Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
Does any type of overdraft protection identify the checking account?
A checking account number might appear on a credit report, due to an ordinary overdraft -- not on the regular credit reports that consumers usually think of when referring to credit reports (Experian, Equifax, and Transunion). But, there is a special credit reporting agency used by banks for the sole purpose of identifying troublesome bank account holders. And, I believe that a standard overdraft might show up that credit report if the account holder fails to pay. A loan agreement overdraft would appear on a standard credit report, but it would not show the checking account number, nor refer to anything about a checking account, because the loan agreement account is the account that would be in default, and not the checking account.Hope this helps.