airdvr 210 #1 November 16, 2007 Does dipping into this line negatively affect your credit rating?Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
Squeak 17 #2 November 16, 2007 QuoteDoes dipping into this line negatively affect your credit rating?it shouldn't, given that the financiall institution has agreed to extend you one. Defaulting on a payment to it probably will effect it thoughYou are not now, nor will you ever be, good enough to not die in this sport (Sparky) My Life ROCKS! How's yours doing? Quote Share this post Link to post Share on other sites
LuvBluSky 0 #3 November 16, 2007 No... it won't. In most cases the overdraft line of credit just appears as a typical line of credit to creditors. Bankers are the only ones who know that it is an overdraft line most times. Watch out for the nasty percentage rates on those lines... they'll bite you in the ass! :-) Plus you are probably paying a sweep fee in addition to that interest rate! Buyer be AWARE! Quote Share this post Link to post Share on other sites
Phillbo 11 #4 November 16, 2007 No ..... watch the fees though. Quote Share this post Link to post Share on other sites
