Posts Tagged ‘Checking Account’

Question about credit at 18 years old?

destructfashion asked: I just turned 18 about 10 days ago, and I tried opening a checking account with bank of America, but received the following notification a few days later: “We are unable to open your account(s) at this time. Our decision was based in whole or in part on information obtained in a report [...]

If a bank does a hard pull on my credit report to open a bank account how will this negatively effect my score

The Great Poomba asked: I wanted to open an online checking account and am planning on buying a house soon. How much will this effect my credit score? Thanks! It’s actually a checking account through Schwab that gives a pretty high percentage interest on your money, so I’m not sure if that makes a difference.VANCE