Lloyds TSB Internal Scoring & Risk Assessment?

simax

Dr_Cuckoo3 wrote: »

I was wondering if CPD customers still receive credit offers (eg loans with an amount stated) via internet banking or post?

I've never ever had any marketing sent to me, not had any phone calls, never been offered a "review" in-branch and only get offered car insurance online.

Suits me.

coolesticeking

MoneySaverLog wrote: »

Without actually applying for credit how do you find out what your internal risk is and if a CPD marker has been put on your account?

Are they duty bound to tell you this under the Data Protection Act, and is it a Subject Access Request you need to send off for this with £10? Or is there a easier way?

Quite easy to tell if you have CPD, login to Internet Banking and:

1) Click on "Upgrade Today" under a Current Account and if it says "According to our records, you already hold the highest level of Added Value Account" you have CPD (As long as you don't have Premier that is)

Check two:

2) Under "Apply Today" Click on "Current Account" and if it says "Sorry, we can't offer you a secondary current accounts."

All means you have CPD, How do I know? Because I have it! Don't see that changing anytime soon either.

coolesticeking

simax wrote: »

I've never ever had any marketing sent to me, not had any phone calls, never been offered a "review" in-branch and only get offered car insurance online.

Suits me.

One way to tell if they don't like you or have CPD if they don't offer you anything when you go in branch - Suits me to the ground also.

Saints2011

System updates on a monthly basis. Credit Decline, Credit Bureau Data, Level of Indebtness, Strict Limit Marker, etc etc can all drop of.

simax

Strict Limit Marker?

MME_2

simax wrote: »

Strict Limit Marker?

Sometimes added by the personal lending department after a lending application is declined. It stops any further lending for a set amount of time.

sscott5581

Dr_Cuckoo3 wrote: »

Your CPD coincides with opening a new credit account (you don't say whether the new account was also with Lloyds)



I suspect that Lloyds wish to see how this new account performs for a few months (via Experian Delphi score etc) as explained here




My Barclays pre-approved offers disappeared shortly after new accounts appeared on my CRA file

Thansk for your reply.

The second account was a Lloyds account, I was able to open online. I have checked and can upgrade online to any of the added value accounts.

sscott5581

coolesticeking wrote: »

Quite easy to tell if you have CPD, login to Internet Banking and:

1) Click on "Upgrade Today" under a Current Account and if it says "According to our records, you already hold the highest level of Added Value Account" you have CPD (As long as you don't have Premier that is)

Check two:

2) Under "Apply Today" Click on "Current Account" and if it says "Sorry, we can't offer you a secondary current accounts."

All means you have CPD, How do I know? Because I have it! Don't see that changing anytime soon either.

As above I am able to do both but have CPD. I just opened a new account with Lloyds but can have the option to open more when I click apply for another current account. Confusing.

Dr_Cuckoo3

simax wrote: »

I've never ever had any marketing sent to me, not had any phone calls, never been offered a "review" in-branch and only get offered car insurance online.

Suits me.

coolesticeking wrote: »

One way to tell if they don't like you or have CPD if they don't offer you anything when you go in branch - Suits me to the ground also.

these are offers displayed in internet banking and are an indication of the health of the account - it wouldn't suit me if the bank is unwilling to offer any credit products on the basis of my account conduct

Neither of you have a chequebook on your account - does that suit you too ?

Dr_Cuckoo3

sscott5581 wrote: »

Thansk for your reply.

The second account was a Lloyds account, I was able to open online. I have checked and can upgrade online to any of the added value accounts.

I still think that the new current account is the cause of your problem , I doubt that the CRA is influenced by the new account being held at the same bank when calcuating your delphi score - it is a new credit risk product as far as they are concerned

http://www.experian.co.uk/consumer-information/delphi-for-customer-management.html

It is also the case that some banks lower your behaviour score when additional facilities are granted ,eg Nationwide will lower your behaviour score when a chequebook etc is granted on a Flexaccount and you would need to wait for the behaviour score to reach the pass score again before obtaining an overdraft (this was the case a few years ago - it may have changed now)