Are my creditors connected to my bank?

Billy_Dandy

Good afternoon to all,

I have a question if I may.

 

After reading the many posts herein, I am preparing to initiate a DMP, probably self-managed, within the next few months.

My bank account is with HSBC. I don’t owe them anything, as far as I am aware…

My creditors consist of:

 

Lendable (Loan)

Halifax CC

Amazon Pulse CC

MBNA CC

Virgin Money CC

Barclaycard CC

JD Williams (catalogue)

PayPal Credit

My question is, ‘are any of my creditors part of HSBC?’ and will the bank likely try to recover monies from my current account?

 

Thank you.

DE_612183

don't think so - but you can check on a statement in the small print - it should say what part of a group they are - for instance MBNA are part of Lloyds Banking Group ( as is Halifax )

fatbelly

Not as far as I can see. You should be fine.

Billy_Dandy

Thank you both for your responses. Much appreciated.