Bank of Scotland Accounts
17 reviews from the community
Review of "Bank of Scotland Accounts"
After banking with the Bank of Scotland for several years they kept offering me a loan.Finding myself in a spot of financial difficulty I decided to take out a Loan with them to cover all my debtors.
Everything seemed fine at first, but included with the loan came a new account - Preference account.
I had an immediate access to £600, very nice indeed, but too easy!
So as I used the account and eventually reached the cards limit, they without telling me increased the cards limit. Now I know that its always wise to live within your means, but when someone shoves £250 more under your nose do you spend it or not?
It was so easy to spend all of thier money, takeaways every night etc, BUT!
When it comes to paying it all back beware! The interest rates are astronomical
Over the last 4 months , out of the £488 I have paid them, the balance went down a staggering £120 , I am not accusing them of money grabbing and it is my own fault I found myself in this situation, but be warned, the nice smiling blonde behind that sheet of glass is not smiling cos she likes you, oh no, she is smiling cos you pay her wages, and lots of it no doubt.
Well good luck to all of you that decide to take a loan with them , dont use the preference account, snap the card up, throw it away, but please, they are rich enough without giving them your hard earned!
Product Information : Bank of Scotland Accounts
Manufacturer's product description
Listed on Ciao since: 18/06/2008