Can a company take money from your checking account without permission?

Answer Yes, they surely can take money from your checking account without permission -- the most common way is through cross-collateral or cross default clauses usually in loan or credit card agreements. ... Read More »

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Is a Money Market Checking Account Also a Savings Account?

Money market deposit accounts (MMDAs) are bank savings accounts that have some of the withdrawal capabilities of checking accounts. Some people think money market accounts are checking accounts bec... Read More »

Can a Credit Card Company Seize My Checking Account?

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 »

How do I get a checking account with no money down?

Arrange to have your paycheck direct deposited into the checking account, if you have no cash on hand. Generally, you will need to contact the human resources or personnel department at your employ... Read More »

How can I wire money using my checking account?

If you have a checking account with sufficient funds, plus the proper information for your intended recipient, sending a wire transfer across town or across the world is a relatively simple matter.... Read More »