Grrr Lloyds TSB

[utilityreg]

Had a letter from Lloyds yesterday...

Lloyds reduced my O/D to the highest amount it's been in the last 3 months plus a bit of 'leeway' in their words. How the hell do they know what my situation is going to be in the next 3 months?!

On my statement it clearly says my overdraft is up for review in April 2010. If they were going reduce it why didn't they do it April of this year?

I rang up to contest this and they have given me until the end of August but left me up ****s creek

Anyone else has the same thing??

[utilityreg]

A quick dilemma that I hope someone can help with.

My current overdraft is £10,000 and I am currently £5,000 overdrawn. After I have had all of my bills come out etc. I will be £4,000 overdrawn and they want to reduce it to £4350.

If I take the money out now and put it into another account and stay about £9,500 overdrawn and pay it off slowly, is there much they can do?

[rippedoff15]

correct draw the funds out NOW before they reduce it , thats what we did last year and in the end they did not reduce it , but a shame i went BR in Feb 09 and the whole amount has now been written off

[utilityreg]

Well I've tried the road of I will switch to NatWest and I was gonna switch my mortgage to you etc. etc. and see what happens!! If not the funds are being drawn and I will pay if off bit by bit much like a loan!!