coop bank closed my account

nathan93

ok due to being unemployed for a year last year ,we went through a bad patch all bills now up to date. but due to being overdrawn 3 times in three months 1 of them being because of miscalculation of overdrawn fees the bank have sent notice to close my account. so upset what will i do finally both now working in good jobs what bank will give a bad credit history a account .no ccj or anything like that but 7,500 of debit but all payments up to date. any advice?

xylophone

http://www.moneysavingexpert.com/banking/basic-bank-accounts
might be worth a look.

happy_bunny_2

Are you saying the account has a £7500 overdraft that's used?

Some banks report 1 payment late on the account to CRAs if you go over your OD or go overdrawn without one.

Just closing your account won't show up as negative I don't think, unless it has an overdraft in which case it will show as default.

HB

nathan93

No there is no overdraft owe the bank nothing .thank you for your reply's

jonesMUFCforever

Other banks may offer you a basic account - some may offer you a full account but a credit search will be undertaken.

Archi_Bald

There's also the YBS Cash Transactor, which is essentially a savings account with an ATM card and facilities to pay bills.

There is, as far as I am aware, no credit check for this account because you cannot get overdrawn. Not sure how they handle charges for any failed DDs etc but hopefully you are on top of this issue now.

chuckley

coop is strict with three strikes and ur out. but surely u can get a basic acc anywhere else?

I got RBS and nationwide. and to be fair the only different is no overdraft.

count them closing it as a blessing. they're trash!!

nathan93

yes just realised why i became overdrawn. check my balance by text because i am pretty tight on finances. checked what was coming out and and withdrew the difference but hey ho that system was wrong. glad i am away now. thank you for all your help.