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NS&I poor credit rating
moohound
Posts: 1,209 Forumite
I have a trashed credit rating from when I went into debt management, everything was paid off over a year ago, and I am saving in an ISA. My defaults will drop off in 3 and a half years.
HSBC would not let me have a savings account because I still have a basic bank account, but they let me open an ISA.
Could I have an account with NS&I as I want to save for specific things in different pots as it were. I don't want to apply and be turned down.
Also the interest is paid gross, is it much of a chore to sort out the tax payment due on it?
HSBC would not let me have a savings account because I still have a basic bank account, but they let me open an ISA.
Could I have an account with NS&I as I want to save for specific things in different pots as it were. I don't want to apply and be turned down.
Also the interest is paid gross, is it much of a chore to sort out the tax payment due on it?
ISA £1675 
MiniMoohound savings £3685.86 :T Plus £3800 CTF 
'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
Poacher turned Gamekeeper
Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
MiniMoohound savings £3685.86 :T Plus £3800 CTF 'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
Poacher turned Gamekeeper
Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
0
Comments
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NS&I don't provide credit so they don't have a need for a credit check.
If you get gross interest from them, you have to tell the HMRC about it.0 -
Excellent, thanks for the reply, I want to save £250 a month and need somewhere to put it, so I will apply tomorrow
I didn't want to apply and be rejected I feel like a pariah as it is.ISA £1675MiniMoohound savings £3685.86 :T Plus £3800 CTF
'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
Poacher turned Gamekeeper
Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 200
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