answersLogoWhite

0


Best Answer

If someone is in debit the bank can reduce their credit access several times, according to the credit amount and several other factors which can be different from bank to bank.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If someone is in debit how often will the banks reduce their credit access?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What banks allow bad credit mortgage?

Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.


Where can one get a bad credit homeowner loan?

A homeowner loan for someone with bad credit can be obtained from some banks but it will be at a higher rate of interest than for someone without a bad credit record. It means one needs to ask around a lot of banks.


Who has access to my government credit score?

Several people can access your credit report including but not limited to, people you have initated business with, banks, landlords, lenders, credit card companies. Here is a link from credit report.com. http://www.creditreport.com/creditreports/creditcheck/credit-report-who-can-access.aspx


What are two companies that will offer a personal loan to someone with bad credit?

Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.


What credit cards are available for someone with no credit history?

Most credit card companies will offer a credit card for someone with no credit history. A few of them are capital one, any prepaid credit card and most banks. If you have no credit history the best way to go would be to go thru your bank.


Are there banks that will deal with someone even if they have poor credit finance?

If an individual wishes to open a checking or savings account at a bank, most banks will allow those types of accounts even if the individual has poor credit financing, or a low credit rating. Some banks will also offer loans, depending on the individual.


Where are credit banks situated?

Credit banks hold the amount of credit available in the banking system. Credit banks are situated at different places; the actual situation of the credit bank depends on the bank itself.


where do i get credit?

Credit you get up the banks


Where can someone find refinancing for someone with bad credit?

A person with bad credit is not completely out of options. They could perhaps check with banks that offer the second chance option. They could also check with some credit cards that offer this option.


Where can you apply for a consolidating credit card?

There is no consolidating credit card, but if it's consolidation for credit cards then there are various means to achieve that. Through banks and other financial support groups you can apply for a credit card consolidation to simplify and even perhaps reduce repayment costs.


Where can one find easy access savings?

H&R Block is one of a number of banks offering easy access savings accounts through their website. Other national chain banks, such as Bank of America, offer similar types of accounts. In addition, credit unions such as Navy Federal Credit Union offer similar accounts for their customers.


Who has access to personal consumer credit reports?

A consumer has access to his own credit. When you apply for loans, you authorize the lender to pull your credit. You also give permission to prospective employers as well as in other matters where the information is relevant. Collection agencies pull your credit to research information about your situation, your employer, current address, etc. The general public does not have access to credit files. Those who have access to personal consumer credit reports, are the credit agencies, credit card companies (should you apply), mortgage firms and banks, and car dealerships (should you buy a car and not pay in cash).