Bad Credit Bank Accounts: No Credit Checks Guaranteed

If you’ve had financial difficulties before, you’re not alone. A surprising number of people struggle financially at some point in their life, and we’re not just talking about going into an overdraft. Many people fall into the trap of high levels of credit card debt, so their credit rating gets adversely affected and this damages their future ability to lend. If you’ve had problems in the past, a number of banks simply won’t accept you based on your history. However, some will talk to you because they understand that sometimes these difficulties are unavoidable. These banks are much more understanding, but will also understand the risk they are taking on by letting you bank with them, therefore there will often be higher charges and lower interest rates than if you were banking with a high street bank.

Guaranteed acceptance banking is quite a new concept, since the issue of credit card debt has only really become a major problem in the last decade or so. However, some of these banks have built up solid reputations for offering services to people who have had serious difficulties in the past. The key part of any bank like this is that there are no credit checks. No matter how bad your credit history may have been before, you’ll be able to bank with a guaranteed acceptance bank.

These banks will also be able to help you manage your money much better than a high street bank. This is primarily because they understand the issues that you’ll be facing, and will not look down on your for having a poor financial history. They will be able to help you set up standing orders and other payments in order to pay your bills, whilst also giving you a number of options for cash deposits and withdrawals. Many of these banks will give you the chance to own a prepaid debit card, which you can load money on to in order to spend online or on the high street.

You’ll generally find that there is simply a one-off fee when you open the account; other than that the bank will not charge you any money at all for banking with them (apart from potential overdraft fees, depending on the bank). This represents a fantastic way to get back on track with your money, allowing you extra freedom and the ability to start from a clean state. These bank accounts are changing people’s lives as they give people a chance to take control of their finances once more. They are often extremely professional companies who spend more time on customer service than other regular banks, so you’ll be in much better and more understanding hands than you may have been in before.

For more info on Bad Credit UK Bank Accounts

Basic Bank Account for Bad Credit

The Basic Bank Account

A bank account is very much a nesseccity in today’s times – everything to do with money seems to include a bank account. Direct debits, standing orders, having your wages paid in, writing cheques, they all require bank account.

The problem is that getting a bank account from a UK high street bank isn’t guaranteed if you have a bad credit history. It seems silly that as we rely upon a bank account they can seem out of reach  for many people.

There are solutions to the problem though thanks to some high street banks as they do offer what is called a “Basic Bank Account”. These types of accounts are specifically for people who have a less than perfect credit history but still need a bank account to pay direct debits from and to have their salary paid in to.

So what is the difference between a ‘normal’ bank accounts and Basic Bank Accounts?

Well, usually, a basic bank account just offers the basic banking facilities which include being able to have your salary paid directly in to your bank account, and the ability to pay direct debits and standing orders. A Basic Bank Account will normally include a cash card that can be used to withdraw money from any cash machine (ATM).

The cash card which is issued with a Basic Bank Account does not offer any form of electronic payment option which means you cannot use the card to pay for goods in a shop, over the phone or via the internet. Although, depending upon your credit rating and the issuing bank, they may issue you with a “Visa Electron” debit card or a “Solo” debit card. With either of these cards you can pay for goods in shops, and in some instances online but you cannot spend more than what is currently available in your bank account. This prevents you from going overdrawn and incurring charges from your bank.

It is worth asking each bank what facilities they offer with their Basic Bank Accounts to make sure you get the best deal as even a “Visa Electron” or “Solo” debit card is better than just a cash card (ATM).

Basic Bank Account – Your Other Options

Even if you do have bad credit, in fact, even if you are subject to an IVA or are currently Bankrupt, you can still get a full bank account with all of the normal banking options available to you. There are specialist companies which are able to get you the bank account that you really want so you don’t have to settle for just a Basic Bank Account.

Bad Credit Bank Account Resource:

Using this rescource sction you can get a guaranteed bank account that offers everything you see below.

• Quick and easy to apply with no credit checks
• A bank account with guaranteed acceptance that’s open to everyone*
• One-to-one Account Manager and secure Internet banking
• No hidden bank charges and you won’t incur any overdraft fees
• Manage your account on your mobile phone
• Plus you’ll get your own Prepaid MasterCard® card so you can control your spending

If you want all of this from a bank account even if you have bad credit, have an IVA or are currently registered Bankrupt then use the link below right now and apply online for instant acceptance.Apply For A Guaranteed Bank Account – Click Here

Guaranteed UK Bank Accounts

You can get a UK bank account regardless of your bad credit history. You can even get a UK Bank account if you have an IVA or have been declared bankrupt

Had enough of your bank?

You’re not alone. Thousands of business owners, professionals and UK residents are trapped in a relationship with a bank, leaving them feeling both let-down and stifled. It doesn’t help that the UK banking industry makes applicants jump through many hoops if they don’t fit their perceived model of the low-risk client.

In todays current financial climate where the credit crunch is affecting everyone in the UK, getting a bank account is becoming increasingly difficult. It seems that ‘bad credit and bank accounts’ don’t mix.

What many people do not realise is that it is possible to get a UK bank account regardless of your credit history, both current or past – you can get a UK bank account even if you are subject to an IVA or even Bankrupt – having bad credit doesn’t mean you can’t have a bank account.

Whatever your present or past financial circumstance or history, did you ever think that you could simply buy yourself a bank account to meet your requirements and expectations without the application based only on a credit check?

Now, you can.

All of the accounts listed below are guaranteed to be opened for you regardless of your past or present financial situation – Guaranteed.

Please note only residents and citizens of the UK may apply.

Bad Credit Bank Accounts:

>>>  Apply For A Bankrupt/IVA Bank Account – Click Here

Remember, these are links to Guaranteed Bank Accounts that can be opened regardless of your Bad Credit History. Even if you have an IVA or are currently Bankrupt, you can still open a new bank acount, guaranteed.

Credit Repair Report Secrets

This is short post to highlight an important video that you need to watch that will openly show you how you are lied to when you apply for credit. Your credit file is used against you without your knowledge – in fact, you are told a big fat lie but in this video you will get to see this lie revealed.

Knowing this will help you to repair your credit report in a way you never thought possible and yes, it is very easy too

Here’s a link to the video; Credit Repair Video

Or watch it right here in this blog post by clicking the play button on the video screen below

[youtube:http://www.youtube.com/watch?v=jwCmKE-_a8k]

Enjoy,

Michael Sherriff

P.S Don’t forget to check out our Payday Loans section