Bad credit - Parachute needed

[Mikelatham]

If someone were to have bad credit, lets say because of a vodafone default that went on 3 years ago, and say this person were to be declined on a smile.co.uk current account, what would be an option to get a parachute bank account? this person doesnt need an overdraft, but DOES need a direct debt facility. Which banks will accept pond life?

 

Thanks in advance.

[barracad]

If someone were to have bad credit, lets say because of a vodafone default that went on 3 years ago, and say this person were to be declined on a smile.co.uk current account, what would be an option to get a parachute bank account? this person doesnt need an overdraft, but DOES need a direct debt facility. Which banks will accept pond life?

 

Thanks in advance.

 

People seem to be getting a Natwest Step Account fairly easily.

[Mikelatham]

The person in question will give it a go tomorrow. Thanks.

[poochball]

A really easy one to get is the one I have (I have a bad credit history, some might say a credit search on me makes a red light flash).

 

It is called the open plan current account from the Woolwich, has a Visa Electron Card, Online Banking, Direct Debit, Standing Order and they don't credit check you.

 

Hope this helps

 

Thanks

[simm1701]

Best place I know of for opening an account when you have bad credit is nationwide

[brian_r_gibson]

Thanks poochball, I too might try that one before reaching terminal velocity so to speak. I also get that flashy red light and siren effect when credit checked.

 

A really easy one to get is the one I have (I have a bad credit history, some might say a credit search on me makes a red light flash).

 

It is called the open plan current account from the Woolwich,

 

Merci

 

BG

[apollo69]

Oh they do credit score you for a Woolwich OPC. If your score is low then you will get an Electron with no OD and if higher then OD and debit card. Be careful if you don't want any more searches on your file!

[norvernrob]

The Natwest give a step account to virtually anyone - including 2 people I know that had been bankrupt. It allows DDs and comes with a useful solo card.

[Mikelatham]

excellent!

 

I went into natwest today to open a step ac, and they credit checked me. i was delighted when they gave me the option of an advantage GOLD account with cards and the lot.

 

does anyone know if its true that constant standing orders between current accounts boosts your credit rating? eg. £100 constantly going back and forth between two accounts. on a credit file there is nothing about current acounts (apart from a default) but it might affect you score in points?

 

anybody know??? Thanks