If you have had credit problems in the past, it could be difficult for you to get a bank account. This is particularly true if you do not have a stable history of having a job. There are also instances when you might have a difficult time getting a bank account due to issues with a previous bank account. It is all too easy to go over your overdraft limits and find yourself with hefty fees on top of what you already owe to your bank.
When this happens and you do not pay it off within a timely manner, the bank will blacklist you for 6 years. While this can make getting a traditional bank account almost impossible, non status bank accounts are available to help in situations such as this. Whether you have had a default, IVA, bankruptcy, incomplete payment history or a CCJ, this type of bank account can be enjoyed by you.
Unlike traditional bank accounts, non status bank accounts require only an application and a few simple pieces of personal paperwork from you. You will need to show proof of your identification as well as proof of your home location when you turn in your application. The bank will then open up your bank account right then. This will allow you to have all of the advantages of such an account without worry about your credit history or other life history.
Some of the great advantages of using non status bank accounts are that they are open to everyone who wants and needs one. You get cheques that you can use immediately to start paying your bills. You can also use internet banking as well as telephone banking for the best in convenience.
You can deposit money into your new bank accounts as often as you wish. If you desire, you can have a debit card attached to it so that you can use your money more conveniently online and while you are out shopping. Updates on your account are free and they are offered on a regular basis. This step helps you to manage your money easily when you need to.
No comments:
Post a Comment