subject: Poor Credit Rating Bank Account - A Solution For All Your Queries [print this page] Are you disturbed that you cannot open a bank account because of your bad credit status? Do not worry; here is an answer for all your queries. The poor credit rating bank account helps you to solve all your financial problems and to rebuild it in the fiscal market. With the assistance of these accounts it gets the individuals financial scores on the track.
Poor credit rating bank account not only assists the person to manage his monetary scores but even helps him in taking funds for his own requirements. As its name suggests this accounts are especially designed for people holding a poor credit history. Almost all the reputed financial institutions offer this account with no credit check and guaranteed acceptance. This means that people having credit problems such as arrears, IVA, CCJ, defaults or even bankruptcy can apply for such these accounts with no restrictions.
The eligibility criteria for bad credit bank accounts are set by the reputed banks and they are quite simple. Consecutively, to be eligible for such bank accounts the applicant has to provide two types of proves like the identity and address proof of the customer. As the applicant offers these proves he is asked to pay the fees for the opening account and its monthly fees. The applicant is not required to be disturbed due to the fees as the fees asked are reasonable. This account can be opened only by the citizens of UK.
These accounts provide all the basic banking facilities to the account holder. This accounts processes like the normal account and even offers the account holder all the basic services provided by the bank. This account provides the debit card as well as cheque book facility to withdraw the cash from the bank when required and also make payments on time. It allows you to transfer you all your income directly to his respected account. These accounts can be applied through the no paper work that is the online process for quick and speedy working,