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A question about online bank accounts

Posted on: 29th Nov, 2007 01:03 pm
I was thinking of starting one of those bad credit online bank accounts where you don't need money to open one or they don't do credit checks or have any dealings with Checksystems. Anyways I was wondering if anyone can share the experiences on this?

Here's a site that I found while googling:
"http://www.badcreditnic.com/"

[size=9:94ff1e33f3][color=Red:94ff1e33f3][Link deactivated as per forum rules. Thanks.][/color:94ff1e33f3][/size:94ff1e33f3]
Hello wildstorm_films,

Bad credit online bank accounts are perfect for those who have very bad credit history or have filed bankruptcy. It helps them to improve their credit rapidly.
Posted on: 29th Nov, 2007 09:22 pm
not sure what Jonny meant.......bank accounts are not reported to the credit bureaus. ESPECIALLY if they dont even pull your credit to open the account.


There are many millionaires with bad credit because they paid late on their credit cards, mortgages, installment loans, etc
Posted on: 30th Nov, 2007 08:32 am
Ok what about the link that I posted? Does that look like a legitemate place to deal with?
Posted on: 30th Nov, 2007 10:39 am
How do you find these wildstorm?

I want to point something out. It was the first thing I noticed besides the low budget look and feel of the site.

"We are charging a $15.00 Fee.

Upon payment you will receive the website address for your Brand New 100% Guaranteed Checking Account. You will receive a FREE application to apply today to get your New Checking Account!

After you pay, you will be provided with the link for the bank info you just paid for. If you have problems accessing your order please email us 'emailedited@edited.com' .
"

They charge $15 for a "link" to a site that gives you the account. Does that sound right to you? If I had to bet, I would put my money on the fact that there isn't any "link" at all and after you pay you just get a link to a bank that for whatever "reason" doesn't offer this "anymore". Hint: because they never offered it in the first place.

Now if any of those "links" are real... What do they give you? A real checkbook you can use anywhere? A checkcard? I don't see any FDIC logo's or any disclaimers at first glance.

Looks no good to me. But as always I will poke around a little more.
Posted on: 30th Nov, 2007 11:01 am
After about 6 links I am convinced that there is nothing legitimate about any of the links or companies listed at that site. They are either trying to get $5-15 from you. OR They are just forwarding you application to banks for you. I doubt they actually forward the information.
Posted on: 30th Nov, 2007 11:18 am
I have to agree with the above some of your local banks might not deal with chexsystems I am also looking for one I don't even really want a checking account just a savings so I can have a safe place to keep my money. Have you considered a prepaid card? That is what I am currently using and at least I know the money is safe, and I can use it to pay bills, and such. Just an idea.
Posted on: 24th Aug, 2010 11:12 pm
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