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Can you explain what it means when your account is debited?

When your account is debited, it means that money has been taken out of your account. This could be due to a purchase, a withdrawal, or a fee being charged.


What is a escrow coded account?

can anyone tell me what a escrow coded account is, and if so the terms of such an account in respect of it being dormant for less than 60 days, and whether a fee is charged to re-activate.


If your bank account says EFT Charged Off does this mean that the account is closed?

If an account is charged off it is automatically closed. It is listed as uncollectable debt.


Do you get charged for creating an itunes account?

No.


Bank charged you for over draft protection on a closed account?

This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.


What is Standard Checking Account?

A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.


Can a closed bank account still be charged for any fees or transactions?

No, a closed bank account cannot be charged for any fees or transactions.


Can a company who bought a charged off account try to collect interest on the account?

Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.


What is Check standard?

A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.


Have you ever experienced a situation where a debit card transaction was never charged to your account?

Yes, I have experienced a situation where a debit card transaction was not charged to my account.


Bank account debt collection?

I have a charged off account at the bank of 146.00 how do I pay that off when I'm unemployed I have a charged off account at the bank of 146.00 how do I pay that off when I'm unemployed


Debit card and credit card?

A debit card is connected directly to a bank account. The money being charged must be present in the account. A credit card is used with a promise to pay the creditor in the future.