Restoring a Bad Credit Record
Applying for an Arro Personal Account will not leave a black mark on your credit file, as there’s no need for us to check your credit history at all.
But as you use your account over the long term, keeping up to date on bills and payments, and particularly Direct Debits, this will all help to build a more attractive picture when it comes to making future credit applications.
The Arro Personal Account is more than just a convenient way to manage your money with a bad credit record – it can also serve as a bridge to get back to a better credit rating, and best of all is that it puts you in charge of your finances with plenty of payment methods, rather than restricting you to only the bare basics that an account can offer.
Making Regular Payments
Many lifestyle contracts rely on your ability to make regular payments, and an Arro Personal Account is ideal for this, even as a secondary account to make it easier to keep an eye on your budget.
Access to the Faster Payments Service means that you can, if you wish, pay bills manually when you have money coming in – perfect if you don’t always get paid on the same day every month.
Direct Debits let companies that provide you with a service take payments from your account when they are due, so you don’t have to worry about missing a payment.
As long as you have the funds available, this is an easy option for the long term, and you may even qualify for a discount from some utility providers if you pay by Direct Debit.
You can always log online to your account dashboard and see the regular payments you have set up, helping you to keep track of what is going out and when, and to make sure you have the funds available.
Apply in 3 Minutes
Stress-free money management starts from the moment you apply, with no background credit checks, just an automatic check that we can verify your ID.
We just need to confirm your name, age and UK address, along with a telephone number so we can send your virtual debit card details via SMS, and an email address to confirm your overall account application has been approved.
The whole process can be completed in under three minutes and you’ll have immediate access to transfer funds into your account and start making payments from it – one of the absolute fastest ways to get a sort code, account number and debit card number of your own.