Good advice about dangers of overdraft protection.
Also should have another name on account that is P.O.D payable on death so funds can be transferred legally.
Also pay attention to monthly service charge fees.
My son , not married, still has high school checking & savings in small town with his sister named on account… It’s small local so no free ATM in Orlando area…
If he closes those accounts after 20 years…Will it affect his credit scores?
Thanks for assistance . They recently started charging a monthly fee , want to close but credit score ??? Question.
Also should have another name on account that is P.O.D payable on death so funds can be transferred legally.
Also pay attention to monthly service charge fees.
My son , not married, still has high school checking & savings in small town with his sister named on account… It’s small local so no free ATM in Orlando area…
If he closes those accounts after 20 years…Will it affect his credit scores?
Thanks for assistance . They recently started charging a monthly fee , want to close but credit score ??? Question.