Is your poor credit rating preventing you from saving money?
Whether you have a specific savings goal in mind, i.e. saving for a deposit on a house, or are just saving for a rainy day, it’s important to keep your money separate. Opening a savings account is the best way to put some money aside each month without the risk of spending it. However, if you have a poor credit rating you may find that some of the high street banks are reluctant to set up a savings account for you; but we can help.
The benefits of a savings account
One of the key aspects of managing your finances and improving your credit rating is being able to save money so that you have enough to cover you in the event of an emergency. People get themselves into debt and default on payments when an unexpected bill comes up and they don’t have anything put away to cover it on top of their regular outgoings.
Here are just a few of the benefits of opening a savings account with us:
- You can pay in as much or as little as you like, as often as you like
- You will earn interest on the balance, which you wouldn’t do with a cash piggy bank
- Your money is safe and insured so that you can acquire it whatever happens
- We offer you a savings account with no credit check
Saving money the BZX way
Here at BZX Investments we specialise in helping people to set up a savings account for poor credit. If you’ve been declared bankrupt, have CCJs or arrears in your name, or have defaulted on payments then we can help you to start saving money and moving forwards financially. We don’t carry out credit checks, so you can save with us with confidence; contact us today to find out more.