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    lionschickie's Avatar
    lionschickie Posts: 2, Reputation: 1
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    #1

    Oct 23, 2009, 02:43 PM
    Credit Union account went to collections .
    My credit union account went to collections, and I am needing another bank account (for car insurance). Without paying off that other debt to the credit union just yet, would I be able to open another account with a different bank?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Oct 23, 2009, 02:48 PM

    What type of "account" did you have that went into collections. If this was a checking account that you did bad checks on, and it is now in collections, no you will not be able to open a new account.

    Next why do you have to have a checking account to get car insurance?
    lionschickie's Avatar
    lionschickie Posts: 2, Reputation: 1
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    #3

    Oct 23, 2009, 02:50 PM

    It was a checking account with the credit union. Citifinancial withdrew a car payment from my account that I didn't authorize, which set me back and I wasn't ever able to catch up.

    Second, as far as needing the bank account, the insurance (Farmers) that I'm trying to go through requires that automated payments be setup through a bank.

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