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Scottish Trust Deed Forum
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Topic starter
07/05/2020 10:18 am
Hi,
Wondering if anyone can help. My husband is 3 weeks in getting his deed protected. I logged onto one of our credit companies this morning, we both have 2 with the same company. I used the wrong details originally and got into his by mistake. I was very confused though as it said we had our full credit amount available which was not the case as the account only had a little if a 1000 limit on it.my personal account is normal. Why do you think this may have happened. I know we wouldn't do it but they have theoretically opened up all the credit again. I am extremely confused.
Ss
07/05/2020 10:42 am
Hi Mrsfrisbee.
I don't know why this would be the case. It might be some administrative procedure used by the firm when an account becomes subject to a trust deed, but that's just a wild guess.
It's obviously best not to access that credit because any credit incurred after a trust deed begins will not be included in the arrangement.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
07/05/2020 10:48 am
Hi thank you. I have no intention of using it again. Just very confused as it says my available balance is exactly my credit limit and there was only a marginal amount left over when trust deed was put together
Ss
