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
Credit rating and Childrens accounts.
cleggie
Posts: 2,169 Forumite
Hi all.
i am wondering if a parents credit rating is used when doing a credit search for their childs first bank account?
My son is almost 12 and i want to open him a bank account, but as it is i have an appalling CR (and can only get a Natwest step account for myself) i am wondering if this will make a difference?
i am wondering if a parents credit rating is used when doing a credit search for their childs first bank account?
My son is almost 12 and i want to open him a bank account, but as it is i have an appalling CR (and can only get a Natwest step account for myself) i am wondering if this will make a difference?
0
Comments
-
Hi all.
i am wondering if a parents credit rating is used when doing a credit search for their childs first bank account?
My son is almost 12 and i want to open him a bank account, but as it is i have an appalling CR (and can only get a Natwest step account for myself) i am wondering if this will make a difference?
A Childs account (Under 18), is not credit checked as there is no credit facility avaialble to under 18s. it may have an ID validation check but that is all.Over 100k miles of Electric Motoring and rising,0 -
Thanks Vicky!
I will pop in and open him an account next week then.
Thanks!
Claire.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards