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!
No problems with Credit Report, yet I can't open an account!
scuffell
Posts: 5 Forumite
Hi there,
I have tried to apply for a student bank account at both Lloyds TSB and Halifax. In both cases I was turned down, citing my low credit rating as a reason for not opening an account.
I am 18 years old, and I am going to university next year. I ran a credit report from Experian, Call Credit Check and Equifax and none of them show any problems with my details, and no late payments.
However, all of the reports report the account balance on my current accounts to be £0.00 (which they are not!)
Is this normal, or is there a means by which I can raise it with the credit agencies so that I am able to apply for one of these accounts?
Thanks for your help.
I have tried to apply for a student bank account at both Lloyds TSB and Halifax. In both cases I was turned down, citing my low credit rating as a reason for not opening an account.
I am 18 years old, and I am going to university next year. I ran a credit report from Experian, Call Credit Check and Equifax and none of them show any problems with my details, and no late payments.
However, all of the reports report the account balance on my current accounts to be £0.00 (which they are not!)
Is this normal, or is there a means by which I can raise it with the credit agencies so that I am able to apply for one of these accounts?
Thanks for your help.
0
Comments
-
Are you on the electoral register?
What about getting a student account with your current bank?"One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
When I have viewed my reports any positive balance shows as zero. Only credit card and debit balances show. I am guessing this is because it is a credit report and as such they are only interested in borrowing.
My guess is the same as mrcow - if you are not registered on the electoral role you will have trouble getting a bank account.0 -
Try Barclays and Natwest.0
-
If you are going to University NEXT year you don't need a student account now.
You don't qualify for one unless you already have a UCAS letter confirming your course.0 -
It's a little early for student account applications. When I was applying in 2005, you need your confirmed offer letter after you have met all the requirements... so if you're taking A levels etc now then you wont have this yet
EDIT: damn...beaten to itDebts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts
Olympic 2012 Challenge #12
0 -
Yes, I am on the electoral roll.
Many thanks for your help so far!0 -
And I forgot to say - I applied for deferred entry last year, so I already have a confirmed university place through UCAS.0
-
im stumped then...
do you have any CIFAS notices? lots of searches or lots of credit accounts??Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts Olympic 2012 Challenge #12
0 -
1 credit search in 6 months, and no CIFAS reports.
Any thoughts on how/where I could appeal against this?0 -
Which bank are you with at the moment?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards