Bank accounted checked with credit check?

Just that you have one. They are more interested in how much income you have. Most people don't store money in checking accounts so it is normal to have a low balance.

The bank that I work in, checks your credit report before opening a savings or checking account. Call your local banks and ask them what is required to open a new account.

If you are new to the world of loans, then all the jargon and terminology can seem very confusing. There are so many different terms to understand, and unless you know some of them you will not find the best loan deal to suit your needs. If you want to know more, then here is a guide to some of the basic loan terms you might need to know.

http://www.worldbestloans.com/

The lower the APR, then the cheaper the loan interest will be. Credit scoring is a method that lenders use to determine your eligibility for a loan. They ask a series of questions about your earnings and financial situation. Each answer you give is scored, and the better your score then the more likely you are to be accepted for a loan.