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RBS Loans


Marky Boy
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Hi all,

 

Just a really quick question. I am going to claim money back from the RBS. However i have a loan with them, and an overdraft. I could probs pay off the overdraft, but not the loan.

 

If i claim and they close my account do i have to pay the loan back there and then??? Also are they known for closing accounts???

 

I did have a look in the FAQ but couldn't find these answers.

 

Thanks

 

Mark

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Hi mark

 

I'm in the same boat..... I have a small overdraft (£500 ) and a considerable loan.

The loan and the bank account are two different creatures. if they close your account (unlikely but possible) then the loan would still have to be paid as per aggreement by other means. they could request immediate repayment of the overdraft but not the loan.

 

Dave

** We would not seek a battle as we are, yet as we are, we say we will not shun it. (Henry V) **

 

see you stand like greyhounds in the slips,

Straining upon the start. The game's afoot:

Follow your spirit; and, upon this charge

Cry 'God for Harry! England and Saint George!'

:D If you think I have helped, informed, or amused you do the clickey scaley thing !! :D

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