Are you in an IVA or about to enter an IVA and need a Bank Account? If so, opening a High Street account may prove to be considerably harder than you think and your options could be severely limited.
The main reason for this is that during the application process you will have your credit file check which will instantly show that you have a severe credit problem resulting in your application being declined.
Once declined by one Bank then there is every chance any subsequent banks you apply to will also refuse your new account, resulting in you not being able to open a new account.
Bank Accounts for IVAs - click here to apply.
What are the Options Bank Accounts for IVAs?
If you find yourself in or about to enter into an IVA your options may be slightly limited however there are accounts out there which are ideal for anyone in an IVA as the application process does NOT require a credit check, so as long as you are 18 years or older and can prove your identity, then your account will GUARANTEED.
So High Street Bank Accounts for IVAs are often not available but the other options offer nearly all the functionality like Internet banking, debit card, standing orders/direct debits and the facility to have your salary, wages or benefits paid directly into your account as every one comes with your own sort-code and account number.
For more information Apply Here for Bank Accounts for IVAs
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Alternatively for Business Bank Accounts for IVAs click here to apply.
Being in an IVA can be very difficult in many ways however the financial fall out from this can be particularly testing as not being able to function financially makes it almost impossible to perform the simplest of tasks.
If you apply for a regular high street bank account having entered into an IVA you will almost certainly be refused as your credit history will be checked, however we have the ability to open up both personal bank accounts and business bank accounts no matter what your credit history, enabling you to continue with your day to day lives.
For full details of our Personal Bank Accounts Click below:
Bank Accounts for those with Bad Credit
Guaranteed Bank Accounts
Poor Credit Bank Accounts
No Credit Check Bank Accounts
Basic Bank Accounts
Refused a Bank Account
Non Status Bank Accounts