2007-10-08 03:09:20 · 12 answers · asked by JZB 2 in Business & Finance ➔ Credit
Bank accounts are not reported to the credit bureaus unless you never pay the overdraft bank and they send it to collections.
2007-10-08 03:16:16 · answer #1 · answered by ? 7 · 4⤊ 1⤋
No if you always stay within your overdraft limit.
For a free credit report, check out
http://www.financecomparator.co.uk/creditreport.html
2007-10-11 11:54:22 · answer #2 · answered by John S 4 · 0⤊ 0⤋
If it is an authorised overdraft then it wont, it will only affect the credit score if it is unauthorised or if you go over your overdraft
2007-10-08 10:12:17 · answer #3 · answered by leambi 5 · 0⤊ 4⤋
Not if you have an agreed overdraft limit.
2007-10-08 15:22:25 · answer #4 · answered by naplusultra 4 · 0⤊ 1⤋
No, not if the overdraft has been agreed and allowed by the bank.
2007-10-08 10:36:35 · answer #5 · answered by louisewoods1984 4 · 1⤊ 3⤋
your credit score is affected by whether you pay off credit on time. So if you dont pay it back when they say, it will affect it. If you do, then it wont.
so technically the answer is both yes & no
2007-10-08 12:30:51 · answer #6 · answered by alatoruk 5 · 0⤊ 2⤋
it can only add to your credit score unless you go over the overdraft limit.
2007-10-08 10:12:59 · answer #7 · answered by Anonymous · 1⤊ 4⤋
No it doesn't if its an authorised overdraft, but if its unauthorised then it will.
2007-10-11 09:27:14 · answer #8 · answered by Scarlett 4 · 0⤊ 0⤋
Yes
Anything you do which is connected to finance can be recorded on your credit file
This includes both positive and negative reports
2007-10-08 18:02:54 · answer #9 · answered by stormydays 5 · 0⤊ 2⤋
It must go to collections for it to be reported. If you pay it you will have no problems.
2007-10-08 11:46:36 · answer #10 · answered by scottsmylie 5 · 2⤊ 0⤋