LloydsTSB Called To Discuss My Rates?

CanonMan_2

Unfortunately I had to call the nice lady at lloydsTSB and cancel.
I'm helping train somebody at work and couldn't / didn't want to leave work for a couple of hours to drive through Wolverhampton City centre at lunch time, and pay the lovely car park attendants for lifting the barrier and letting me stash my motor there for a while just so I could go and have said nice lady try to sell me a loan.

I'll call next week and ask her exactly what the meeting will cover.

Thanks for all your replys, I probably would have gone and had her talk me into it.

Xbigman

This is a classic Lloyds computer 'pigeon hole' appointment. The Lloyds computer has seen your assorted debts at different APR's and you will be offered a consolidation loan (but they don't call it that) and encouraged to take PPI.
I recently had some money sloshing around my account and got put in the pigeon hole where they try to sell you life insurance, a pension and investments in line with my 'financial status'.
Then I spent the money (or rather I moved it to a decent interest paying account elsewhere) and I then ended up in the pigeon hole with 'good income but no money' birds and was offered a revue to discuss my 'expenditure aspirations' (IE they tried to push a loan on me for things they think I wanted).

I blew out both appointments.
Regards



X

Scully's_Girl

Banks do this all the time. I agree with the other posters, they want you to take on a consolidation loan, but your credit card debt isnt that high so its hardly worth the hassle. Definately try moving that over to a 0%. Continue making the payments but don't give the credit card company more than you have to. Alliance & Leicester called my husband & I in as well for annual "financial advice". He started getting nervous when he realized we have no debt and no mortgage. In fact, as he was our age (30s) he leaned over & asked us how we did that.
The problem is, they can only provide financial advise on products they supply, & they are not always the best in the marketplace, that is why MSE is so great, Martin does the work for us.
If you cant take out a 0% card for any reason, snowball your debts (pay the minimum on all but the highest interest rate, putting all your money into that, & so forth). It takes the interest you would pay & helps blast that debt. You're in the right place though.

CLAPTON

I think you should now start concentrating on the really important matter and not the (relatively) minor matter of the interest rates.
why are you in debt and how can you reduce/eliminate it. I'm sure that if you posted a statement of affairs here, the good people here would try and help suggest ways of reducing expenditure and debt....it might be better to start a new thread