2006-09-01 03:35:32 · 3 answers · asked by daisyflower02745 1 in Education & Reference ➔ Other - Education
would you loan someone money who bounced checks? if you write a bad check that only means that your more then likely default on a loan too.
2006-09-01 03:42:23 · answer #1 · answered by george 2 6 · 0⤊ 0⤋
Bouncing bank checks should not effect your credit score, they actually have nothing to do with your credit as long as you pay the bank fees in a resonable time. If you fail to pay the fees the bank considers the bad check as a "loan" and reports it on your credit.
2006-09-01 03:42:04 · answer #2 · answered by Steelr 4 · 0⤊ 0⤋
It does have a negative effect. That will stay on your credit for a few months, if it's only 1. If you habitually do it, it will stay on for a long long time.
2006-09-01 03:42:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋