Right, here I go.
Basically, 3 years ago I took out a loan (and haven’t missed a payment so far). I was made redunant from my job and lloyds agreed to give me a £1500 overdraft and I had 12 months to pay off. After my car breaking, having to move and other money commitments- after 11
months I still had not paid off the overdraft. Went to the bank to ask for an extention on the time OR borrow more on my loan. Their answer = no. They couldn’t help me. They told me to borrow off family or try get a small loan from somewhere like tesco. (yes because I have family that will lend me £1500!!! NOT!) and if they won’t give me a loan then neither will tesco or anywhere else.
So I left the bank feeling worse than ever. I couldn’t risk all of my wages being swallowed by the bank so I opened a Natwest account and having my wages paid directly into there.
I have changed all d/d over to natwest apart from loan. Basically I was going to ask can I ask lloyds to change my loan repayments from my Lloyds account
to natwest as it’s a completely
different bank and it’s a lloyds loan.

Please help – need to raise cash to get loft converted and clear some debts. I do have a small mortgage but do not qualify for homeowner status – our rented side will not allow us to get a homeowner loan. Due to our debts we could not buy the other side of the house (rented bit) although we could have afforded it – apparently we were too much of a risk – even though our monthly outgoings would have been cheaper – as a result we are stuck in a catch 22 situation. Can someone please help – just had baby no 2 and need the space!!!

I applied for a loan today, to 3 different banks. Sainsburys, Tesco and Alliance and leicester. It was for £8k but they all said no! They told me to check my credit report so i have signed into experian to check this. It all looks fine. All credit accts are green wth no late payments. I dont have any outstanding debt as i just paid my car loan off. The report is up to date and says i have 0 debt. I just cant understand why they said no… On the report it says available credit is 0 because i currently have no credit cards etc. surely this is good though? no debts and no negative history = low risk customer?? I’ve not had much credit in the past and my report reflects this, there is my bank acct, in good order and my car loan which was 14k also paid on time without problem and now satisfied… maybe the banks just wont lend to tenants but their adverts say differently…