advise with setting up a back-up account

rrelite

going to cut a long story short, about ten years ago (just turned 18) i got a couple of credit cards and lloyds tsb gave me a £1000 od when i lost my job tsb removed my overdraft facility and i couldnt pay my credit cards or overdraft back, after a few months they all defaulted and that was that.

now im a little more mature im looking at repairing my credit file i still have 4 defaults on there that will all be gone in the next 18 months. i have currently got 4 open active accounts all in good stead, no missed or late payments and my credit card paid off in full every month.

i earn about the £20k mark and my wife also earns about £14k

my accounts are

1-THREE Phone perfect payment history
2-Nationwide bank account £100 od with about £3k in
3-Virgin media perfect payment history
4-Vanquis credit card £100 limit paid in full every month

My defaults

1-Capquest Settled
2-Halifax current account default £98 (it was all fees)
3-Carphone warehouse default £647
4-Marlin finacial services £164

any how what i would like to know if any one can help me is how long can a company keep my details on there records? i would like to open a basic bank account with no credit facility with lloyds tsb so i can start saving some spare money and have a back up bank account incase there are ever any down issues with my main current account.

as you can see the lloyds default was ten years ago and is well and truly off my credit file but if i apply for their basic account will they still hold details of me from all those years ago and decline my application.

thank you for taking the time to read my long winded post but i wanted to provide as much detail as i can to help your replies thanks rich

matttye

They'll probably still hold details of you but it won't be an automatic rejection I don't think.

I defaulted on an O2 contract in February 2009 and I've had two more contracts with them since then.

DS4215

If you owe money to a bank and they let you open a new account at some point they could take their money back. You still owe the debt to them, and even if it is statute barred that just means they cannot pursue it legally through the courts.

If you need another account open it with a bank that is completely unconnected with any of your past debts.