If you went into overdraft, then it's just like having a balance on a credit card. It does go onto your credit report, but it's not a big deal.
If you don't have overdraft, then it's a slightly big deal, but probably not a big deal if you don't repeat it.
Get an overdraft line if you don't have one already.
DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....
If you are opening a savings or checking account, the bank doesn't care about your credit because you won't be able to do anything unless you put money into the account. If you're applying for a credit account, of course they are going to look at your credit history to see if you will be likely to pay them back for what they loan you.
This completely depends on the bank you are going to and their guidelines. Currently, most banks are turning people down with credit score below 660. If your score is not high enough, one of my favorite ways to boost a person's credit card score is to teach them about the magic of authorized users. Authorized usersare people who have permission to use other people's credit cards. For instance, your husband might have a Citi card. His name, and his credit score, was used to apply for the account, but you have permission to use the account.Becoming an authorized user is a powerful way to boost your credit score because you get to borrow the account holder's good credit history. If you are an authorized user on a credit card in good standing, your credit score will reflect the credit card's positive payment history by increasing. Beware, though: If you are an authorized user on a credit card in poor standing, your credit score will reflect the credit card's negative payment history by dropping.
Foreclosures can be removed from your credit report like any other negative item. You must dispute it to the credit bureaus. The credit bureaus will have 30 days to verify the foreclosure or it must be removed from your credit report. With the higher amount of foreclosures lately you have a better chance of it being removed. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Foreclosure from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "foreclosure account" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The bank that held your mortgage may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.
One applies for a credit card by going to one's local bank, opening an account, and signing a statement or contract of some sort to open a credit card.
DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....
Not necessarily.
The result will always be negative. Positive X Positive = Positive Negative X Negative = Positive Positive X Negative = Negative
Negatives and Positives Positive + Positive = Positive Negative + Negative = Positive Negative + Positive = Negative Positive + Negative = Negative
credit your stock for stocks going out of the account debit the debtors for stock going into his account
No there are not going to be negative charges there are going to be positive charges!!!!
When dividing numbers that are different the answer will be negative.
Because when there is a positive and a negative in the same problem, it gives you a negative. An easy way to solve problems like that is if there is an odd number of negative signs, then your answer is going to be negative. If there is an even number of negative signs, then your answer is going to be positive. (no matter if there is a positive sign in a math problem).
Im going to have to say negative.
Positive!
It's a positive if you didn't like where you were. It's a negative if you don't know where you're going.
I would call that positive.