Financial Advice – Bank accounts don’t appear on my credit report?
Posted by Jo on April 25th, 2013
Financial Advice From Credit Monarch ®
Credit Monarch ® – Free Tips for Financial Growth From The Credit Cards Experts.
Financial Advice: Often we are being asked by our clients; why cant i see my everyday checking or saving accounts on my credit report.
Our experts answer:
Checking and Savings accounts only appear on the consumer report once they are delinquent (i.e. if they are overdrawn and were not paid.) These bank accounts typically appear on something called a “Checking Report.” One such repository is ChexSystems ®.