If the company won't allow you to make payments, set a reasonable savings goal and pay it off when you get the money saved. However if you play a little hard ball and tell them you what you can pay and when you will be paying it, they usually work with you.
You can go to a check cashing service to cash your checks if the banks they were written on are not local. I think there is a check cashing service called Ace. They are going to keep a percent of the check but at least you can have access to most of the funds. Of course while you are trying to get yourself lined out you can sign the check over to a friend or relative to avoid a penalty charge. I know you are not wanting to do that, but it is still an option.
This will affect your credit for a time but I have some friends who have had a few credit problems as well and were able to open accounts at Woodforest bank inside Wal-Mart. I believe they specialize in helping people who have damaged credit.
Best wishes to you!!
First Convience Bank or there is one in Walmart but cannot think of the name.. look for second chance banking.....
Hope this helps
sincerely
Sarah
I think others have probably already told you, but you should try and get an account at a second-chance bank. The one in Walmart is one and i'm sure there are others. They don't check your credit or anything....maybe that will work. Also, with the checks you can't cash...look and see what banks they are from and you can always go directly into that bank and cash them...They may take a small percentage out if the check is over a certain amount...but they will cash it...just make sure you have 2 forms of id with you. Good Luck!!!
I have been placed in the same situation due to my ex refused put us into the negative $500 at Washington Mutual. I even went down to WaMu to advise them to allow me to close the account while it was in good standing, since I had already cancelled my own debit card due to the fact that we were separated. They refused to allow me to close the account without my ex present, since he was the main account holder.
However, although I have that on my records, I was able to open an account with Bank of America and later Wells Fargo and First Mark Bank. Each of these I just applied online and I do not have good credit either. So you may want to try that outlet, just going to the websites and applying. Worse they can say is no.
As for the telecheck...your account will be on file for 5 years from the closing date and even if you do pay it off, there are no guarantees that a) that bank will take you back or b) others will take you on during those 5 years. This was advised to me by WAMU when I tried to pay off my remaining balance before I attempted contacting other banks.
Hope this helps.
Amber
Hi there. Try Woodforest National Bank. They have branches in every "Super Wal-Mart" and they offer "Second Chance Checking" for about 7 dollars a month service charge. Hope this helps!
I can't help you with your checking question, but you've had many responses already. The thing I would be most concerned about if I were you is how to get in control of your finances. www.daveramsey.com is a very informative tool. Dave Ramsey has a radio talk show, and you can find the station in your area on his website. He also does a call-in talk show on FOX News each weeknight, and you can download his radio show podcasts. There's books you can buy, etc., but you don't have to spend any money to get his common-sense help. It's all very basic, very simple, but difficult because changing our behaviors and attitude towards money can be difficult. It's good, old-fashioned advice, such as...."if you don't have the cash to pay for it, you can't afford it." He will walk you through 7 Baby Steps to getting out of debt and investing in your future. He even has a 13 week class (that you pay for) to help. I have paid for several friends to go to these classes, and it changed their lives. Here's a tip: if you call in to his radio show (it can be hard to get through, so keep trying), he might give you the classes as a gift, or give you one of his books that outlines the steps to getting out of debt and tells inspirational stories from people who have done it. I got on his program (without spending a penny!) 7 years ago, and paid off over $30,000 in debt in 18 months. We have been debt-free except our house since then, and have paid cash for a gently-used less than 1-yr-old car, saved 6 months in expenses, and are investing in retirement, college for kids, and working on paying off our house. The house will be paid off in 4 more years. I can't wait to put that house payment into investments!!! Let me tell you.....I have not always been financially responsible, so if I can do it, so can you! Good luck!
Two things: 1) google telecheck so you can take care of the check through them. and 2) open a savings account for the children with your name on it and that way you can cash checks pay bills and save for their future at the same time. Once you have paid for the checking account then you will be able to open one for your self!!!!
Hi, April I will definitely pray for you. I really hope your situation gets better. This is my first time responding to this column, I have been receiving these emails for a while now and I never really paid any attention until today. Although, I have not been in your situation before however I am in the financial planning business. There is something called second chance financing. Some banks will allow you to open checking account without doing a background check. I really don't know the protocol but tell me what state and city you're in and I can research some information for you. My email address is [email protected].
Hope I can help you.
I am in the banking business. For your immediate need of a checking account, I would recommend trying to get a checking account at First Convenience Bank inside Kroger on Rock Prairie Road. They do not do a credit check on you and they are known in the banking world as a "second chance bank". Keep that account in good standing always to build back up your credit. Make sure that the banker who opens up your account discloses all potential fees and ways to avoid fees. Make sure that you read all of the disclosures given to you so you understand. Meanwhile, pay off any bills that you can and don't be late on the bills that you make payments on.It takes awhile to build your credit back up, but it will be worth it to secure the future for you and your family. I work for a competitor bank so I have nothing to gain this. Good Luck!
Try going to Wal-Mart (WoodForest Bank) they offer second chance checking account.
i was in the same situation, but i opened a acct with first convince bnk inside of walmart, ive been with them going on a year there a very good bank... they dont even do a credit ck
Not sure if it's too late to answer this question, but I saw this site that might help...Not trying to spam, just a suggestion. www.checking4everyone.com
I just wanted to thank everyone who responded. I’ve put out requests before but never got any responses. thanks again and I will definitely take the advice given and search around to see the best option for me. I really appreciate everyone sharing their experiences and helping me out.