checking and saving account

Video: Does Closing Checking and Savings Accounts Hurt My Credit?

You may be busy, but chances are you still have 60 seconds to answer important questions about credit that could make you a more educated consumer. Check out the latest video in our series, Credit in 60 Seconds, to learn more about credit and if your savings and checking accounts are connected to it.

This video covers important topics like:

  • How bank accounts are different than credit accounts and don’t affect your credit score.
  • Where closed bank accounts can impact you, even though it’s not on your credit report.

Also, check out our first video in this Credit in 60 Seconds series to learn what could affect your credit score.

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This article is provided for general guidance and information. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.

Published by permission from, Inc., an Experian company.   © 2014, Inc.  All rights reserved.