmanguidetodebt/Banks-to-share-data-to.2763087.jp

As you and your husband are financially linked, Lloyds could possibly be using this information to infer potential salary credits into another non-Lloyds account?

crazyfj

Re above, the Halfiax overdraft system makes me laugh. Its computer that is giving you an overdraft, I can log in and the amount they are offering is stupid. Three times more than I pay in. I do not believe banks are helping themselves..

Kavanne

crazyfj wrote: »

Re above, the Halfiax overdraft system makes me laugh. Its computer that is giving you an overdraft, I can log in and the amount they are offering is stupid. Three times more than I pay in. I do not believe banks are helping themselves..

Yep, same here, I am offered an overdraft up to 10000! I pay in 10000 to them every YEAR