overdrawn bank account
Date: Wed, 11/08/2006 - 13:55
Be careful . . . . Banks will report you to chexsystems and even
Be careful . . . . Banks will report you to chexsystems and even if you pay it off will have a VERY HARD TIME getting a bank account for the next five years! They will report you not just for nsf fees, but for account abuse, making it look like you commited some crime.
Which company overdrew your account? Have you reviewed the state
Which company overdrew your account? Have you reviewed the statements comparing with your state laws? What if you have paid the full amount by now? You can actually claim for a refund from those companies and pay the bank charges.
Yes, banks will report you to telecheck or Checksystems. Two ban
Yes, banks will report you to telecheck or Checksystems. Two banks that I had previously had done that and it was hard for me to open a bank account at another bank (fortunately, the one I am with now does not check in that system yet). Even though I paid off one and the other is about to fall off the system in December, it still appears on my report and one bank wanted me to open a savings account before I could open a checking account.
Just be careful.
You can contact them and make payment arrangements. Once you do
You can contact them and make payment arrangements. Once you do that you should be able to re-open an account with that bank. I know that National City will allow you to do this. I personally would be afraid to tap into my retirement fund, it would take me forever to put the money back that I took.
Once you tap into your retirement fund, you will be penalized fo
Once you tap into your retirement fund, you will be penalized for that. Just remember that.
Have you tried to make payment arrangements with the bank? Irregardless, it will appear on your telecheck report but at least you would have paid them off and can explain to another bank what you have done.
Keep proof of it.
Don't tap into your IRA for $500, work out a payment plan or som
Don't tap into your IRA for $500, work out a payment plan or something with the bank but do something about it as they will report it to the check systems that banks use and you will be blackballed by the industry, How about picking up a part time job toget the money back into the acct?
overdrawn
Sccoter, Go to the bank and make some arrangements. My bank has a 500 dollar overdraft protection and they give you thirty days to get it back in. It wont hurt to try all they can say is no. Good Luck KYSIDE38
I would kill the bank and give them the bloody finger
I would kill the bank and give them the bloody finger
