Are there any high street banks that will accept applicants with an IVA ?

Get expert opinion. This is the place for new questions to be posted.
11 posts Page 1 of 1
 
 

Johnd203

User avatar
Posts: 1
Joined: Wed Aug 05, 2015 2:29 pm

Post by Johnd203 » Wed Aug 05, 2015 2:29 pm
Are there any high street banks that will accept applicants with an iva?
 
 

MG12

User avatar
Posts: 143
Joined: Tue Mar 27, 2012 9:06 pm
Location:

Post by MG12 » Wed Aug 05, 2015 2:42 pm
I have been able to open a Danske Bank Current Account while in IVA.
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Wed Aug 05, 2015 2:44 pm
Co-Op will allow Cashminder accounts
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Aug 05, 2015 2:54 pm
Problem with Danske Bank is that there are very few branches available to people in the UK. I have just googled my postcode and there is nothing.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

lifenoteasy

User avatar
Posts: 3248
Joined: Thu Feb 05, 2015 2:26 pm
Location: United Kingdom

Post by lifenoteasy » Wed Aug 05, 2015 3:20 pm
Danske is NI based - they do not allow applicants from England.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Aug 05, 2015 3:30 pm
They do have a branch in London.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

lifenoteasy

User avatar
Posts: 3248
Joined: Thu Feb 05, 2015 2:26 pm
Location: United Kingdom

Post by lifenoteasy » Wed Aug 05, 2015 3:40 pm
I tried opening an account online as an experiment - can't get past the first page if you have a UK post code:(
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
 
 

MG12

User avatar
Posts: 143
Joined: Tue Mar 27, 2012 9:06 pm
Location:

Post by MG12 » Wed Aug 05, 2015 4:51 pm
Ooops wasn't even thinking when I said Danske Bank, they were previously Northern Bank which was only NI.
 
 

hwima

User avatar
Posts: 34
Joined: Tue Jun 18, 2013 12:08 am
Location: United Kingdom

Post by hwima » Wed Aug 05, 2015 5:06 pm
I'd try any bank except HSBC. I have switched accounts several times whilst in the IVA. I opened new basic accounts with Lloyds, Santander, Halifax. All were my creditors at the beginning of the IVA. Also opened new accounts with the Co-operative bank and Metro Bank but these weren't creditors in my IVA. I was always lucky
*IVA started Sept 2010
*Last Payment Taken August 2015
*Completion Certificate Issued November 2015
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Aug 05, 2015 5:13 pm
HSBC do not want to know you if you're in (or just out of) an IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MerlinL14

User avatar
Posts: 1626
Joined: Sun Oct 30, 2011 2:44 pm
Location:

Post by MerlinL14 » Wed Aug 05, 2015 6:59 pm
Barclays will. You need to go to a main branch and apply there. I was welcomed while still in my IVA, the lady who processed my application could not have been more helpful. I told her I was in an IVA prior to my appointment, she said that it will no difference to opening a basic account.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
11 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”