Personal Loan from my bank

loopy.magic

Another question for you fine people.

The standard interest rate for a couple of credit cards I have (from Bank of Scotland/Halifax) is quite low 14.94%. Whereas the rates on my other cards is much higher and the one card I use for shopping (Virgin Mastercard) is a whopping 34.9%, I pay this off in full each month so no problems there.

Does this indicate that BOS consider me a good credit risk? As a fall back position I was considering applying for a loan from BOS if my own bank (Abbey) turn me down again.

pendragonuk_2

Sorry to hi-jack this thread but I posted this on this site but have had no replies.

Just a quick question if you don't mind.

Just been speaking to a friend of mine who had a loan many years ago from Lloyds TSB when she was about 18. she owed them £8500. She is now 28 years old.
She just stopped paying them and has never been in touch. she has just received a letter out of the blue demanding the money and they are threatening bankruptcy , she has had 3 letters, from 3 different firms asking for the money! Lowells, Red debt collection services and Hamptons legal.

Now as this debt is way over 6 yrs old, where does she stand? Should she ignore, or write back? Can they chase her for this debt after way over 6 years ?
If not is there a standard letter somewhere on here she can use ?

Mnay thanks
Keith

_Andy_

pendragon - please bump up your own thread - your query isn't relevant to this one.

loopy.magic

Dear pendragon

You only posted your new thread yesterday !!!!

It's not nice, in your own words, to hijack this thread. Myself and others on here wouldn't do this and I think you should respect that. Thank You.

pendragonuk_2

Have deleted my text and I apologise for the intrusion.

loopy.magic

Just repeating my last question due to a couple of distractions on this thread:

The standard interest rate for a couple of credit cards I have (from Bank of Scotland/Halifax) is quite low 14.94%. Whereas the rates on my other cards is much higher and the one card I use for shopping (Virgin Mastercard) is a whopping 34.9%, I pay this off in full each month so no problems there.

Does this indicate that BOS consider me a good credit risk? As a fall back position I was considering applying for a loan from BOS if my own bank (Abbey) turn me down again.