http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Question-about-closed-bank-account-amp-ChexSystems/m-p/1605248#M66424 <blockquote><hr>insolito wrote:<br><p>I had a bank account that was closed with a -$300 balance. The debt was sold to a CA (turning point capital). This item is not on my credit report.</p><p> </p><p>I have 2 questions.</p><p> </p><p>1. Do bank account debts and history not affect the credit score? Do they report to ChexSystems instead of FICO? or both? Am I just lucky this hasn't hit my credit report yet?</p><p> </p><p>2. If I pay the CA and not the original debt holder (the bank), will that get reported to chexsystems improving my score with them? </p><p> </p><p>Thanks... I'm a newbie here so sorry if this has already been addressed somewhere.</p><p> </p><hr></blockquote><p>1.  Yes they do affect it.    They often report to both.  You are lucky.</p><p>2)  Paid will make a differnce if you go to open a new account.  You can also pull your report from Chexsytems and see what it says.</p> Mon, 24 Sep 2012 01:12:21 GMT Shogun 2012-09-24T01:12:21Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Question-about-closed-bank-account-amp-ChexSystems/m-p/1598612#M66413 <p>I had a bank account that was closed with a -$300 balance. The debt was sold to a CA (turning point capital). This item is not on my credit report.</p><p> </p><p>I have 2 questions.</p><p> </p><p>1. Do bank account debts and history not affect the credit score? Do they report to ChexSystems instead of FICO? or both? Am I just lucky this hasn't hit my credit report yet?</p><p> </p><p>2. If I pay the CA and not the original debt holder (the bank), will that get reported to chexsystems improving my score with them? </p><p> </p><p>Thanks... I'm a newbie here so sorry if this has already been addressed somewhere.</p><p> </p> Wed, 19 Sep 2012 15:09:39 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Question-about-closed-bank-account-amp-ChexSystems/m-p/1598612#M66413 insolito 2012-09-19T15:09:39Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Question-about-closed-bank-account-amp-ChexSystems/m-p/1605248#M66424 <blockquote><hr>insolito wrote:<br><p>I had a bank account that was closed with a -$300 balance. The debt was sold to a CA (turning point capital). This item is not on my credit report.</p><p> </p><p>I have 2 questions.</p><p> </p><p>1. Do bank account debts and history not affect the credit score? Do they report to ChexSystems instead of FICO? or both? Am I just lucky this hasn't hit my credit report yet?</p><p> </p><p>2. If I pay the CA and not the original debt holder (the bank), will that get reported to chexsystems improving my score with them? </p><p> </p><p>Thanks... I'm a newbie here so sorry if this has already been addressed somewhere.</p><p> </p><hr></blockquote><p>1.  Yes they do affect it.    They often report to both.  You are lucky.</p><p>2)  Paid will make a differnce if you go to open a new account.  You can also pull your report from Chexsytems and see what it says.</p> Mon, 24 Sep 2012 01:12:21 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Question-about-closed-bank-account-amp-ChexSystems/m-p/1605248#M66424 Shogun 2012-09-24T01:12:21Z