When you switch banks, will it affect your credit rating? What other consequences are there?

Shouldn%26#039;t affect it at all unless it%26#039;s at the banks insistence that you are being forced to move.

When you switch banks, will it affect your credit rating? What other consequences are there?yes loans

It does not affect your score. The consequences are dependent on what happens from the switch ... cost of new checks, etc.

When you switch banks, will it affect your credit rating? What other consequences are there? loan

It doesn%26#039;t affect your credit rating, unless you are doing it all the time of course.|||No affect on credit score at all. The only thing I can think of may be a different fee schedule so read the fine print carefully.|||Hi!! it will only damage your credit rating if you switch too often, and even then only if you are seeking credit from a different bank or company. If you are thinking or doing so then check out, transfere clauses,and other possible charges.

It could prove costly.|||When you switch banks for a better deal, it actually enhance your credit rating. But you lost a %26#039;friend%26#039; which can help you with financial advices and banking facilities whenever you requires them for immediate deals at a short notice.