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Banking Question.

Discussion in 'Banking, Finance, Investments' started by teedee, Oct 21, 2005.

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  1. teedee

    teedee Law Topic Starter New Member

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    Is it good or bad to constantly open and close accounts at different banks?(2 - 3 per month). Leaving each bank in good standing and not owing anything. In doing this, will this leave have a bad effect on the persons financial situation in the future?

    Please respond ASAP

    Thankyou :confused:
     
  2. Scooter

    Scooter New Member

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    I don't think it matters. Chex Systems is a like a credit report for banking and will disclose the mutliple accounts, but I doubt a New Accounts Person would care.
     
  3. Michael Wechsler

    Michael Wechsler Administrator Staff Member

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    Why would you do this and how did you come up with this conclusion? Are you referring to your fear of this appearing on a credit report?
     

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