Does your bank account effect your credit score?

Question

I have a bank account that has been in the red for almost a month. Can your banking information effect your credit score, or is banking info considered private?

Answer 1

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Answer 2

No unless you don't pay the account then they can send you to collection.

Answer 3

Not so sure if it will effect your credit score, but no one will lend you any money for a house, car etc. with that on there.

Answer 4

To answer your question, it can both directly and indirectly. If you continue to keep it like you have it will be charged off as a collection account which can tank your score. To make matters worse, the bank then reports you to another database called chexsystems for 5 years, which pretty much blacklists you from opening up another bank account. In this day and age, you really can't afford not to have a bank account. While your banking information is private, it's still a vital part of your credit, so my suggestion would be to take care of that ASAP