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lloyds Current account

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  • #31
    Re: lloyds Current account

    I always wonder what that means.! 87% of judgements are default, that could be because many defended claims are successfully defended. No figures for that

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    • #32
      Re: lloyds Current account

      So...is it wise to make an offer? Mc

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      • #33
        Re: lloyds Current account

        I don't have a crystal ball nor am I qualified to advise. You need to do what is best for you.

        I can't recall how much this is for

        Comment


        • #34
          Re: lloyds Current account

          Personally I would be making a complaint to LLoyds for misselling of the account, the payout from them for the fees paid could be quite substantial. Martin Lewis (Money Saving Expert) Guide to and free tool for Reclaiming here.

          It may mean that you can negotiate a settlement on this and offset that against any recovery of the fees from Lloyds.
          COMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE

          My posts here are based on my experience of a variety of life events. I have no formal legal training & if in doubt take professional legal advice or contact CAB. If you follow anything I write here you do so at your own risk & I accept no liability for any loss, costs or other outcomes.

          Private messages are disabled as help is only offered publicly. I do not come on here in the evening, at weekends or on public holidays.

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          • #35
            Re: lloyds Current account

            Originally posted by jaguarsuk View Post
            Personally I would be making a complaint to LLoyds for misselling of the account, the payout from them for the fees paid could be quite substantial. Martin Lewis (Money Saving Expert) Guide to and free tool for Reclaiming here.

            It may mean that you can negotiate a settlement on this and offset that against any recovery of the fees from Lloyds.
            What was mid sold? All I can see is an overdraft

            Comment


            • #36
              Re: lloyds Current account

              Originally posted by warwick65 View Post
              What was mid sold? All I can see is an overdraft
              Earlier in the thread I'm sure (if memory is serving me correctly) the OP stated that the bank account had fee applied and that his wife had only taken it in conjunction with agreement of the overdraft?

              That would be a form of mis selling of the product.
              COMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE

              My posts here are based on my experience of a variety of life events. I have no formal legal training & if in doubt take professional legal advice or contact CAB. If you follow anything I write here you do so at your own risk & I accept no liability for any loss, costs or other outcomes.

              Private messages are disabled as help is only offered publicly. I do not come on here in the evening, at weekends or on public holidays.

              Comment


              • #37
                Re: lloyds Current account

                Originally posted by jaguarsuk View Post
                Earlier in the thread I'm sure (if memory is serving me correctly) the OP stated that the bank account had fee applied and that his wife had only taken it in conjunction with agreement of the overdraft?

                That would be a form of mis selling of the product.
                All I can see is the reference to a gold account. If I have missed something please point me to it. In any event, just because there was a fee doesn't mean it was mis sold

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                • #38
                  Re: lloyds Current account

                  Well no, but the guide by the money saving expert goes through what counts as mis-selling and if I have misinterpreted then I apologise for muddying the waters.
                  COMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE

                  My posts here are based on my experience of a variety of life events. I have no formal legal training & if in doubt take professional legal advice or contact CAB. If you follow anything I write here you do so at your own risk & I accept no liability for any loss, costs or other outcomes.

                  Private messages are disabled as help is only offered publicly. I do not come on here in the evening, at weekends or on public holidays.

                  Comment


                  • #39
                    Re: lloyds Current account

                    This was aLloyds 'Gold account whereby my wife was paying £10 per month for.

                    Comment


                    • #40
                      Re: lloyds Current account

                      Thanks for that and I have done so just now. I was told in an earlier thread that Cabot do not have a license from the FCA. Would they need that to be able to issue with any possible court proceedings or to able even to acquire the debt from LLoyds in the first place?

                      Comment


                      • #41
                        Re: lloyds Current account

                        If you wish to pursue a reclaim that is your choice but would likely be entirely separate to any potential claim.
                        The debt is owned by cabot.

                        I suppose it would depend on if she used any of the features or benefits of the account and just how much she had paid in fees.

                        Comment


                        • #42
                          Re: lloyds Current account

                          Originally posted by McGinty View Post
                          Cabot do not have a license from the FCA. Would they need that to be able to issue with any possible court proceedings or to able even to acquire the debt from LLoyds in the first place?
                          Possibly

                          Di

                          Comment


                          • #43
                            Re: lloyds Current account

                            They can issue a claim if they want. It would very much depend on if you could explain the legal arguments about not being authorised. I do not understand them although I am sure they are valid. Quite frankly they will, I think, avoid a big case on them but that doesn't mean they won't make claims against Lips

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                            • #44
                              Re: lloyds Current account

                              Lips??

                              Comment


                              • #45
                                Re: lloyds Current account

                                Originally posted by McGinty View Post
                                Lips??
                                Litigant in Persons or your average joe defending a case without a Solicitor
                                COMPLETING AN N180 DIRECTIONS QUESTIONNAIRE (SMALL CLAIMS TRACK) GUIDE

                                My posts here are based on my experience of a variety of life events. I have no formal legal training & if in doubt take professional legal advice or contact CAB. If you follow anything I write here you do so at your own risk & I accept no liability for any loss, costs or other outcomes.

                                Private messages are disabled as help is only offered publicly. I do not come on here in the evening, at weekends or on public holidays.

                                Comment

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