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If you deposit a check in your checking account and it bounces does it affect you credit?
Wiki User
∙ 16y ago
i dont think soo it starts affecting you if the company you gave the check to starts trying to collect from you then it might affect it. if your account got charged a issuffisiant funds fee and its negative and you dont take care of it it will go to collections and affect your credit as well.
Wiki User
∙ 16y ago
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A levy was placed on a joint account due to a debt your daughter is disputing can this affect your other checking account?
No, it will only affect ur joint account. Then cannot touch your other account.
Does color affect how high a ball bounces?
No, color does not affect how high a ball bounces.
How will it affect your credit score if lender requires you to have checking account so they can withdraw payments from each month?
Having a checking account has no effect on your credit score. Bouncing your checks has a big effect on your credit score.
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.
Will having a negative balance in an unused checking account affect your credit rating?
No, having a negative balance in an unused checking account will not directly affect your credit rating. However, if you fail to pay off the negative balance and the account is sent to collections, that could potentially have a negative impact on your credit rating.
Does being reported to chexsystem affect your credit score?
No, but it will impact whether you will be allowed to open up a checking account.
Does global warming affect the way a ball bounces?
Short answer: no.
Does the size of a bouncy ball affect how high it bounces?
As long as they have the same density and mass, size will not affect it
Does poor credit affect getting a checking account?
Yes, it can. Banks feel that they are taking a risk on someone who has bad credit. Most lending institutions think that you will write "bad checks" and not be able to pay for them, thus leaving them to charge off the account. If you have bad credit, they think that you can't manage money.
Does the amount of pressure enforced on a basketball affect how high the ball bounces?
yes!
If you have a joint checking account with your 70-year-old dad and he constantly overdraws the account before his checks come in will that affect your credit?
No,Not as long as the overdraft is paid in a reasonable time, however overdraft charges can be expensive take your name off the account. Fast!!
What accounts are affected and how when merchandise is purchased for cash?
no accounts, the only time an account would be affected is when you withdraw or deposit money into/from it, cash is nearly untraceable and does not affect your bank accounts
