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1. Oct 21, 2005 #1
   

   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

    

   teedee, Oct 21, 2005

   teedee, Oct 21, 2005

   #1
2. Nov 23, 2005 #2
   

   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.

    

   Scooter, Nov 23, 2005

   Scooter, Nov 23, 2005

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3. Dec 12, 2005 #3
   

   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?

    

   Michael Wechsler, Dec 12, 2005

   Michael Wechsler, Dec 12, 2005

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