Adverse Credit Bank Account- Open Your Account Sans the Hassle
Adverse Credit Bank Account- Open Your Account Sans the Hassle
There are many people who at a point of time create bad credit histories due to unavoidable monetary conditions. Bad credit history is a big offense in finance sector. It creates a degradable reputation of the person specially when applying for loans or opening fresh bank accounts. Most of the big names in the banking sector will pay objection to aid the person with bad credit accounts. Recently certain adverse credit bank account openers are allowing opening of fresh accounts in their banks, without prior credit checks.
Adverse credit bank account- details about it
Those who give adverse credit bank accounts provide basic accounts to the bad credit holders. Those who are bankrupt can also apply for the same. The basic account is also provided by some reputed banks but there is a marked difference in the facilities provided under the scheme. The bad credit accounts can be opened under both bad credit current accounts and bad credit saving accounts. This basic bank account has many underlying facilities namely:-
Most of the basic accounts will have MasterCard attached to it for easy accessibility to the money through online channels. You can also use the card for withdrawal of the money in in-stores and most of the ATMs.
The pay-in at any RBS branch facility is available and also pay in online facility is available too.
The person who has applied for the basic account also has his/her own sort code and account number.
The direct debit and regular payments are available through the running account.
You can now manage your account online.
You will be getting free texts of your daily available account balance.
You can also avail the facility of personal money manager whenever you need it.
Who all can apply for adverse credit bank account?
There are certain eligibility criteria for opening the adverse credit bank account. Any body who has a bad credit history or even a bankrupt can apply for the same. There are certain rules that may differ from bank to bank, otherwise there is a general set of rules followed by all banks.
General Facilities available by the these banks providing basic bank accounts
There are call centers installed for noting down customer related queries. There are no prior credit checks, hence all can apply. Moreover there are no unauthorized overdraft fees and any kinds of charges for bounced payments. For more information kindly search the net.