Bank accounts are an extremely important part of our everyday lives, but those that have a bad credit score due to consistently late payments; CCJ's; defaults or even bankruptcy, may struggle to get one.
The good news is that it is now possible to sign up for bad credit bank accounts which have been set up by several banks to provide guaranteed
bank accounts offered to anyone, no matter how bad their score.
Bad credit bank accounts are designed to accommodate people that have been refused applications for regular bank accounts. There are no credit checks carried out against you when applying for this type of account, so you don't have to worry about damaging your score further.
If you're looking for ways to rebuild your credit history, you may want to consider
bad credit cards, which will help you to regain trust from lenders, who will in turn record transactions. The idea is to stay squeaky clean and pay off your balance in full each month.
Bad credit accounts are not as giving as regular bank accounts, so you're unlikely to be given an overdraft and there is usually a monthly fee.
To apply for a bad credit bank account simply choose an account that suits you and click the Apply button. You will then be transferred to the relevant provider.