When Applying for a Checking Account, Is my Credit Run?

Author: elfygrrl
Posted: Tue Jul 19, 2005 10:12 pm
Post subject: When Applying for a Checking Account, Is my Credit Run?

Hi everybody,
This site's great. I've learned so much already. Thanks for all the free info.
Here's my problem. My credit score is in the early 600's and I have a discharged bankrupcy from 6 yrs ago. I've recently started getting credit cards again and I'm trying to do it right this time.

The only problem is that I'm having a hard time getting a checking account.
Any suggestions? Is it easier if I go into the bank rather than applying online?
I would much rather do it online. It's much easier than being rejected in person.

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Author: maddybeagle
Posted: Tue Jul 19, 2005 10:18 pm
Post subject: Can't get a Checking account

why is hard to get a checking account. I started a checking account out of college (had no credit then) and was able to start. Try a credit union. Seems as long as you have money to deposit you can start.

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Author: Sarasotatony
Posted: Wed Jul 20, 2005 11:50 am
Post subject: Can't Get A Checking Account


I ran into the same problem about fifteen years ago. Banks that have many branches around the state, or in other states will run a credit check and often reject those with credit problems. Go to a "Mom and Pop" (or small bank) in your town and you should have no problem opening a checking account. Also open a savings account there. Then after you are with them one year, apply for a $1,000 personal loan. This looks very good on your credit report. Don't apply for any other credit (especially credit cards) for a year or so. You will be on your way to reestablishing your credit. Also: Say nothing about the bankruptcy. Good luck!