karihager1982
Member
What is the name of your state?What is the name of your state?What is the name of your state? Michigan
When I was 18 years old (I am now 22) - I opened a checking account, and also received a Debit Card. Months after opening the account, I overdrew on my account by mistake (thought there was more money in the account).
A month later I received a statement in the mail stating that I owed the bank money for overdrawing on my account. They were charging me $5.00 a day plus the amount that I had overdrawn.
That was the first notice that I had received notifying me that I had overdrawn on my account.
So I called the bank to find out if this was right - that I had to pay this full amount since they did not notify me right away (they waited 1 full month.) The lady from the bank told me that was correct, and I would have to pay.
Well - being immature, I said the He%$ with it, and let the bill accumulate. At that time - I just didn't care, as I had other outstanding bills that I had not paid. So I then opened up a savings account instead through our local credit union.
Now that I am 22 (and a little more responsible) I am trying to clean up my credit with past creditors, as well as the bank that I owed the money to.
So here is my question:
Will I be able to open a Checking account again? I have been working with my credit union's non-profit debt program to pay off all my debt. I have made four payments of $315 so far (to be split amoungst the 5 creditors that I owe.)
I heard that if you overdrew or bounced a check previously (and never paid it) that you cannot get a checking account for a certain amount of years.
Is there any truth to this? Do you think I will be able to open a checking account through a bank or credit union?
Thanks so much for any replies,
Kari
When I was 18 years old (I am now 22) - I opened a checking account, and also received a Debit Card. Months after opening the account, I overdrew on my account by mistake (thought there was more money in the account).
A month later I received a statement in the mail stating that I owed the bank money for overdrawing on my account. They were charging me $5.00 a day plus the amount that I had overdrawn.
That was the first notice that I had received notifying me that I had overdrawn on my account.
So I called the bank to find out if this was right - that I had to pay this full amount since they did not notify me right away (they waited 1 full month.) The lady from the bank told me that was correct, and I would have to pay.
Well - being immature, I said the He%$ with it, and let the bill accumulate. At that time - I just didn't care, as I had other outstanding bills that I had not paid. So I then opened up a savings account instead through our local credit union.
Now that I am 22 (and a little more responsible) I am trying to clean up my credit with past creditors, as well as the bank that I owed the money to.
So here is my question:
Will I be able to open a Checking account again? I have been working with my credit union's non-profit debt program to pay off all my debt. I have made four payments of $315 so far (to be split amoungst the 5 creditors that I owe.)
I heard that if you overdrew or bounced a check previously (and never paid it) that you cannot get a checking account for a certain amount of years.
Is there any truth to this? Do you think I will be able to open a checking account through a bank or credit union?
Thanks so much for any replies,
Kari