0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Can a bank close a bank account if you default on a loan with that bank?
They can but usually they leave it open but make it inacessable because they can keep it on your credit until its resolved. It is in your best intrest to close the account as soon as possible to allow the seven years it can be on your credit clock start ticking.
How soon can you open a bank account if you have an account that was closed due to late or no payments?
Immediately after, before it goes onto your credit report. There are some banks that don't do a background check - they are usually in Walmarts.
How soon after you stop paying credit cards can your bank account be frozen?
This seems highly unlikely. I think only the IRS has the power to freeze a bank account.
Can you cash a personal check with no id?
No. The bank will require a valid identity proof if you want cash for the check. However, if you want to deposit it into your bank account, the bank wont as for any Id. They will accept the check and credit cash into your account as soon as your check gets paid by the issuing bank.
Does J P Morgan Chase Bank have branches in India?
NO, THE BANK DOES NOT HAVE BRANCHES IN INDIA. VERY SOON IT IS GOING TO OPEN IT. IT HAS ITS CORPORATE OFFICE AT MARINE LINES, MUMBAI.
If you open a bank account today can you get a loan today?
yes as soon at you join the bank they can give you a loan
Suppose your bank honors a check for which you dont have?
When a bank honors a check for which you do not have the money, it is considered an overdraft. The bank will recover its money as soon as the funds hit your account and charge an overdraft fee for honoring the check when the funds were not present.
Can you have money direct deposited into your closed account in order to reopen it?
If your account was closed by you going into the bank and withdrawing the balance of the funds to close account, no. This account has been officially closed and is no longer active. However, if your bank account was closed due to lack of funds and put into the overdraft mode; yes. In fact you need to deposit funds as soon as possible to bring the account into the positive and to avoid any further charges or collection issues. NO
Can a bank close a bank account if you default on a loan with that bank?
They can but usually they leave it open but make it inacessable because they can keep it on your credit until its resolved. It is in your best intrest to close the account as soon as possible to allow the seven years it can be on your credit clock start ticking.
How soon can you open a bank account if you have an account that was closed due to late or no payments?
Immediately after, before it goes onto your credit report. There are some banks that don't do a background check - they are usually in Walmarts.
If you have a joint checking acct and one person writes a bad check will they go after both?
It depends on the policies of the bank and the terms of the joint checking account. In some cases, both account holders may be held responsible for any overdraft or bounced check fees. It is important to communicate and resolve the issue with your bank as soon as possible to avoid any negative consequences.
Interest on overdraft?
Overdraft interest is usually around 17 to 21 percent. This is a huge penalty and your overdraft should be paid off as soon as possible. Most banks will not allow you to have an overdraft for long.
How do you write a letter to change bank account number?
start with salutation then tell your name , current bank account number then tell that you want to change your bank account number soon tel the reason (optional)
How soon after you stop paying credit cards can your bank account be frozen?
This seems highly unlikely. I think only the IRS has the power to freeze a bank account.
When should one reconcile ones bank account with ones statement?
As soon as possible after receiving a bank statement.
Sebring FL New Bank in WalMart Open now or soon to open?
That will be very convenient!
How long does it take for someone to find you on Myspace after you open an account on it?
I'm guessing it's as soon as you verify your account :)
