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arcticmonkey7
Posts: 5 Forumite
Hi,
Just wondering if anyone has found they have been able to open a regular bank account with an overdraft facility after discharge? I was discharged last month so still have the basic Nationwide account at the minute
Thanks
Just wondering if anyone has found they have been able to open a regular bank account with an overdraft facility after discharge? I was discharged last month so still have the basic Nationwide account at the minute
Thanks
0
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Hi there
I feel it may be tricky to get an overdraft facility so soon after discharge. While there is nothing to stop you trying (unless you have a BRO, then you must declare the bankruptcy when applying for more than £500 of credit) the bankruptcy is recorded for 6 years on your credit file. This could make it hard to get an overdraft at this stage. However I'm sure other members of the board will be along to speak from personal experience.
Best wishes
Susie
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
Hi usually you would have to wait until the B.R is off your credit file so 5 years after discharge, I found that to be the case myself.0
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I tried applying for a regular Nationwide account about 6 months ago, 2 years after discharge, and was turned down.Save £12k in 2024 #29
January take lunch to work goal - 13 of 190 -
KeepOnKnitting wrote: »I tried applying for a regular Nationwide account about 6 months ago, 2 years after discharge, and was turned down.
Have you since discharge had a look at your credit files to see if everything is as it should be?
https://forums.moneysavingexpert.com/showthread.php?t=677875Not quite a newbie as you think ;) (the member formally known as philnicandamy!)
FINALLY a qualified CAB debt caseworker 2015..:p
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philnicandevan wrote: »Have you since discharge had a look at your credit files to see if everything is as it should be?
https://forums.moneysavingexpert.com/showthread.php?t=677875Save £12k in 2024 #29
January take lunch to work goal - 13 of 190 -
Why would you want one?0
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Why would you want one?Save £12k in 2024 #29
January take lunch to work goal - 13 of 190
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