Hi there, a little background, I had a Chase Free College Checking account back from 2012 - 2019. In 2019, I fell on a tough time, and I had to let it go. It was only overdrawn a little bit, but I let it stay that way, and Chase eventually closed my checking WITH the -$200 something still on account. I haven't heard from Chase about this account for many years, even with my same phone number for the last 10 years. I also never saw anything pop up on my CR in collections about this delinquent account.
Fast forward to 2021, and I applied for an JPMCB Amazon Prime Rewards Signature Visa. I was auto-approved & quite happy with a new line of credit, decent limit, and opportunity to make new history with Chase. NOT 24 HOURS LATER, I get a call from JP CHASE & it's a rep asking for me to settle my checking account with them! (MAGIC) I'm perfectly fine doing this, as I believe in karma & paying your dues, and I wouldn't want anything to hurt my newly established good credit & the card I just got approved for. So I agree to the settlement and ask her to mail me a letter and told her that I'd take care of it in 30 days or less.
My question is, will trying to do the right thing and pay this old delinquent account show up on my credit if it was never there in the first place? I'd hate to be trying to do something good & get slapped with negative remarks on my credit for it. I know this is specific, but if anyone has had a similar situation, any information would be so appreciated! 
@Anonymous wrote:Hi there, a little background, I had a Chase Free College Checking account back from 2012 - 2019. In 2019, I fell on a tough time, and I had to let it go. It was only overdrawn a little bit, but I let it stay that way, and Chase eventually closed my checking WITH the -$200 something still on account. I haven't heard from Chase about this account for many years, even with my same phone number for the last 10 years. I also never saw anything pop up on my CR in collections about this delinquent account.
Fast forward to 2021, and I applied for an JPMCB Amazon Prime Rewards Signature Visa. I was auto-approved & quite happy with a new line of credit, decent limit, and opportunity to make new history with Chase. NOT 24 HOURS LATER, I get a call from JP CHASE & it's a rep asking for me to settle my checking account with them! (MAGIC) I'm perfectly fine doing this, as I believe in karma & paying your dues, and I wouldn't want anything to hurt my newly established good credit & the card I just got approved for. So I agree to the settlement and ask her to mail me a letter and told her that I'd take care of it in 30 days or less.
My question is, will trying to do the right thing and pay this old delinquent account show up on my credit if it was never there in the first place? I'd hate to be trying to do something good & get slapped with negative remarks on my credit for it. I know this is specific, but if anyone has had a similar situation, any information would be so appreciated!
As @Remedios pointed out, delinquent deposit accounts do get reported to the agencies that report that kind of information: Chex Systems and Early Warning Services. So you'll be helping to improve your EWS and/or Chex ratings.
@Anonymous wrote:Hi there, a little background, I had a Chase Free College Checking account back from 2012 - 2019. In 2019, I fell on a tough time, and I had to let it go. It was only overdrawn a little bit, but I let it stay that way, and Chase eventually closed my checking WITH the -$200 something still on account. I haven't heard from Chase about this account for many years, even with my same phone number for the last 10 years. I also never saw anything pop up on my CR in collections about this delinquent account.
Fast forward to 2021, and I applied for an JPMCB Amazon Prime Rewards Signature Visa. I was auto-approved & quite happy with a new line of credit, decent limit, and opportunity to make new history with Chase. NOT 24 HOURS LATER, I get a call from JP CHASE & it's a rep asking for me to settle my checking account with them! (MAGIC) I'm perfectly fine doing this, as I believe in karma & paying your dues, and I wouldn't want anything to hurt my newly established good credit & the card I just got approved for. So I agree to the settlement and ask her to mail me a letter and told her that I'd take care of it in 30 days or less.
My question is, will trying to do the right thing and pay this old delinquent account show up on my credit if it was never there in the first place? I'd hate to be trying to do something good & get slapped with negative remarks on my credit for it. I know this is specific, but if anyone has had a similar situation, any information would be so appreciated!
I've never seen or heard of a checking account going bad getting on your CR. It will be on EWS or ChexSystems that is where they place it at and I believe it stays on there for 5 yrs.