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Lump sum pension coming
Jane_Bloobell
Posts: 1 Newbie
Hi,
I am very slowly paying off a debt to Barclaycard and I'm due for a lump sum Barclays pension pay out soon. I wondered if Barclaycard have the right to take the amount owed direct from my pension? I would be grateful for any advice. Many thanks in advance.
I am very slowly paying off a debt to Barclaycard and I'm due for a lump sum Barclays pension pay out soon. I wondered if Barclaycard have the right to take the amount owed direct from my pension? I would be grateful for any advice. Many thanks in advance.
0
Comments
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Bumpety bump for the OP
Usually I would say it would depend on whether it was paid into a bank which was linked to Barclaycard but if the pensions from Barclays could they take if straight off this?Grocery Challenge £211/£455 (01/01-31/03)
2016 Sell: £125/£250
£1,000 Emergency Fund Challenge #78 £3.96 / £1,000Vet Fund: £410.93 / £1,000
Debt free & determined to stay that way!0 -
I wouldn't have thought so, as the are such separate arms of the bank. I wouldn't have thought they share the same database, or even if they do, would cross reference.
What does everyone else think?Make £2020 in 2020 £178.81/£2020
SPC 13 #51
Feb Grocery Challenge £4.68/£2000 -
Barbeduk congrats! Just noticed your sig as I was reading your reply (sorry OP!) - and well in advance of schedule!!
Barclaycard have been known to offset a Barclays account as they are linked organisations (ETA both part of Barclays plc) which is what I was concerned about when I posted beforeGrocery Challenge £211/£455 (01/01-31/03)
2016 Sell: £125/£250
£1,000 Emergency Fund Challenge #78 £3.96 / £1,000Vet Fund: £410.93 / £1,000
Debt free & determined to stay that way!0
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