How Do You Get An Online Checking Account With Bad Credit?
A checking account is a necessity in today’s society. Opening an account online is an option for people with bad credit, providing customers with bill pay, direct deposit and other services for simple money management. Banking online allows for lower transaction costs and 24/7 access to information about your account. Responsible use of your online checking account can lead to obtaining other accounts from your bank, such as credit cards and loans. Get a copy of your credit report and correct any errors (see Resources). Small errors on your report can lower your score–any score boost will make it easier to open an online checking account. Purchase a prepaid debit card if you do not have a credit card. Most people with poor credit do not have credit cards–but prepaid debit cards can be purchased from a local convenience store. You will need a credit/debit card to fund your account. Put at least $100 on the card, a common amount for an opening deposit. Open a basic account at a larger
