looking for new current account - help!

johnboy101

hello everyone

newbie user who's looking looking for some help please.

my wife and i have been discharged bankrupts since april last year. we have a basic account with co-op but are looking to change as we are unhappy with their service (credit checked for a savings account among many irritants).:mad:

idealy we'd like a "proper" current account, as it helps with internet transaction but understand that we may not be elegible.

we have had a couple of glitchs over the past year with dd's bouncing and we need a parachute account as we are going to try to reclaim some charges

can you suggest who are the more "lenient" banks for adverse (really crap) credit scores and who best to apply to?

many thanks in advance

johnboy101

johnboy101

oops double posted there, sorry

jonesMUFCforever

I think a basic account is probably the best you can hope for for now.
Sorry but I don' t see any bank welcoming you with open arms do you?

Homework

If you find such a lenient bank please report back.

I remember one of the banks we enquired with said that we would have been able to get a better account had we been bankrupt but as we were repaying our debts we would have to wait until every penny was repaid. I don't remember which one it was but there may be one who will take you.

If they don't I would think it would be a good idea to get into a basic account with a bank you don't have any grievences with and build up a responsible banking record with no charges and regular income and use that record as evidence to try and get an account in the future.

mleonard79

I'm afraid I agree - getting a basic account with a large established bank and then patiently building up your credit rating again with responsible banking is probably your only course of action.

Regards

Michelle

Sazere

Co-op Cashminder - you already have
Natwest Step Account - basic bank account with Solo card
Citibank - did accept discharged bankrupts and bad debters a couple of months for a current account with a normal Visa debit card, some people got £100 cheque guarantee cards as well

Someone does Electron but can't remember who, check out basic bank accounts thread at top of forum.

No banks will give full current account without credit checking!