Bank account help

[gilly]

Hello all,

Recent ga Wellsfargo account opened with my ssn. Now i am thinking to close that account will that effect my Credit history.

Thanks in advance.

[JAI_PATHALAM_BABA]

No, it wont.

[Lakki]

may not be..

[rrc_2015]

Credit Scores ... NO.

But ... Credit agencies will know that you have closed an account. 

 

[Rusk]

15 minutes ago, gilly said:

Hello all,

Recent ga Wellsfargo account opened with my ssn. Now i am thinking to close that account will that effect my Credit history.

Thanks in advance.

yes uncle it will effect you, they will send you to jail for 6 months/250K penalty. It happened to me in 2006, so be very careful, later I have to open the account again to avoid fine  

[gilly]

11 minutes ago, Rusk said:

yes uncle it will effect you, they will send you to jail for 6 months/250K penalty. It happened to me in 2006, so be very careful, later I have to open the account again to avoid fine  

AHHAHAH this is new for me

[gilly]

Thanks guys Now i will close the account 

[Rusk]

54 minutes ago, gilly said:

AHHAHAH this is new for me

yes uncle, it will effect your credit score also, it will drop down 

[gilly]

21 hours ago, Rusk said:

yes uncle, it will effect your credit score also, it will drop down 

hey nijam cheppu sami nuvu okadivi 

[rapchik]

23 hours ago, gilly said:

Hello all,

Recent ga Wellsfargo account opened with my ssn. Now i am thinking to close that account will that effect my Credit history.

Thanks in advance.

yep it will 

[LivingLegend]

If you close your credit card then it would effect your credit score but not sure about bank account