LloydsTSB Loan & Current Account

jmcdyre

Good morning.

Does anybody know if I need to have a LloydsTSB current account to pay my LloydsTSB loan from?

I was thinking of opening an account with Alliance & Leicester but just wanted to make sure first (I'd phone Lloyds but they take so long to answer!).

Ta

redpete

I've just checked as I was logged onto the LTSB website, one of their FAQs is...

What payment method will I use for my repayments?
These will be made by Direct Debit from whichever one of your Lloyds TSB accounts you choose, so the only thing you have to remember is to budget for the payment each month.

So maybe you can't.

You could always set up a Standing Order from A&L into the Lloyds account and have the DD set up from LTSB to pay the loan.

jmcdyre

redpete wrote: »

I've just checked as I was logged onto the LTSB website, one of their FAQs is...



So maybe you can't.

You could always set up a Standing Order from A&L into the Lloyds account and have the DD set up from LTSB to pay the loan.

Thanks for your reply, I will do as you suggest if necessary :-(