so how can 1 person have so many bank accounts - wont it affect your future credit history/rating if you have multiple accounts in every branch.... they must raise red flags if you have about 10 bank accounts in your name - right?
and also that would mean you cant make too many stealth accounts - only as many the amount of bank accounts available to you.... :(
its an issue yes, you have to be careful and balance the number you open over periods of time. But you could always resort to the type of accounts that charge you $... p/m like smile bank.
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its an issue yes, you have to be careful and balance the number you open over periods of time. But you could always resort to the type of accounts that charge you $... p/m like smile bank.
so how many websites are there around for smile type bank accounts?
Ive ran several credit checks since going 'stealth' - I have opened many basic current accounts and it doesnt seem to have had much of an effect on my credit rating.
They key is to make sure your getting the most basic current accounts just so they accept the DD from paypal and dont use any overdraft etc.
Also was the bank account is rendered useless through suspension of the paypal account make sure to close accounts your not using.
Ive ran several credit checks since going 'stealth' - I have opened many basic current accounts and it doesnt seem to have had much of an effect on my credit rating.
They key is to make sure your getting the most basic current accounts just so they accept the DD from paypal and dont use any overdraft etc.
Also was the bank account is rendered useless through suspension of the paypal account make sure to close accounts your not using.
Okay thats good to know - just stick to the most basic current accounts and they may not take much notice...
You could even do the same yourself and run some credit checks as your opening them to see if it affects your credit at all but for basic accounts i doubt it.
so how can 1 person have so many bank accounts - wont it affect your future credit history/rating if you have multiple accounts in every branch.... they must raise red flags if you have about 10 bank accounts in your name - right?
and also that would mean you cant make too many stealth accounts - only as many the amount of bank accounts available to you.... :(
exactly, too many banks is not good for your credit
Just wondering, but if i was to lets say...
Withdraw £20,000 into my bank account from p-pal... would this raise any red flags? if it was allready fully verified...
Also, if I then removed the bank account from the p-pal account, would I be able to use it on another p-pal account?
Ilovemoney - your writing A LOT of posts before reading around the forum first - use the search function first as a lot of these questions your asking are already answered numerous times
And to answer your questions withdrawing £20,000 in one go would definatly raise flags and probably prompt paypal to ask for your ID and Supplier Info.
Why on earth did you let that amount of money build up in a paypal account?
Once a bank account is used with one paypal account you CANNOT use it again with any other.
From my experience with banks, it's not so much how many accounts you have as how you operate with them. Don't let negative balances go unnoticed - keep activity nice and banks will love you.
Ilovemoney - your writing A LOT of posts before reading around the forum first - use the search function first as a lot of these questions your asking are already answered numerous times
And to answer your questions withdrawing £20,000 in one go would definatly raise flags and probably prompt paypal to ask for your ID and Supplier Info.
Why on earth did you let that amount of money build up in a paypal account?
Once a bank account is used with one paypal account you CANNOT use it again with any other.
Im not saying i had £20K in one account, im just using it as an example...
ANd why would it cause flags, its just a withdraw...
Ive done 6K and no problems....
Is there an alternative to using a bank account on Pa-ypal UK? prepaid cards? 
