LTSB Credit Policy Decline.....

jambosans

Rupert_Bear wrote: »

We will agree to disagree because you do not know what you are talking about.

I think I made some fair points, if you care to highlight (and source) where you disagree instead of discrediting my post on the basis that you're an ex-Lloyds TSB employee, so therefore must know more, it would make for a more productive discussion.

simax

Well, checked this morning, and nothing has changed, so after I get paid on Thursday and my bills/DD's get paid, I'm off.

cupc4kes

Normally CPD means theres no affordability where as Credit Bureau Data means theres something on the credit report.CIFAS on the other hand is something totally different.Just out of interest where do you find out that your a CPD is this something the branches are telling you? If you use your O/D every month this doesnt warrant a CPD on your account but if your using the full amount every month then thats 1 reason

paulmcerlean

Rupert_Bear wrote: »

Sorry do not accept this. I have an overdraft facility of about £8k. I use the overdraft on a regular basis and in fact I applied for a 25k loan from them and it was agreed on line a few weeks ago.

Also being an ex employee of Lloyds I remember we valued customers more who used their overdraft facilities rather than someone who kept their account in credit.

Basically the information the OP was given was based on pure speculation by a member of staff. I say this because it was always a big, big secret on how the internal stores were arrived at.

Then why are you quoting me - didn't I say it was sounded stupid that they did this?

But as much as what you say makes sense, there are people on here, who it seems, with good credit histories, have CPD on their accounts for no reason other than using an overdraft!

paulmcerlean

simax wrote: »

Well, checked this morning, and nothing has changed, so after I get paid on Thursday and my bills/DD's get paid, I'm off.

But havent we since found out that there is a genuine reason why you have a CPD and it is unlikely it will be removed anytime soon - i.e negative CRA data from your partner?