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will they recall my loan

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?
:one day i WILL be debt free
:rotfl:i hope!! :rotfl:

Comments

  • LozBingley
    LozBingley Posts: 580 Forumite
    beckiem wrote: »
    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.htm
    Got 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%)
  • BEAUCHAMP_3
    BEAUCHAMP_3 Posts: 98 Forumite
    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 £42.50
  • beckiem
    beckiem Posts: 171 Forumite
    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
    :one day i WILL be debt free
    :rotfl:i hope!! :rotfl:
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