Sergio SPL Posted January 13 Share Posted January 13 I ended up defaulting on a car loan and credit card 4-5 yrs ago, wondering if anyone know when I can use my checking account again. it’s been just sitting with zero balance since I was afraid they would just pull the money out to cover their losses. any help or advice would be appreciate. Quote Link to post Share on other sites
cv91915 Posted January 13 Share Posted January 13 Did you ever settle the delinquent accounts? You can get a free checking account at 25,000 other places. Why would you want to go "bank" at a place you clearly do not trust? Quote Link to post Share on other sites
discopanda Posted January 13 Share Posted January 13 NFCU has a provision that basically says, they can use any of your money with them to satisfy other debts. There is a term for this, its common. Best bet would be to get in good graces with them if you still owe them before you start putting money in your account. cv91915, hegemony and insolent1 2 1 Quote Link to post Share on other sites
jonson Posted January 16 Share Posted January 16 They will take your money to offset the default. Quote Link to post Share on other sites
mannyj Posted January 21 Share Posted January 21 I was in a similar situation and deposited money and NFCU took the money to pay the money owed. I'm now looking to get back in NFCU good graces trying to figure out a way to get a new checking acct opened with them. My savings is still open. hegemony 1 Quote Link to post Share on other sites
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