We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Bank Advice Please

MessyMum
MessyMum Posts: 62 Forumite
in Debt-free wannabe
Hi there,

I'm new to this forum thing, so please let me know if I am doing anything wrong :)

Ok, so my husband and I are in a mess with our money, i've spoken to the CCCS this morning and are in the middle of completing a debt plan with them (stupidly didn't have all the information i needed to hand).

They have advised us to open a new bank account with a new bank, we are currently with HSBC and owe money to them on loans and Credit card and overdrafts.

I just wondered if anyone has any advice on which are good banks to go with.

Many thanks in advance

:o

Comments

  • Knotty29
    Knotty29 Posts: 27 Forumite
    I'm on a debt management plan with payplan. I opened an easycash account with Halifax as they don't do a credit check on you. You don't get any features like an overdraft or cheque book, but thats a good thing as far as I'm concerned.

    I do have telephone banking with them and they also allow direct debits and standing orders.

    ETA, I have a Visa Electron card with them which is accepted pretty much everywhere.
  • 10past6
    10past6 Posts: 4,962 Forumite
    I have a step account with Nat West, you can apply online, no o/d no cheque book, debit card and DD are OK though.
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
  • piglet39
    piglet39 Posts: 301 Forumite
    Step account worked best for me.

    HTH

    Piglet
    LBM Nov 07
    Challenges: A Payment A Day Challenge 2012 Joined 08.03.12
    PADding Total:March £57.65 April £10.10
    DFWNerd - 1041-Proud to be dealing with my debts!
    Pesky CC March 2012 £2916.73:eek:
    Debt@March 2012 (inc OD) £5615 DFD self imposed target Feb 2014
  • MessyMum
    MessyMum Posts: 62 Forumite
    Hiya,

    Thanks for the advice, I have applied for the Natwest account, just have to go to the branch and sign the paperwork

    :)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture