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Becoming Bankrupt effects your life in many ways especially how you operate your day to day finances. Some of the things that we all take for granted like using a debit / cash card to pay for items online, over the phone or when out shopping becomes a stressful process and even more so when trying to set up a payment order to pay your mobile phone bill.
Fortunately there are now several solutions for you now, there are now a selection on bank accounts that offer an online management facility to manage your money with a payment card. The payment card is a prepaid card so you can only spend what you have on your account but the good thing is that you can now set up direct debts to pay your bills with a dedicated account manager.
Prepaid bank accounts offer the full functional of a basic bank account regardless of any financial difficulties you may have had, so if you have recently become bankrupt or are a discharged bankrupt, then you can still enjoy all the functionality of proper bank account without the need of a credit check. One becoming bankrupt those who were happy to aloow you some form of credit will no longer do so as they will see you as a greater risk and in some cases becoming bankrupt may even mean having to close down your high street bank account.
The accounts listed above are guaranteed to accept you as long as you meet the application process and pay any application fee. You can then enjoy a basic bank account that allows you the use of almost every function a traditional bank account offers those who are not bankrupt or have fortunately not gone through the bankruptcy procedure. Last updated 01.02.09 |
