Lloyd's help for young adult's bank charges

countrymusicfan

My son opened his first bank account as an adult, he's 26 last year. He put on a direct debit with Talk talk and Sky for me because I have a post office account. he said he would pay them for me, but because we are both unemployed and paid fortnightly the DDs came out on the wrong weeks and he kept getting into debt. I called and explained, telling them that he is autistic and it would be better to talk to me. They said fine, they would give him an overdraft for £100 so he didn't get another bank charge as long as he paid them £10 a month until it was paid. they were very helpful. :T

deady

Good old Lloyds

halight

Good to hear of a bank helping someone out!
We should post the good aswell as the bad about any bank that we come into contact with.

missile

Good to hear a happy story. Makes a pleasant change to all those whinging about unfair charges.

I find LTSB to be a good no nonsense bank account.

Ye Ha country girl

CLAPTON

seems quite mad to me

If he/you can't afford talktalk and sky then you should cancel them and not get into debt

I'm amazed that Lloyds will discuss your son's account with you

Malory

CLAPTON wrote: »

seems quite mad to me

I'm amazed that Lloyds will discuss your son's account with you

I suppose that this is because the son is autistic so it is a special circumstance. It is good to see that the person at LLoyds is taking individual circumstances into account. It means they have a brain and some sympathy.

I've just opened a current account and a savings account with LLoyds so this pleases me.

countrymusicfan

CLAPTON wrote: »

seems quite mad to me

If he/you can't afford talktalk and sky then you should cancel them and not get into debt

I'm amazed that Lloyds will discuss your son's account with you

We can afford Talk/talk and Sky, but we get paid fortnightly and they always seem to come out on the wrong week.

David had to give his permission for Lloyd's to speak with me and I had to explain that he is autistic, but he hates the a word. They want him to speak to someone at the bank who is supposed to teach him to budget. That will be fun.

glider3560

countrymusicfan wrote: »

They want him to speak to someone at the bank who is supposed to teach him to budget. That will be fun.

Will probably be more like a sales pitch in disguise.

Mulligan1

I think Lloyds TSB are a good bank but is it just me in thinking since they became part state owned the staff seem a whole lot friendlier?, that's not to say they were unfriendly but they seem a lot easier going these days.

It is unusual for unemployed customers to be offered an overdraft though, I have read of people with classic accounts having them downgraded to cash accounts when benefits strarted being credited which of course do not have overdraft facilities so good for them, as long as they don't encourage people to get in debt (like themselves!!).

CLAPTON

countrymusicfan wrote: »

We can afford Talk/talk and Sky, but we get paid fortnightly and they always seem to come out on the wrong week.

David had to give his permission for Lloyd's to speak with me and I had to explain that he is autistic, but he hates the a word. They want him to speak to someone at the bank who is supposed to teach him to budget. That will be fun.

I don't really understand your post

'afford' means the ability to pay bills when they fall due; clearly you aren't doing that

by failing to do so, your son is likely to end up with charges etc which will mean he has even less money... you are doing him no favours here.

and I totally fail to see why learning to budget will be 'fun'

vusys1

CLAPTON wrote: »

I don't really understand your post

'afford' means the ability to pay bills when they fall due; clearly you aren't doing that

by failing to do so, your son is likely to end up with charges etc which will mean he has even less money... you are doing him no favours here.

and I totally fail to see why learning to budget will be 'fun'

what I think the OP is saying is that rather than incur unauthorised overdrawn charges they have been given a free overdaft until the DD dates are sorted out with TT & Sky.

In regards to the OP comment r.e learning a budget will be fun. I think, again I only think ( I have an autistic daughter) she meant that the bank would have a job on their hands as it is a specialist teaching skill.