What to do with an open account with red flag?

[creditscoreEE]

Hi when I got my first debit card I overdraft twice. And when I went to check my accounts I have two red flags for the both times that I overdraft ,(mind, this debit card is still open) Is there any way I can get these red flags removed? Currently there the only red flags I have but I think its not helping me to build my credit since I do want to open a credit card but keep getting denied. Thanks.

[Anonymous]

You have banking TL on your CR for overdrafts?

[creditscoreEE]

What is tl sorry in new to this forum and its not on my credit report I only have 3 medical collections which I will try PFD. But was wondering if the red flag affects anything can I get the bank to remove it?

[Anonymous]

TL - Tradeline.

I guess I am not understanding what you are asking.  Are you talking about your bank account?  If you are you would need to talk to them.

[creditscoreEE]

You know where you check accounts on fico it says my bank name than I have two flags near and an status says debt/collection but it currently isn't on my collections. I just wanted to know if its affecting my score. Is the red flag going to stay there permanent?

[Matt6995]

I am not an expert at this but you mentioned you have checking accounts showing on FICO.

If I am understanding you correctly you have collection accounts related to your checking account.

That of course is not a good thing and yes, it will affect your score.