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What can you do if your bank sent you a letter telling you that they will close your account because of a bad check you deposited into your account and could this affect your credit?
Wiki User
∙ 15y ago
Normally if a bank closes your account they will report you to chexsystems, telecheck, or early warning services. If the account is charged off, it may be turned over to a collection agency and in turn it could hurt your credit. It will also prevent you from opening a new account easily
Wiki User
∙ 15y ago
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