Its a transaction deposit account where you can deposit or withdraw money from using checks or automated cash machines. It allows more than one withdrawal and that's what makes it different from other accounts.
checking from bank fund & credit card prepaid by credit
You can open a checking account with badcreditnic.com. The do no check your credit.
A credit card account comes with a credit card, which can be used to authorize purchases of any value. The checking account does not come with a credit card and is used for issuing checks.
what is a chekcing account at a credit union
Credit scores have nothing to do with checking accounts. Unless you've had major overdraft issues with a previous checking account you will have no problems opening a new one.
Checking accounts are not normally reflected on a credit report.
No, a checking account is not correlated to your credit score. The only reason why you have to give your social security # is to prove that you have no outstanding debt with any other banks. ______________________________________ Actually, there is a correlation. Having a checking account doesn't improve your credit score, but you can be accepted or denied an account based on it. If you have bad credit, or no credit, you may be denied from a variety of bank checking accounts. I was told by my lawyer it does improve your credit if you keep your checking account in good standings he said the bank report it monthly to the crdit bureaus thats just what i was told
There is a way to earn interest on a checking accounts and can be added to the account. You will have to back through a credit union.
Having a checking account has no effect on your credit score. Bouncing your checks has a big effect on your credit score.
Most credit unions will allow anyone that is eligible for membership to open an account. It depends on what they use to verify a checking account when opened as to if they will allow you to open a checking. Some use a credit report and some use chexsystems, ews or telecheck
None. Even secured cards require a specified balance in a checking account, before they are granted.
You can be, although it will be undesirable to the person you're sharing the account with.