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Q: Can make a PayPal account without using credit or debit cards but using saving bank account?
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Can you get a loan with a saving account?

No! You must have a credit account!


Your mom goes to the ATM at the bank uses her pin and withdraws 300 from her saving account with her card debit or credit?

If your mom goes to the ATM and withdraws 300 from her saving account, she will do this with her credit card.


Can pay pal report negative account balances to the credit bureaus?

No. PayPal has no agreement with the end-user (you) for reporting to credit bureaus. After 1 1/2 years, PayPal writes off the amount owed for credit on federal taxes. This amount brings them a 70% return on their taxes hence saving them on collections. It all pretty much boils down to after 1 1/2 years - 2 years max, the collections process will discontinue and the amount will be written off. PayPal uses no third- party collection resources or reporting resources to credit bureaus. This is all from the PayPal Terms of Service.


Can a bank close your account after bankruptcy if you never bounced checks and have no line of credit with them?

No, the banks can not close your saving and checkings account. If you have credit card debts then yes they can close your credit cards.


Can a credit card company take money out of your saving account if you are no longer paying them?

yes


Do they do credit checks for saving accounts and bank account?

Nope. All you need is cash.


Will closing your checking and saving accounts to open checking and savings accounts with another bank affect your credit rating?

No credit reports only report debt not assets. Checking and saving account information does not appear on credit reports so will not affect your credit score.


How does one find information on getting an individual saving account?

Finding information on getting an individual saving account can be done through a bank, a credit union, or a grocery store that offers banking services.


Can credit collector take money from you saving account?

yes they can and it is really easy so be carefulthere are a lot of ppl


Can you transfer money from your saving account to your credit card?

yes. Most banks offer this facility through their net banking website. I have used it in in the websites of ICICI, HDFC bank etc. You need to register with the details of the credit card in your account. Once that is done you can transfer cash to your credit card account.


What are the saving account rates for Shell Federal Credit Union?

The saving account rates for Shell Federal Credit Union is 0.25%. You can read more at www.shellfcu.org/rates/business.php or https://www.peoplestrustfcu.org/ The current interest rates for savings accounts with Shell is .25%. This is a very low rate but it is better than nothing!


Can you get debt with a debit card?

Yes you can. It would be limited because when you use your debit card it checks for your balance in the checking account. If you you have it linked to your saving or to a credit card than it will reduce your savings account first and then charge the credit card.