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Cashing in shares...
blossom30
Posts: 691 Forumite
Hi, Just a wee query if anyone can answer I cashed in shares on Wednesday through LLoyds TSB and the operator said she would have to do a credit check,
at the time I didn't think about it as I don't have any problems with that but then when I came off the phone I thought about it and it doesn't make any sense. Why would they do a credit check when I am not borrowing any money and only cashing in some shares valued @ £400..I would be grateful if someone could throw some light on this one.
at the time I didn't think about it as I don't have any problems with that but then when I came off the phone I thought about it and it doesn't make any sense. Why would they do a credit check when I am not borrowing any money and only cashing in some shares valued @ £400..I would be grateful if someone could throw some light on this one. 0
Comments
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perhaps becuase they will give you the money before the stocks physically exchange hands in the market. Some brokers offer this.0
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