subject: Non Status Bank Account: Helps To Make Your Finances Strong [print this page] You might know that non status bank account is meant for the people who considered 'non status' in credit terms. But what does all this mean? What are the services offered by the account? How can one qualify for this account? These are some of the questions that one asks before taking any bank account. Here, you will find the answer of these questions so you can take the right decision as per your condition.
What is non status bank account and who all are eligible for this account?
Non status account is just like the normal bank account. But it is specially designed for the people who cant prove their income and suffering from poor credit problems. Most of the reputed bank offers this account for your personal as well business purpose. This account comes with no credit check feature it means people suffering from any credit issues like CCJ, arrears, defaults, IVA or even bankruptcy can get the approval of this account.
What are the eligibly criterion and is there any fees related with this account?
Eligibility criteria of this account are quite simple and flexible. Applicant just has to be a citizen of United Kingdom and have permanent address. To get this account applicant just need to give its identification and address proof. As soon your application approves you need to give your account opening fee and monthly charges. Both of these fees are quite reasonable and worth paying as this account come with various benefits.
What are the services offered by this bank account?
Non status bank account comes with multiple useful services that are quite beneficial for the account holder. Most of the high street banks provide the account without credit check formality and with guaranteed acceptance. This account provide all the basic banking facility such as direct deposit, direct debit, pay in cash or cheques or set up standing orders to pay bills. Debit card and cheque book is also given with this to provide more convenience to the account holder. Banks also provide personal money manager that assist you in fulfilling your financial commitments and bring back your credibility.
