Credit Cards & Personal Loans : Do Bounced Checks Affect Credit Rating?
Bounced checks affect a person’s credit rating by keeping local banks from lending money to the individual. Bounced checks may also lead to the debt being sent to a collection agency which will negatively affect credit scores. Avoid years of higher interest rates by not bouncing checks withadvice from a financial adviser in this free video on money management and credit scores. Expert: Matthew mckillen Contact: www.innovativefg.com Bio: Matthew mckillen has more than 21 years of industry experience in arranging loans for his clients. Filmmaker: Christopher Rokosz