Having real issues obtaining a basic bank account.

[ScabHunter]

Re: Having real issues obtaining a basic bank account.

Wow, I've only just seen this - great news. I thought we were in for a long and complicated haul with this one, while Stink Banking continued with their virtual Dick Turpin act all the time you were trying to make sense of it.

It may only be a start, but it is a vitally important one. Now get that DMP sorted out because you're definitely paying too much. If paying unsecured creditors leaves you without enough to meet your crucial living expenses, then the payments are too high. I would start a diary on here and try to sort the whole thing out, even though these are too recent to be UE. Pennington will also be taking a fee for administering the DMP, and that can be avoided as well.

(EDIT - I wrote that before seeing Henry's last post - glad to see you're thinking about tackling it)

I also love seeing good results on here, especially for the 2nd October birthdays!

SH

[henryJSB]

Re: Having real issues obtaining a basic bank account.

Says on the letter it's a cash account and then lists this:

. Free banking

. A Lloyds tsb visa debit card

. Internet banking

. Telephone banking

. Regular statements

[Never-In-Doubt]

Re: Having real issues obtaining a basic bank account.

The exclusive ATM thing is a pain but for now I'm just happy to have a free basic bank account with a competent online banking service. I also have a Lloyds TSB branch literally across the road from me so it's convenient. Now I guess my next goal is to tackle my DMP.

Is it deffo a basic one or a current account (with restricted card)..... have they confirmed? :niddy

[henryJSB]

Re: Having real issues obtaining a basic bank account.

The exclusive ATM thing is a pain but for now I'm just happy to have a free basic bank account with a competent online banking service. I also have a Lloyds TSB branch literally across the road from me so it's convenient. Now I guess my next goal is to tackle my DMP.

[IF]

Re: Having real issues obtaining a basic bank account.

Love good news on here, I'm so pleased Henry

[Never-In-Doubt]

Re: Having real issues obtaining a basic bank account.

Finally, some good news. Lloyds TSB have accepted my application! Got my sort code and account number through today, can expect my card and pin within seven days. I am assuming that YB did exactly what you said they do Niddy, which is they didn't put me through the right application. I know this because when they rang me to tell me is been rejected they said it was for their current account even though I asked to be considered for the ready cash!

I'm ecstatic to finally have a bank account that doesn't charge me! Thanks so much for everyone's help here particularly Niddy and Scab (and the person who referred me here) without you guys knowledge and expertise I'd have no effin idea why I was still getting rejected.

Thanks again everyone! Free banking here I come!

Excellent news, although if it's a Lloyds basic account then you'll be restricted to cash withdrawals at their own branches - so bear that in mind.

Give it 6 months then apply to Halifax or Bank of Scotland and you'll probably get accepted for one of theirs with overdraft etc.... usually the pattern now they use internal sharing of scores across the LBG accounts (but RoSO is not affected as of yet).

Well done, result

[SA Gold]

Re: Having real issues obtaining a basic bank account.

That's excellent news mate - glad you got it all sorted

[henryJSB]

Re: Having real issues obtaining a basic bank account.

Finally, some good news. Lloyds TSB have accepted my application! Got my sort code and account number through today, can expect my card and pin within seven days. I am assuming that YB did exactly what you said they do Niddy, which is they didn't put me through the right application. I know this because when they rang me to tell me is been rejected they said it was for their current account even though I asked to be considered for the ready cash!

I'm ecstatic to finally have a bank account that doesn't charge me! Thanks so much for everyone's help here particularly Niddy and Scab (and the person who referred me here) without you guys knowledge and expertise I'd have no effin idea why I was still getting rejected.

Thanks again everyone! Free banking here I come!

[Never-In-Doubt]

Re: Having real issues obtaining a basic bank account.

Thanks SH,

Ok, from what I can tell and based on the decline from YB that would suggest something still isn't right - yea, YB can be awkward but for them to refuse a ready cash basic account doesn't seem right. Obviously we can't suggest sending more SAR's so for now I would really look at sitting back and not doing anything for a couple of months, then get hold of Experian and Equifax (the £2 paper report) and then go through it, if nothing shows up then back to CIFAS and finally back to N Hunter.

There has to be a logical reason for this, but for me to confirm what it is that is wrong I would need you to actually get your credit file and N Hunter record then email me to check through...

For now, pain as it is, you need to stop applying. Lloyds will be very basic with restrictions at their own machines etc - ideally Natwest, Barclays and Santander are best as they give full debit cards (usually) but lets see what HBOS say with this Lloyds app first.

Good luck

[Never-In-Doubt]

Re: Having real issues obtaining a basic bank account.

Yorkshire Bank rejected me for a basic ready cash account.

Nothing new there, they are a joke that involves attending branch etc. They always do a full account search then decline you, to then say "apply for a readycash thingy" yet hang on, didn't you ask for that anyway!

They are not the best bank, but hey ho - cross them off the list.

Oh, bollocks. And they search Experian as well, according to that list.

They do indeed.

[MattyA]

Re: Having real issues obtaining a basic bank account.

Thanks Scab. I know who my creditors are so choosing an account is not an issue - just getting one is. My first try and getting an account since the fraud marker has been removed has been a failure! Yorkshire Bank rejected me for a basic ready cash account.

I got rejected too - even had to go to an interview et al.......


No go

Matty

[ScabHunter]

Re: Having real issues obtaining a basic bank account.

I hope the mods don't mind me bumping this so it gets on the New Posts page while the boss is online, but I know he doesn't subscribe to threads and this guy is in trouble.

There's nothing I can do to help him any more, and as far as I know Niddy is the only one with the in depth knowledge of the credit reporting system needed to solve this.

SH

[ScabHunter]

Re: Having real issues obtaining a basic bank account.

It won't do you any good to keep applying for accounts - if there is something which is making one bank reject you it will almost certainly affect the others as well.

One other thing - I notice you're often saying you're boracic and not able to send £10 off for SARs and do things which need doing. You definitely need to renegotiate this DMP you're in, because you're obviously paying far too much. If all of these creditors took you to court and got judgment it is highly unlikely you'd end up paying as much as you are now. You've got to allow yourself enough for your own living expenses, and if that means unsecured creditors get less, tough.

Let Niddy come back and work out a plan of action with you. There must be a way to get hold of the information which will tell you exactly what is wrong here. It will probably take more time and I know you are as frustrated as hell, but try to hang on in there just for now.

SH

[henryJSB]

Re: Having real issues obtaining a basic bank account.

Yeah perhaps. This is becoming a royal pain. I have now applied for a Lloyds basic account before I saw your post. I'm guessing if I still get rejected this must be a different matter entirely?

[ScabHunter]

Re: Having real issues obtaining a basic bank account.

Oh, bollocks. And they search Experian as well, according to that list.

I notice Yorkshire was one of the banks you applied to originally before making your first post on 10th September. I'm wondering if that could have had any impact as the application could have been recorded on their internal systems?

Also, did we ever establish what the situation was with N Hunter? I know you were going to SAR CIFAS before you found the marker had gone, but I can't see any mention of N Hunter anywhere. Could there have been another fraud marker which has somehow ruined it this time?

Niddy knows this stuff inside out, so wait for him to get back to this thread.

SH