What's your Lloyds internal score?

BMN

Innovate wrote: »

Correct it says credit policy decline on the screens if it's applied to an account

Yeah it does say it on screen but it doesn't work as a marker.
It's not the CPD itself which will prevent you from getting a credit facility. It's one of the internal explanations for why a customer a can't be offered a credit facility and it relates to account conduct.

CherlokHomes

BMN wrote: »

Yeah it does say it on screen but it doesn't work as a marker.
It's not the CPD itself which will prevent you from getting a credit facility. It's one of the internal explanations for why a customer a can't be offered a credit facility and it relates to account conduct.

I'm afraid a CPD on your account WILL prevent you from getting a credit facility on that particular product where the CPD has been placed.

stclair

I'm not sure how that will work however a CPD marker could be added to a particular products.

So you might be good to go for an overdraft or credit card but not a loan for example.

BMN

Innovate wrote: »

I'm afraid a CPD on your account WILL prevent you from getting a credit facility on that particular product where the CPD has been placed.

How exactly do you know how it works?

It's not something which can be placed.
CPD is just an internal name that Lloyds use when, as a result of an assessment of the customers account conduct, they can't give that customer a particular credit facility.

iAMaLONDONER

Interestingly YorkshireBoy is the only one who directly asked the question in the title!:rotfl:

Nevertheless I've learnt a bit from the replies so far

MoneySaverLog

iAMaLONDONER wrote: »

Interestingly YorkshireBoy is the only one who directly asked the question in the title!:rotfl:

Nevertheless I've learnt a bit from the replies so far

For what it's worth mine last time I checked was 1A

CherlokHomes

iAMaLONDONER wrote: »

Interestingly YorkshireBoy is the only one who directly asked the question in the title!:rotfl:

Nevertheless I've learnt a bit from the replies so far

Mine was pretty poor last time 3 E I believe.

When I do the lloyds loan quotes and type in say 8k I never get 6% mine are always between 9.9% and 12.9%.

iAMaLONDONER

Innovate wrote: »

Mine was pretty poor last time 3 E I believe.

When I do the lloyds loan quotes and type in say 8k I never get 6% mine are always between 9.9% and 12.9%.

You still have a better score than me lol! Nevertheless I would have thought that 3 was good on a scale of 1-9!

It makes me want to work in Lloyds just to see exactly how these scores are calculated!

Richiebow1

When I got a Loan quote from Lloyds I was given 29.9% APR rate, Didn't go ahead with the full application but I can't understand why I'd get such a bad rate.

I have £1,500 a month going through the account roughly and have never had a returned DD or anything like that.

Pretty decent external Credit history too. Although only banked with Lloyds for 8 month or so.

iAMaLONDONER

Richiebow1 wrote: »

When I got a Loan quote from Lloyds I was given 29.9% APR rate, Didn't go ahead with the full application but I can't understand why I'd get such a bad rate.

I have £1,500 a month going through the account roughly and have never had a returned DD or anything like that.

Pretty decent external Credit history too. Although only banked with Lloyds for 8 month or so.

Depends on how much you wanted to borrow and your income!