More on Bank Accounts
As expected the application for the Smile account was turned down. My application to the Co-Op for a Cashminder account has been referred and I am waiting for them to contact me about what further information I need to provide. It's fingers crossed to get a Cashminder account and enter the world of the carded again.
If this doesn't work out I think it's Nat West next. I will not succumb to taking on a prepay Visa or Mastercard as I feel that the monthly fees and associated charges far outweigh the benefits.
In my mind it's a simple transaction that needs to be completed with a bank. Let me demonstrate to you that I am employed, have an income. In return the bank should provide some basic facilities, such as a payment card and don't let me spend more than I have. The Electron card is great for this as I would not be able to spend more that was on the account. The only downside is I wouldn't be able to purchase by telephone as there is no CVS (security) code.
I personally like the fact that the Co-Op is an ethical bank and has some real values from the the Co-operative Movement which started in 1844. I do hope that they are able to accept me as a customer and being a loyal sort of chap they will probably keep me as a customer for a long time to come.
Once I am paid at the end of the month I will investigate the world of credit reference agencies and let you know what happens to our credit files in bankruptcy and beyond.
There has to be a way back to being carded for a discharged bankrupt and I am determined to find it!
If this doesn't work out I think it's Nat West next. I will not succumb to taking on a prepay Visa or Mastercard as I feel that the monthly fees and associated charges far outweigh the benefits.
In my mind it's a simple transaction that needs to be completed with a bank. Let me demonstrate to you that I am employed, have an income. In return the bank should provide some basic facilities, such as a payment card and don't let me spend more than I have. The Electron card is great for this as I would not be able to spend more that was on the account. The only downside is I wouldn't be able to purchase by telephone as there is no CVS (security) code.
I personally like the fact that the Co-Op is an ethical bank and has some real values from the the Co-operative Movement which started in 1844. I do hope that they are able to accept me as a customer and being a loyal sort of chap they will probably keep me as a customer for a long time to come.
Once I am paid at the end of the month I will investigate the world of credit reference agencies and let you know what happens to our credit files in bankruptcy and beyond.
There has to be a way back to being carded for a discharged bankrupt and I am determined to find it!
posted by Personally Bankrupt at 8:28 pm
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1 Comments:
Thank-you for writing this blog! I was declared Bankrupt in March and although I don't feel that it has had a major effect on my life, it is nice to be able to read about your experiences. I wish you luck with getting your debit card - I have to say that is the thing I miss the most! I have bookmarked your blog in my favourites, so will 'check-in' regularly to see how you're getting on! C x
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