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Search: Posts Made By: jeffweico
Forum: PayPal Talk 09-23-2013
Replies: 12
Views: 1,544
Posted By jeffweico
Re: Opening A Lot of Bank Accounts= does it effect Credit?

If you want to know how your credit score is calculated, FICO has a good article explaining it:

FICO Credit Score Chart: How credit scores are calculated...
The complete step-by-step guide to get back to selling today!

Forum: PayPal Talk 09-19-2013
Replies: 12
Views: 1,544
Posted By jeffweico
re: Opening A Lot of Bank Accounts= does it effect Credit?

I have to add that this is not always true. It SHOULD be, but there ARE some banks that do a "hard pull" when you apply for a checking account. ING Direct is one of these. Chase will also do this...
Forum: PayPal Talk 09-19-2013
Replies: 12
Views: 1,544
Posted By jeffweico
re: Opening A Lot of Bank Accounts= does it effect Credit?

It depends. There are two potential issues. The first is with the mainstream credit bureaus (Transunion, Equifax and Experian) and the second is with ChexSystems.

Some banks, before opening an...
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