Iva or another unsecured loan please help Soon!!

wigglers

Ive spotted the rbs 2% back on household bills the account fee is £2 a month but u get £150 for switching also 2% back on bills i would defo have the dd coming out and pay In £1500 it's just the fact u have to pay on it

TheGardener

wigglers wrote: »

Ive spotted the rbs 2% back on household bills the account fee is £2 a month but u get £150 for switching also 2% back on bills i would defo have the dd coming out and pay In £1500 it's just the fact u have to pay on it

If there is a credit facility to this account (overdraft) then whichever form of insolvency you take its unlikely you'll be able to keep the account. You will need a 'basic' account which means you are unlikely to get a 'switch' fee unless the bank you switch too includes its basic accounts in its 'switch' rewards scheme.

wigglers

Yeah that makes sense probably not the best move then? Although if I can switch it and maybe keep it until after I've put the 1500 and had 1 or 2 months bills go out of it.. Is it worth switching? I've applied for a basic barclays account which they have agreed to.. So now whats the next step speak to all people I owe money too and explain I'm seeking debt advice? What do i do about the fact hsbc will want payment for the over draft etc etc???