Posts Tagged "overdraft/reserve checking account"

“Overdraft/reserved checking account” is a collection account

Dear Experian,

I work in my company’s Human Resources department, and our consumer reporting agency uses Experian to obtain credit reports. We have recently seen the term “Overdraft/Reserve Checking Account” on credit reports and are not familiar with what that means. Our consumer reporting agency told us to contact you. We only see it when the account is not in good standing.


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