Sick of my credit being run but want to open a savings account at a bank near work...
2006-09-14 08:33:12 · 9 answers · asked by savannah_banana03 1 in Business & Finance ➔ Personal Finance
NO they dont run your credit when you open a savings acct only on a checking acct do they run something called chexsystems which is a network of banks that report delinquent customers for various reasons like excessive overdrafts making fraudelent checks etc...but your credit will not be ran
2006-09-14 09:05:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Credit Check For Savings Account
2016-12-10 06:37:14 · answer #2 · answered by ? 4 · 0⤊ 0⤋
This Site Might Help You.
RE:
Do they run a credit check when you open a savings account?
Sick of my credit being run but want to open a savings account at a bank near work...
2015-08-16 08:19:10 · answer #3 · answered by ? 1 · 0⤊ 0⤋
If the account has an over draft option, meaning that you can potentially owe them money, then the answer is yes otherwise it is no.
There are two different types of inquiries to your credit report, one would hurt your credit rating the other one doesn't.
The ones that doesn't hurt your credit rating are like credit card company who want to send you promotional stuff (invitation to a new credit card).
All the other inquiries would hurt your rating. Like if you are applying for mortgage, applying for credit card, applying for car insurance, applying for cell phone plan etc.
I hope this helps. Good luck.
2006-09-14 15:54:27 · answer #4 · answered by JQT 6 · 0⤊ 0⤋
For the best answers, search on this site https://shorturl.im/axhE4
Well they will run a credit check when you open your account. Some make soft inquiries and some will make hard inquires.
2016-04-07 00:53:52 · answer #5 · answered by Teresa 4 · 0⤊ 0⤋
My bank didn't when I opened a savings account, only when I opened my checking account.
2006-09-14 08:50:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
No they dont..... Your savings account is your own money they wont run a credit check for that....
2006-09-14 08:40:24 · answer #7 · answered by Roxy 3 · 0⤊ 0⤋
I don't think so, but if you owe another bank money you want be able to open a saving account, until you pay the other bank back! I think they just check your bank history!
2006-09-14 08:41:43 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Yes they do. You can get a credit report run three times in three months without it causing your rate to drop.
2006-09-14 08:40:37 · answer #9 · answered by mrscmmckim 7 · 0⤊ 0⤋
yeah...they do - sorry. Credit is run for just about everything now - especially after the Partriot Act
2006-09-14 08:40:45 · answer #10 · answered by Alexis 4 · 0⤊ 0⤋