Since when do banks look at your credit score when opening accounts?
I have a good relationship with BOA. I've opened and closed TONS of accounts with them. Chase has been ok. I was doing well opening and closing with them, then things stopped. For some reason, I tried to open an account online one day and was declined. I only had 3 other accounts opened with them at the time. The message online said it was because of a trans union credit report. They didn't mention chexsystems and I'm not in there anyway. Also, Ally denied me an account when I tried to open it online, saying that I didn't "score high enough." Not sure what that means. BOA seems cool with me though, and allows me to keep opening and closing accounts without a problem. Anyone else have this issue? Why would a bank look at someone's credit report? I thought they only looked at chexsystems and that's it?
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