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will they recall my loan
beckiem
Posts: 171 Forumite
ive gone for my charges back from lloyds due decission this week but ive got a £10,000 loan with them could they be mean and say i have to pay it back in one go:eek: can anyone help?
:rotfl:i hope!! :rotfl:
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ive gone for my charges back from lloyds due decission this week but ive got a £10,000 loan with them could they be mean and say i have to pay it back in one go:eek: can anyone help?
As long as the account you are claiming against is not the loan account you should be OK
even if it is the same account they can't close it and you could call in the Financial Ombudsman if they did 
http://www.financial-ombudsman.org.uk/consumer/complaints.htmGot It & Spent It :dance:IKEA CARD = £120 charges = £175 received (146%)MARBLES = £450 charges = £370 received (82%)I.F. = £494 charges = £494 received (100%)CAPITAL ONE = £981 charges = £1,489.03 (152%)BARCLAYCARD = £580 charges = £786.12 (136%)On Hold :mad:A+L = £722 charges (target = 147%)BARCLAYS = £1,405 charges (target = 128%)BARCLAYS = £175 charges (target = 140%)ABBEY = £3,220 charges (target = 148%)0 -
No they can't.
The loan agreement you have with them is a seperate document stating that you will pay them a certain amount back over a set period of time.
If they close that account and ask you to repay the funds they would be breaking their side of a legal agreement.NATWEST Amount Claimed £2860 Amount Received £2860
CLYDESDALE FINANCIAL SERVICES Amount Claimed £85.00 Amount Received £42.500 -
thanks so much i was really worried now i just hope they pay up this week and i dont have to go to court i need another car mine blew up yesterday
ne day i WILL be debt free
:rotfl:i hope!! :rotfl:0
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