Can a Credit Card Company Seize My Checking Account?

Answer The right of a credit card company to seize money from your checking account is called "right of offset." It typically applies to loans or credit cards for unincorporated businesses. Federal banki... Read More »

Top Q&A For: Can a Credit Card Company Seize My Checking Acc...

Can credit card companies seize your bank account?

A credit card company can take you to court to collect on unpaid credit card debt. If the company wins the lawsuit, it obtains a judgment, and money in your bank accounts can be taken. More typical... Read More »

Can you open a checking account with a credit card?

A credit card can be a used as an alternative for a photo identification (if two are required) or a secondary piece of identification for opening a checking account. Proof of mailing address will a... Read More »

How to Get a Credit Card With No Checking Account & Bad Credit?

Applying for a credit card with no checking account and bad credit is no easy task. Almost all credit card issuers stipulate that you must possess a checking account, and most require average credi... Read More »

Can I transfer money from a credit card to a checking account?

Money can be transferred online from a credit card to a checking account, but only if the credit card is linked to the bank account. Other options include cash advance checks, which are supplied by... Read More »