We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Account setups
Options
PatJoe01
Posts: 1 Newbie
Hi There
I was looking for some advice, I am taking over a business for the first time were by I need to set up a bank account (with Overdraft) , Landlord Agreements and couriers all require a credit check as confirmed by my contacts in each sector, now I know the Bank account will definitely give a hard search as they are providing an Overdraft that said I haven't had confirmation as yet from Landloard or the various couriers which type of search will be made on my account (one courier has confirmed hard search). I will require the majority of all these things to be live within the space of one month, how is that likely to play out with the credit reports being sent back as I have read that they advise only one search every 2-3 months otherwise it can be damaging to your score/report, my main concern is that one falls through! I am not desperate for credit but it may look like this :eek:
I was looking for some advice, I am taking over a business for the first time were by I need to set up a bank account (with Overdraft) , Landlord Agreements and couriers all require a credit check as confirmed by my contacts in each sector, now I know the Bank account will definitely give a hard search as they are providing an Overdraft that said I haven't had confirmation as yet from Landloard or the various couriers which type of search will be made on my account (one courier has confirmed hard search). I will require the majority of all these things to be live within the space of one month, how is that likely to play out with the credit reports being sent back as I have read that they advise only one search every 2-3 months otherwise it can be damaging to your score/report, my main concern is that one falls through! I am not desperate for credit but it may look like this :eek:
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards