There are many possibilities. Perhaps it was a credit issue. There are many banks that use outside sources to help them make decisions to open deposits accounts. These outside sources include: chexsystems, telecheck and early warning services. If you have a negative report listed, you may be denied.
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 are banks that will help you regarless of your credit history. If you have been reported to chexsystems, your name remains on file for 5 years but there are also banks that do not use chexsystems
if you have a lein on you, can they take your disabilty money out of your checking account
In order to open a business checking account online you first need to decide which bank you would like to have a checking account through. Then you should go to the website and follow the steps listed to open a checking account.
A US checking Account
The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.
Opening an online checking account is usually very simple, and many banks offer online checking alongside your primary checking account. Your best bet would be to simply call your local bank, and ask them about their online checking program.
You would access a second chance checking account basically the same way a normal bank account but its not normal most of the money handling for a second chance checking account is done online and people who use second chance checking accounts don't have very great credit
It depends on the bank. Some banks will allow this and others will still deny. Generally they will do a background check for any signers on the account.
Nothing.
An individual who was denied a standard checking account at a bank due to poor credit may sometimes be able to open a 'Second Chance' checking account instead. These accounts are generally worse than normal accounts due to higher fees, but they are an option for people who have no other way to open an account.
This is going to depend on which bank your account is with. For example, if you have a checking account with chase, you would go to the chase website login. Once logged in you have full access to online checking.