Lloyds basic account, Brutallity and bankruptcy

davidgmmafan

It IS a curious position IMHO if you think about it for more than two seconds. I fear it has more to do with the fact they know that bankrupts know how the system works in simple terms like debt is bad and unsecured debts are very difficult to collect on when someone stops paying.

I honestly believe they want to make life difficult for bankrupts as some kind of moral judgement. Of course they forget bankrupts still have money and spending power, AND they have allowances for their living expenses. In some ways they are a safer bet than some other customers who are still robbing peter to pay paul.

Jongeorge

dojoman wrote: »

It does not depend on who you talk to, Lloyds official stance is very clear on BR`s, you have just been very lucky and slipped through the net, it does happen from time to time.

I am with lloyds and I told them after I went br and they said I could continue to use the account with no issues but was limited to a basic account