Dartagnan - hardly helpfull comments. Not all OAT grads are rich kids. Many have to secure loans against their or their parents properties. Takes some bottle.
I think some are misssing the main point. HSBS loans are
secured. Thus it is less important about the individuals credit history as long as the bank can get their funds back if the deal goes T**S UP.
HSBC have only been offering secured loans for a number of years now, so it was pre the credit crunch. Just sensible pragmatic banking.
You need to talk to OAT/HBOS and find out their views. Don't try and hudwink them by doing it via someone else. Hardly a good start to a financial deal. they may be less than pleased if they find out and your credit rating could sink even further.
Most lenders will load you funds as long as it is secured. Different completely if unsecured, then you would have nil chance.
Good luck.
Skintman.