Lloyds TSB are one of the worst banks in banking history. Click To Visit Banks Who Rob Me
How can a bank get away with placing adverts on TV saying “We Are Good With Money” this advert is clearly mis-leading and false as they went broke.
We have been investigating Lloyds TSB for sometime now and its clear from what we have found they always use the weight of the organisation to put pressure on customers to pay over the top fees, to put companies out of business and then squeeze the owners for the personal guarantee monies, with using extreme undue pressure to force people to pay up.
In these circumstances its evident that Lloyds have broken contractual agreements, by exerting undue pressure on customers.
Another point we have had many complaints made about to us is the way they shut customers down and put them out of business by calling in all monies owed to them, in particular from limited companies with personal guarantees from directors.
How Lloyds TSB do this is to suddenly get the business manager you have been dealing with for ages to send you an email or fax, that very quickly and sweetly states, we cant pay any more monies out of your account and we don’t want to be put in a position to have to return payments.
Then when you contact Lloyds TSB they never return your calls, never reply to faxes, never reply to emails and never reply to letters sent through the post.
If you have a loan or overdraft with Lloyds TSB they state very clearly “The bank aims to provide the highest level of customer service possible. However if you expereince a problem we will always seek to resolve this as quickly as possible”
With them failing to respond this is a breach of the contract you signed, making it impossible to enforce the personal gurantees as the bank broke the contract not the customer.
We are setting up a blog soon for people to register on and to share the banking horrors they have had whilst being in business, we feel its time the pressure was felt by putting the boot on the other foot. keep an eye open for Banks Who Rob Me its coming !