Can you be denied a bank account 2024?
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Studied at University of California, Berkeley, Lives in Berkeley, CA
Under the Fair Credit Reporting Act, banks are required to tell you why you've been denied a bank account. The most likely reason to be denied an account is that you've got an outstanding debt with a bank -C often because of unpaid bank fees. But you may also be denied because of a history of frequent overdrafts.
2023-05-17 09:55:07
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Ava Wilson
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Under the Fair Credit Reporting Act, banks are required to tell you why you've been denied a bank account. The most likely reason to be denied an account is that you've got an outstanding debt with a bank -C often because of unpaid bank fees. But you may also be denied because of a history of frequent overdrafts.