Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I am attempting to open savings account with an internet bank that I already have a CD with.
They require me to thaw my frozen credit bureau account to do a credit check on me. The reason is that the savings account is 'more liquid' and I can withdraw the money more easily.
HUH?!?
I put the money in, and withdraw it. What does that have to do with extending credit? I am not asking for coverage of checks written with insufficient funds or something that might cause them to lose money on me.
What am I missing? Or am I?
They require me to thaw my frozen credit bureau account to do a credit check on me. The reason is that the savings account is 'more liquid' and I can withdraw the money more easily.
HUH?!?
I put the money in, and withdraw it. What does that have to do with extending credit? I am not asking for coverage of checks written with insufficient funds or something that might cause them to lose money on me.
What am I missing? Or am I?