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Can I leave Barclays without paying off Barclay Loan

datadoc
datadoc Posts: 13 Forumite
HiI am wondering if I have a loan with Barclays would that effect my ability to switch bank accounts? I assume it would be treated as any other loan but has Barclays got a clause so it can make me pay it off or change the interest rate? I can not afford to pay off the loan at the moment. Thanks.

Comments

  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No it doesn't affect your ability to switch bank accounts. You just open a new account elsewhere and give Barclays your new account details.
  • 20aday
    20aday Posts: 2,610 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    As DCFC points out it won't matter at all.

    I switched from NatWest to Lloyds last year and my NatWest loan wasn't affected.
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
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