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New job... overdraft? Help please!
Just a quick one here...
Starting a new job on 15th November and literally have £3 in my purse to last me until my first payday.:(
I have a basic bank account with the Halifax (Easycash account) and my credit rating is less than perfect for many reasons.
What would be my chances of getting my bank to agree to an overdraft with my appaling credit rating if I can give them proof of my impending employment and salary?
Thanks in advance for any help!
Starting a new job on 15th November and literally have £3 in my purse to last me until my first payday.:(
I have a basic bank account with the Halifax (Easycash account) and my credit rating is less than perfect for many reasons.
What would be my chances of getting my bank to agree to an overdraft with my appaling credit rating if I can give them proof of my impending employment and salary?
Thanks in advance for any help!
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Comments
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I would very much doubt that they would give you an overdraft on the easycash account - from my understanding its a basic one. Sorry xxx rip dad... we had our ups and downs but we’re always be family xx0
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Any other ideas?! I don't want to go down the payday loan route from the many posts I've seen on here...0
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Have you been on JSA?If so you may get a £100 back to work bonus0
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There's no chance of an overdraft I'm afraid.
As long as you intend to pay it back in full, this is what a payday loan is for I would imagine. It's a slippery slope so you would have to be mega careful.
Good luck."We want the finest wines available to humanity, we want them here, and we want them now!"0 -
Zopa might be a better option.Never Knowingly Understood.
Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)
3-6 month EF £0/£3600 (that's 0 days worth)0 -
I would ask the bank to change the account to a standard current account with overdraft
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If you are just changing over jobs what is happening with your final payment from your present employer? Can they not forward it on to you when you leave if you explain your hardship to them?"If you no longer go for a gap, you are no longer a racing driver" - Ayrton Senna0
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There's no chance of an overdraft I'm afraid.
As long as you intend to pay it back in full, this is what a payday loan is for I would imagine. It's a slippery slope so you would have to be mega careful.
Good luck.
I don't think I can go for a payday loan as I cannot supply a payslip for a job that has not yet started... problem after problem!!!0 -
Jeff_Bridges_hair wrote: »If you are just changing over jobs what is happening with your final payment from your present employer? Can they not forward it on to you when you leave if you explain your hardship to them?
I am going from weekly pay (and part time work) to monthly pay (and full time work). My last pay was for only 8 hours work so as you can imagine, it wasn't going to last until my first payday in my new job!0
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