Vitaliy wrote:
> Even though I do not intend to pay $50 (or however much it is now) for a 
> 56-cent overdraft, and I will definitely not do business with Compass bank, 
> my main worry is that they will submit the account to collections, and 
> damage my credit history. Any way to prevent that from happening?
>   

My guess is that they will report it to Chexsystems.  Most banks here in 
the US pull a Chex report when you go to open a new account.  This could 
significantly hinder your future efforts to open accounts with other 
institutions.

Aaron
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