"Bank Accounts For Bad Credit" Discussion

Upsolve Community Member
Some people have better luck with credit unions and credit unions can have advantages over big banks, but if you're going to file bankruptcy that might not be your best option. The article https://upsolve.org/learn/credit-unions-and-bankruptcy/ explains more. 

Upsolve Community Member
I just saw this article: https://upsolve.org/learn/checking-account-for-bad-credit/. It has some interesting suggestions and I think you'll find it worth your time to read. 

Upsolve Community Member
Try US Bank

Upsolve Community Member
That's a great question! Upsolvers, what's worked well for you? Any resources that have helped you make your decision? 

Upsolve Community Member
Great article! FYI, Chime (fintech) has no issue --- in fact, they name a GREAT program, "Credit Builder" to address those who are just starting out or have been caught in a "Life" event that brought about a bankruptcy. 

Upsolve Community Member
Generally, bank accounts wouldn't be frozen in bankruptcy. However, certain banks do have a policy of freezing accounts during bankruptcy- you can learn more here! https://upsolve.org/learn/keeping-a-checking-account-during-bankruptcy/

Upsolve Community Member
This sometimes happens with Wells Fargo- does that happen to be your bank? 

Upsolve Community Member
Credit unions also have different rules- so if you bank with one, you may want to read this too: https://upsolve.org/learn/credit-unions-and-bankruptcy/

Upsolve Community Member
You'll need to weigh your personal considerations and bankruptcy considerations, we can't answer for you, but this article https://upsolve.org/learn/keeping-a-checking-account-during-bankruptcy/ has a lot of information on bank accounts and bankruptcy, and I think it will help with your decision making.