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Lloyds Loan

mon21
mon21 Posts: 5 Forumite
Sorry i am new to this forum and this question may have already been asked so please forgive me if this a repeat...

I have a personal loan in my name which wa sold to me through Lloyds TSB. I was going through some difficult times with my husband he went to the bank to see about a loan, they informed him that were unable to give him a loan due to his credit score, they then said to him that the loan could be put into my name as my score was better but at the time i was not in employment, can the bank be able to sell a loan to me withithout a job????

Comments

  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    can the bank be able to sell a loan to me withithout a job????

    Yes - there is no law against it, though it would be an unusual thing for them to do.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • mon21
    mon21 Posts: 5 Forumite
    great they can sell it to me with a good credit score and no income in my name to cover it, but my husband who has an income but not a good score is declined. Now if i go to them and ask to raise the overdraft they decline that to because of his credit score!!
  • Is the loan in joint names?
  • Apples2
    Apples2 Posts: 6,442 Forumite
    You don't HAVE to take a loan if it is offered.
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