Information about your bank account will not be included in your credit report and will not have any impact on your credit score. On the other hand, lenders make an assessment of your capacity for more debt based on information about your assets, bank account, and savings.
Before allowing you to open an account, banks and credit unions want to know about your financial background. Your banking history is examined to achieve this. Similar to a credit check, this report shows the consumer's financial activities, but for bank accounts rather than credit cards.
Bank transactions and account balances are not included in the information provided to the national credit reporting bureaus, therefore they have no impact on your credit reports. On the other hand, unpaid bank fines or fees will appear on your credit reports and may result in a decline in your credit score.
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