If your account goes negative and it is covered by overdraft protection, does that put a mark on your credit?
2007-03-19 08:15:33 · 7 answers · asked by radioactive_babywipes 3 in Business & Finance ➔ Credit
It looks like a bank loan on your credit report till you get it paid off. I have one and just finally paid it off so I know this and saw it on my credit reports.
2007-03-19 08:20:52 · answer #1 · answered by Kris 3 · 0⤊ 0⤋
i'd pay it off promptly away, and then to strengthen your credit status, in simple terms spend about one hundred money on your mastercard, write down each of the things you purchase, do not flow to a lot over, perchance a touch. Then, on the top of the month in simple terms repay the single hundred money, then do all of it yet all over again.
2016-11-26 22:49:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
no. because this will not be reported as bad credit because the plan has fixed the problem. why else would you pay for it?
2007-03-19 08:20:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No, that has nothing to do with credit unless you don't pay the fees.
2007-03-19 08:45:28 · answer #4 · answered by Akbar B 6 · 0⤊ 0⤋
Nope.
...and at the time, I used my ODP quite frequently.
2007-03-19 08:24:25 · answer #5 · answered by my2cents 3 · 0⤊ 0⤋
normally it does not, your bank does not evern report it though they charge you a hefty amount
2007-03-19 08:20:16 · answer #6 · answered by ewtaylor2001 5 · 0⤊ 0⤋
no
2007-03-19 08:21:32 · answer #7 · answered by shorty21 5 · 0⤊ 0⤋