Hello accountinggirl,

Welcome to the Scottish Trust Deeds forum.

A couple of our experts work alongside accountants and I'm sure they'll share their thoughts with you very soon.

One thought that I do have is how you would manage to fund a Trust Deed while still studying?

hi

thank you for getting back to me,

i receive half a student loan and half a student bursary of ?ú530 a month, and i earn ?ú75 a week in my job.

thanks

Hi accountinggirl

This is a difficult one, as you have no income as such as this is made up of the loan and bursary and a Trust Deed may not be appropriaite.

I see no reason why this, in any event, would affect the graduate place or even future positions. I have inreviewed a number of people and taken them on and never carried out a credit check. It may be an issue with larger companies, but I don't think small to mid sized companies would be a problem.

Hope this helps ( a bit!)

Mark

i'm always surprised at the amount of jobs that now state you "must pass a credit check" as part of the recruitment process. i always worked in financial services, but found myself unable to get a job due to this. i'm now temping as a civil servant, but don't know what i'm going to do when it comes to an end.

Our HR people aren't around today, but I'll post again to let you know what they say once I've spoken to them. Ours is a large national accountancy firm so I assume would be similar to most of the other large accountancy recruiters out there.

Hello again

I've checked with HR and for the most part we do not carry out a credit check on new recruits, with the exception of one of our offices which deals with outsourcing (payroll etc for other companies, lots of transferring monies etc involved).

It is written into all contracts that if someone enters into a trust deed or is sequestrated they must let their line-manager/HR know, though it wouldn't normally cause any problem.

I hope this helps. Of course, I don't know what happens in other firms...