Aaron wrote:
> 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.

I better open a new account fast, then. Thanks Aaron. :)

Vitaliy 

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