Basic bank account HSBC

gjoiner181

i have already spoke to hsbc and they said that a letter is being sent out, they cannot disclose any information over the phone as it is restricted on there end? is this bad?!

TheEffect

Check your credit report from Equifax, Experian and Call Credit. It's possible you have a default on one of them, which is causing banks to close your accounts/decline you.

As for going into an overdraft at 17, then refusing to pay it back, you need some sharp, to the point, life lessons. You borrowed the money, so you pay it back. It doesn't matter if you're 17 or 70.

The culture of 'blame everyone but myself' is sickening. Grow a pair.

grumbler

gjoiner181 wrote: »

i have already spoke to hsbc and they said that a letter is being sent out, they cannot disclose any information over the phone as it is restricted on there end? is this bad?!

They will never tell you the reason. Do your own research as suggested above.

gjoiner181

what is a default and isit possible to solve this?!

gjoiner181

i am finding it hard to get a credit report as i have no bank to verify ID

grumbler

Ask on Credit File & Ratings board how to get your files without a card.

Re the 'default' see, say, Your credit report explained - Experian (p. 11).

If it's a correct record, the only you can do is to have it changed to 'settled' by paying what you owe to Lloyds and making sure that they report this. That said, this is likely to make very little difference if the only record in your credit history is 'default' (settled or not).

xylophone

Try to open a savings account with an ATM card? You can have your salary paid to this.

Yorkshire BS offers an internet saver. http://www.ybs.co.uk/savings/online/index.html

System

Can the OP even legally default on anything when under 18?

All sounds a bit odd to me

pmduk

I wonder if it hinges on the way the account became overdrawn in the first place?