when I was 18 I had 3 different checking accounts.. I am starting to pay them all of now but wondering if anyone will allow me to have a savings account.
2007-02-23 07:10:27 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Usually it takes about 2 weeks for the bank to report the payoff to the credit agency. After that has been completed, you should be in the clear. Now if it involved certain illegal activites like check kiting or bouncing, then you may not be able to open an account anywhere. Or you may be forced to open a "second chance" checking account.
2007-02-23 07:45:50 · answer #1 · answered by Texas Girl 3 · 0⤊ 0⤋
What do you mean, "pay them off?" How do you pay off a checking account? Do you mean your wrote bad checks that bounced and whoever you wrote the checks to are still trying to collect from you?
You're probably lucky you didn't end up in jail.
You should be able to get a savings account. You should also be able to get a checking account, although you won't be able to get a free one. You'll likely get one of the ones that has a service fee on it.
Check with the bank. Explain that you know you screwed up and you're making it right and see if they'll open an account for you. The worst that can happen is they'll turn you down.
2007-02-23 15:38:17 · answer #2 · answered by Faye H 6 · 0⤊ 0⤋
Some banks have "second chance checking", but I doubt any bank will take a chance on you while you have 3 bad accts still to be settled.
2007-02-23 15:31:50 · answer #3 · answered by Ryah B 2 · 0⤊ 0⤋