www.iva.co.uk

I have an account with Lloyd's and a loan and was advised before I do an IVA I had to set a new bank account up I have done that but didn't realist that the Halifax is part if Lloyd's can Lloyd's access my new account ?

Hi, not sure who is associated with whom but others posters will so hang in there hopefully someone will have your answer.

Welcome to the forum.

I wouldnt think so but hopefully someone will be along soon who knows more .

Lloyds and Halifax are part of the same group and, while they shouldn't be able to access your account, it might be a good idea to open an account not linked to any of your creditors.

When I started my process I was with lloyds who was one of my creditors. They said to open an account with so wine that had no connection with any of my creditors as they may be able to go into the new account. After a long search I went for a nationwide account. Fantastic people to be with and no account fee's!!

They are both part of the same group, Lloyds Banking Group.

They told me at Lloyds that they could not see my Halifax accounts. Halifax were part of my IVA. When I went in to close the Halifax account I had lying dormant for the life of the IVA I were told that they could see me Lloyds accounts. Go figure that one out!!!

I banked with Lloyds TSB throughout my IVA and did not have any problems, had the full current account only no overdraft, but had full offline debit card (the type that was contactless and could be used at pay at the pump machines) and cheque book.

I've since heard that if I was to apply for a mortgage with them they would check all accounts in LBG including Halifax. This has put me off them somewhat, so now moved main banking across to Nationwide who have no ties with passed creditors whatsoever.

To Lloyds TSB credit however, they did give me a credit card after the credit file got sorted out post IVA