Quizzes & Puzzles12 mins ago
Discharged From Bankruptcy
9 Answers
I have just applied for a Savings Account with my bank, The Cooperative and have been turned down. I was discharged on 5th Decemeber last year.
http:// www.the answerb ank.co. uk/Busi ness-an d-Finan ce/Pers onal-Fi nance/Q uestion 1108076 .html
I got my Statutary Credit Report and saw that of course my bankruptcy is shown, with the discharge date.
Can I open a Savings Account somewhere else, or will I keep being turned down? Thanks.
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I got my Statutary Credit Report and saw that of course my bankruptcy is shown, with the discharge date.
Can I open a Savings Account somewhere else, or will I keep being turned down? Thanks.
Answers
Best Answer
No best answer has yet been selected by chrissa1. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.chrissa - I've looked back at your previous post & can only now assume that Co-op has got some daft rule, or else that someone has wrongly programmed it's computer.
As I understand it from your earlier post what you want is just a savings account - i.e. not a basic bank account. If that is the case then no credit checks should be done (a savings account cannot go overdrawn so there is no possibility of it being used for credit).
Go down the road to some other bank or building society (eg Nationwide). Don't say anything about your bankruptcy (unless asked); just ask what simple savings account they do & then apply to open one. If you need one with a facility for money to be paid in by BACS transfers from another account then say so - I think many (maybe all) of them have that facility.
As I understand it from your earlier post what you want is just a savings account - i.e. not a basic bank account. If that is the case then no credit checks should be done (a savings account cannot go overdrawn so there is no possibility of it being used for credit).
Go down the road to some other bank or building society (eg Nationwide). Don't say anything about your bankruptcy (unless asked); just ask what simple savings account they do & then apply to open one. If you need one with a facility for money to be paid in by BACS transfers from another account then say so - I think many (maybe all) of them have that facility.
Try to contact your Financial Advice to help you with that but You must be absolutely honest when filing for personal bankruptcy. If you try to hide any of your information, it will eventually surface and cause you problems. The professional that helps you file for bankruptcy has to have a complete and accurate picture of your financial condition. Never hide anything, and make sure you come up with a well devised plan for dealing with bankruptcy.