Help.. i am starting a IVA very soon and need to find..

rochie100

a new bank account but i need to find one that does direct debits and standing orders.

I dont want an overdraft or cheque book but a debit card would be preferable, does any one know which one is the best for people with bad credit ?

any help would be appreciated

thanks:o

Come_on_u_blues

Hi you will find the co-operative bank does one call the cashminder with everything you need think barclays and natwest do one not sure.

rochie100

Hi thanks blues i have debt with the co-op bank, and barclays so dont think i can go with them,or can i?

smartjodie

Hi there,

We've just done that!

Tried Barclays first and they wanted both me and hubby to sit with them for 2 hours!! Obviously to try to sell us all sorts of insurances and savings accounts! Dunno 'bout you but to find 2 hours together without any kids just to listen to someone giving us the 'hard sell' was not really an option for us.

Then tried Natwest - who I will say is NOT the 'helpful bank'. Tried applying online then chasing paperwork with a phone call. They couldn't talk to me on the phone because I didn't have an account yet!!

Finally we called the cooperative.... they've been brilliant!!! All we had to do was go in branch to sign a joint mandate (only because we wanted a joint account, you wouldn't have to for a single). We had our account numbers within 4 days!! Best of all when you phone them you get straight through to an actual person!!

Sorry for the long winded reply!!

Jo.

ps. Natwest paperwork arrived about a week after sorting it with co op!

FoggyBrain_2

If you aren't too far behind with payments your record won't look too bad at the moment. We opened accounts with co-op (not for you) and Natwest. Co-Op, as above, was far quicker, but Nat west came through.

rochie100

thanks for the replies i have applied to natwest and said answer will be in the post do you think i would be able to apply for the co-op even though i had a loan with them 9 years ago and been paying via dmp(iva is the way as this debt is gonna go on for 11 years) or not?

FoggyBrain_2

If you are currently in an arrangement with Co-Op they are unlikely to give you an account, I'm afraid. But, your credit record will be shot anyway, so there is no harm in trying. There is, however, a good chance that they will close it when they realise the circumstances ( has happened before!)

Have a look at the Yorkshire Building Society website. They do an e-account that I think has limited SO and DD facilities.

mazcrain

Hi
My husband got one with Yorkshire Bank, Ready cash account. It hasn't got an overdraft facility but came with a debit card, and he is able to pay DD's out of it. He was in with the manager for 15 minutes tops.

smartiedriver_2

I've an IVA and i got a Nationwide flexaccount, with DDs/SOs, and a debit card.

debtfree2016

Hello

I also have a Nationwdie Flexaccount with an IVA, the internet banking service is very good as well.

Best of luck

HappyJanner

NatWest do one with a debit card and you can do direct debits. HTH.