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    • love the extra £1000 charge for confidentialy there BF   Also OP even if they don't offer OOC it doesn't mean your claim isn't good. I had 3 against EVRi that were heard over the last 3 weeks. They sent me emails asking me to discontinue as I wouldn't win. Went infront of a judge and won all 3.    Just remember the law is on your side. The judges will be aware of this.   Where you can its important to try to point out at the hearing the specific part of the contract they breached. I found this was very helpful and the Judge made reference to it when they gave their judgements and it seemed this was pretty important as once you have identified a specific breach the matter turns straight to liability. From there its a case of pointing out the unlawfullness of their insurance and then that should be it.
    • I know dx and thanks again for yours and others help. I was 99.999% certain last payment was over six years ago if not longer.  👍
    • Paragraph 23 – "standard industry practice" – put this in bold type. They are stupid to rely on this and we might as well carry on emphasising how stupid they are. I wonder why they could even have begun to think some kind of compelling argument – "the other boys do it so I do it as well…" Same with paragraph 26   Paragraph 45 – The Defendants have so far been unable to produce any judgements at any level which disagree with the three judgements…  …court, but I would respectfully request…   Just the few amendments above – and I think it's fine. I think you should stick to the format that you are using. This has been used lots of times and has even been applauded by judges for being meticulous and clear. You aren't a professional. Nobody is expecting professional standards and although it's important that you understand exactly what you are doing – you don't really want to come over to the judge that you have done this kind of thing before. As a litigant in person you get a certain licence/leeway from judges and that is helpful to you – especially if you are facing a professional advocate. The way this is laid out is far clearer than the mess that you will get from EVRi. Quite frankly they undermine their own credibility by trying to say that they should win simply because it is "standard industry practice". It wouldn't at all surprise me if EVRi make you a last moment offer of the entire value of your claim partly to avoid judgement and also partly to avoid the embarrassment of having this kind of rubbish exposed in court. If they do happen to do that, then you should make sure that they pay everything. If they suddenly make you an out-of-court offer and this means that they are worried that they are going to lose and so you must make sure that you get every penny – interest, costs – everything you claimed. Finally, if they do make you an out-of-court offer they will try to sign you up to a confidentiality agreement. The answer to that is absolutely – No. It's not part of the claim and if they want to settle then they settle the claim as it stands and don't try add anything on. If they want confidentiality then that will cost an extra £1000. If they don't like it then they can go do the other thing. Once you have made the amendments suggested above – it should be the final version. court,. I don't think we are going to make any more changes. Your next job good to make sure that you are completely familiar with it all. That you understand the arguments. Have you made a court familiarisation visit?
    • just type no need to keep hitting quote... as has already been said, they use their own criteria. if a person is not stated as linked to you on your file then no cant hurt you. not all creditors use every CRA provider, there are only 3 main credit file providers mind, the rest are just 3rd party data sharers. if you already have revolving credit on your file there is no need to apply for anything just 'because' you need to show you can handle money. if you have bank account(s) and a mortgage which you are servicing (paying) then nothing more can improve your score, despite what these 'scam' sites claiml  its all a CON!!  
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basic business account?


emma1989
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Hi everyone.

 

I'm starting up my own sports coaching business and I am looking to open a basic business account- no overdraft etc, just as basic as possible. im in northern ireland so NatWest isnt an option for me, and my credit score is supposedly 1/5 according to noddle... anyone know of any bank that will offer me a basic business acount?

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I thought I had pretty shocking credit but I have recently been accepted for 2 Sole Trader accounts with Lloyds TSB. The below will tell you what led to this in the first place.

 

I initially completed an online application for their personal basic cash account. This gives you a Visa Debit card, no overdraft facilities. However, you could only withdraw cash at a Lloyds ATM not any others. When I received the paperwork I went to the branch to show my id and complete the application process. I also pointed out to them that my surname had been spelt incorrectly.

 

The personal account manager in branch, encouraged me to reapply instead for a Classic Current Account. I told him that I'd had credit problems in the past and didn't think I'd be offered one, hence why I'd applied for the basic account. He said if I passed for that account, I would be able to apply for a Sole Trader Account without additional credit checks. Well imagine my surprise when I DID pass the credit check and was offered the Classic Current Account. I got a full Visa Debit card with no overdraft (didn't want one) and was able to get a Sole Trader Account for each of my businesses. I got a Visa debit card and cheque book, no overdraft.

 

I am telling you this because only in January I'd applied for a Sole Trader account with Barclays and they turned me down. So it's worth a shot. I've never banked with Lloyds directly before, but I do have a Bank of Scotland Current Account and a couple of Halifax Easycash accounts. Lloyds now own Bank of Scotland, so I don't know if this helped. I am surprised though as my actual Halifax Current defaulted a couple of years back but it was in dispute due to bank charges.

 

Let us know how you get on.

 

deedee

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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I'm not sure but do check here: http://www.lloydstsb.com/branch_locator/search.asp?WT.ac=HPhaBranch to find your nearest branch. Honestly, I'm still in shock. I'd have not bothered with Barclays, if I had known sooner.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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That's a shame. Any Halifax branches?

 

If push comes to shove, try the Cashplus Business Card. It's a prepaid Mastercard which also comes with bank details (sort code and account number). You can make payments from the account and receive them. This is what I initially set up after the Barclays rejection. It costs £29.99 per year for a card. To get the Total Access (so you can receive payments by bank transfer etc) - you will need to send a certified copy of your passport, driving licence and/or current bank statement. The certification can be done in the Post Office using the Identity Document Checking Service. I am telling you all of this because I had slight issues getting my account upgraded because the website gives out the wrong info (long story; I've had a go at them for it) so I am trying to make sure your application is as smooth as possible.

 

When you make your application choose the "Pay Later" option or you can pay the £29.99 with a debit card if you want. Get your docs certified at the Post Office and then fax it with your application reference number on the covering sheet to 020 7929 3245.

 

It has worked really well for me, in fact I have an account for each of my businesses. I've been using my Cashplus account quite happily for nearly 4 months. I can make payments from the account, set up direct debits, standing orders and much more. As I said before, I wasn't expecting to get a business bank account for at least another 3 years until last week. I am still keeping my Cashplus accounts, as they're linked to my Paypal accounts. The Mastercard debit card gives you FREE purchase protection on purchases over £100 (just like a credit card).

 

There is a downside - withdrawing cash costs £0.99 but I don't draw out much cash and when I do, I make sure that I don't need to do it more than once a week. Let me know how you get on.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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Yes, my own current account is with Halifax, I thought you shouldn't bank at the same place you have debt (ive an overdraft), so maybe it would be ok, though Cashplus business card sounds good. Can I use it under my trading name? Or would it have to be in my own name?

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Hi Emma. You can use the Cashplus under your trading name or your name, you choose. My card has my name and then the business name underneath. On invoices, the details are made payable to the business name and it the payments reach my account fine with no problems.

 

Regarding banking where you have debt, it's getting harder to escape anyone as the big 4 own most of the "brands" out there. I'd never considered Lloyds before; it was the quest to get another account to put money aside for my tax, that lead me to applying with them in the first place.

 

Apart from the admin issues (re upgrading account), the account has been a real lifesaver and has allowed me to make and receive payments. I've not felt as though I don't have a "proper" account. I download .CSV statement files from the account and upload them to my Accounts package (Clearbooks), so that I can do my book-keeping.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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Hi Emma. You can use the Cashplus under your trading name or your name, you choose. My card has my name and then the business name underneath. On invoices, the details are made payable to the business name and it the payments reach my account fine with no problems.

 

Regarding banking where you have debt, it's getting harder to escape anyone as the big 4 own most of the "brands" out there. I'd never considered Lloyds before; it was the quest to get another account to put money aside for my tax, that lead me to applying with them in the first place.

 

Apart from the admin issues (re upgrading account), the account has been a real lifesaver and has allowed me to make and receive payments. I've not felt as though I don't have a "proper" account. I download .CSV statement files from the account and upload them to my Accounts package (Clearbooks), so that I can do my book-keeping.

 

How do you work around the cheques? Do you tell people you just don't accept cheques?

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Yes I don't accept cheques. They're a pain. Ironically I used to have a Barclays Business Account for another business and I hated cheques and cash. They cost money to pay in and transact. So it's electronic payments only for me. Can't be doing with it any other way.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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Yes I don't accept cheques. They're a pain. Ironically I used to have a Barclays Business Account for another business and I hated cheques and cash. They cost money to pay in and transact. So it's electronic payments only for me. Can't be doing with it any other way.

 

Sounds good. £30 isn't that bad for a year. Can you pay cash in, or would you have to put it into another account and transfer it over? Just as I'm coaching people may pay me cash?

Edited by emma1989
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Glad you found the info! It's not a bad account. Apart from cash withdrawl fees, there aren't fees to use the card or a monthly payment attached. As I said before, I'm definitely still keeping mine. The free purchase insurance on items costing over £100 is worth the £30 a year just for that alone. If I have big purchases to make, I will definitely transfer the money over and use the account.

 

Oh and you can also get free Dollar and Euro cards linked to the account too.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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  • 2 weeks later...
That's a shame. Any Halifax branches?

 

If push comes to shove, try the [removed] It's a prepaid Mastercard which also comes with bank details (sort code and account number). You can make payments from the account and receive them. This is what I initially set up after the Barclays rejection. It costs £29.99 per year for a card. To get the Total Access (so you can receive payments by bank transfer etc) - you will need to send a certified copy of your passport, driving licence and/or current bank statement. The certification can be done in the Post Office using the Identity Document Checking Service. I am telling you all of this because I had slight issues getting my account upgraded because the website gives out the wrong info (long story; I've had a go at them for it) so I am trying to make sure your application is as smooth as possible.

 

When you make your application choose the "Pay Later" option or you can pay the £29.99 with a debit card if you want. Get your docs certified at the Post Office and then fax it with your application reference number on the covering sheet to 020 7929 3245.

 

It has worked really well for me, in fact I have an account for each of my businesses. I've been using my Cashplus account quite happily for nearly 4 months. I can make payments from the account, set up direct debits, standing orders and much more. As I said before, I wasn't expecting to get a business bank account for at least another 3 years until last week. I am still keeping my Cashplus accounts, as they're linked to my Paypal accounts. The Mastercard debit card gives you FREE purchase protection on purchases over £100 (just like a credit card).

 

There is a downside - withdrawing cash costs £0.99 but I don't draw out much cash and when I do, I make sure that I don't need to do it more than once a week. Let me know how you get on.

 

Hi this is my first post - I have just been reading your opinions on the Cashplus business account and just want to say thank you for all the information you have given. Its made my day. I am trying to get a business off the ground, im a graphic designer and only ever needed a basic business account. unfortunately i have have been battling an illness over the last 6 years that had lead to horrendous credit problems, CCJ's galore and so on. Thankfully I always kept my personal bank account in good order and have been with them for 15 years. Never missed one DD and Never been over drawn once. Stupidly I though that I would be able to get a basic business account no problem as I don't need credit facilities on it but they almost laughed me out of the bank!

 

Anyway I already had a personal cashplus card and thought it was OK, then delighted to find out that they offer a business account. I'm just about to apply for one but needed to research it first.

 

I have a few questions if that's ok?

 

How does this account work with things like paypal? Can you set up your Paypal account to deposit money into the cashplus account? Some of my customers will want to pay me this way

 

Also when accepting payment from customers how have you found the deposit process? for example I don't want to have to tell a customer to have to go to the post office to pay the money into my account.

 

Thanks

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Hi MindProject and welcome to CAG!

 

It works no problem with Paypal, as you get given an account number and sort code. The name of the bank is APS Financial Ltd (needed when you link it to Paypal account). Regarding cash deposits, I don't take them. However, you could ask your clients to transfer the money to you (using the account number and sort code given with the account), or if you MUST accept cash, then they will have to deposit via the Post Office or another method see topping up link

 

I am not a sales person for them! I am just sharing my experience of using them, as they saved my bacon when I couldn't initially get a Business Bank Account. May I ask who your personal bank account is with? If it's Lloyds, then you might just be able to get a Sole Trader account (see my experience in 2nd post).

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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  • 8 months later...

Hi there -

 

Thank you for the great information here. Can anyone please tell me how easy it is to make payments out of this account to another bank account. I need a busines bank account to receive business payments from clients i bill.

 

 

 

i then want to nake payments to my personal account for salary or expenses. can this be done and are there any limitations that are known.

 

 

 

also I presume it comes with a sort code and an account number

 

 

 

thank you

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  • 4 weeks later...

Hi everyone

 

Thanks so much for all this information.

 

I have very poor credit but fortunately set up a basic accounts with the Clydesdale Bank prior to getting into difficulty. Having said that, and as expected, CB are utterly hopeless.

 

I already use Cashplus as a personal CC and just found out tonight about the business side.

 

I was just wondering if you could let me know how quickly transfers take place ? I know that when I transfer money into my CC account that it takes a few hours. Is it the same transferring from business Cashplus account say to my personal bank account ? Also, if I was to pay in a cheque, do you know how long they take to clear ?

 

In case of emergencies :)

 

Having said that, from what you have said on your posts, think I will go ahead and set it up anyway.

 

Thanks, Maria

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mtm0066 and PJ10, how have you got on with setting up your Cashplus accounts?

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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  • 1 month later...

Hi,

 

I've recently set up a business following redundancy in October. I'm up and running and receiving the NEA grant however, I cannot open an account. With regards to the Cashplus account, can someone please confirm the answer to the following question:

 

1. Can I transfer money into Cashplus / out to my current account and how long does it take - I don't suppose it's as quick as online banking Faster Payments?

 

I presume the Tax Man and Companies House are happy with the Cashplus account arrangement too?

 

Many thanks,

Nicola

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  • 3 months later...

If done before 3.30pm, a Faster Payment transfer will hit your account on the same day.

 

Not had any problem with my account. You get a sort code and account number (issued by Co-Op bank I believe) and the Mastercard Debit card is issued so you can do card payments and withdraw cash if required.

 

Hope this helps.

 

Dee.

My threads

deedee1310 v Abbey, deedee1310 v Capital One, deedee1310 v Halifax Plc, CapQuest CCJ, deedee1310 v Littlewoods & deedee1310 v Smile

If I have been of help in even the smallest way, please click the star and "add to my reputation" :p

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  • 1 year later...

Hi,

This thread is great thanks. I need a very basic account for my Ltd business. I only need money to go in electronically and out electronically once per month, don't need people to be paying me, or a card.

 

Can people who have this account let me know, firstly I can set it up for a Ltd company and how fast does money land in an account once transferred out of this account?

 

Thanks in advance.

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