No bank will except me because of my debts
Q: I have been in debt for some time now, and am not in contact with my bank account as i cant afford the charges. I do work full time and get paid every month. I have been trying to open a basic bank account for my wages to go through, but no bank will except me because of credit. where is the best place to go?? the post office say that they only except people on benefits, its very frustrating know where will except me. thanks
Answer: Thank you for your question. What you are experiencing is quite common when you are in debt and trying to open a new bank accounts many banks will not accept you based on your current situation.
There are a number of options open to you. Firstly you speak to a debt management company to get a better understanding of what solutions are available to you to help address your debt problem, the advisor will also recommend a bank account hat you can use and should have no problem acquiring.
It’s important to remember that even if you do change bank accounts, the debt you have with your current bank account will not go.
