As the number of people entering bankruptcy in Scotland continues at a rate that is double of that for England and Wales, the issues facing these Scots continue to rise.
Around 24,000 people in Scotland became bankrupt in 2010 which is twice as many compared to 2007. That is a frightening number of people who are now at the lowest point on the financial status ladder. And with bankruptcy comes many problems.
Accountant
The simple act of opening a High Street bank account is suddenly not so simple anymore. As a bankrupt none of the High Street banks will give you a current account that includes an overdraft, cheque book and debit card. These are the basic banking elements that most of us take for granted each day.
Banks do offer accounts which are called "Basic Bank Accounts" but these accounts do not offer any form of borrowing, overdraft, cheque book or debt card. They are very restrictive in what they offer and often people end up feeling as if they were a five year old child who cannot be trusted.
When CardOne Banking began offering alternative basic bank accounts they gave back the feeling of self-respect to individuals who had previously only been able to access a High Street bank account.
Where the CardOne current account differs to the, restrictive, High Street Banks basic account is that the CardOne account offers customers a debit card that is linked directly to their bank account. The debit card can be used to make purchases online as well as in shops.
While there is still no overdraft facility with the CardOne account, anyone aged 18 years of age and above is guaranteed to be accepted for the account as there are no credit checks involved. The account can also be applied for online and the account is opened instantly with the sort code and account number being given to the customer instantly. As soon as the customer has the sort code and account number then the account can be used straight away.
Thanks to a partnership with one High Street bank and the post office, CardOne basic bank account customers can pay cash and cheques in to their accounts at any post office of branch of the High Street bank. Salaries and unemployment benefits can also be paid directly in to the account as well.
Unlike the Basic Bank Accounts offered by High Street banks, the CardOne account also offers online banking, telephone banking and mobile banking. With these services and the benefits offered by the CardOne Basic Bank Account it is sure to prove a very popular option and alternative to the restrictive basic bank accounts which are offered by High Street banks.
Basic Bank Accounts - The Alternatives For Bankrupts Flo Rida - Wild Ones ft. Sia [Official Video] Video Clips. Duration : 3.97 Mins.Rating: 4.925683
© 2012 WMG. Download Flo Rida's "Wild Ones" ft. Sia on iTunes: bit.ly Directed by: Erik White Follow Flo Rida on Twitter @official_flo www.officialflo.com http www.facebook.com
Tags: Flo, Rida, Video, Music, Wild Ones, Sia, Only 1 Rida, IMG, strongarm, Atlantic Records
No comments:
Post a Comment