0
What questions can you legally ask a bank or business when checking credit references?
Wiki User
∙ 15y ago
In order for the bank to legally answer your questions you would have to have a document signed by the person in question stating that the bank can realease that information to you. The information that is usually asked for includes; average account balances, how long accounts have been open, overdrafts, times late on loans, high credit limit and things like this.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What questions can you legally ask trade references?
A Trade reference is a reference that educates you to evaluate the risk of dealing with your customer. The questions that you can legally ask a trade reference are about the authenticity of the customer and about his financial position.
For a small business, what are the benefits of opening a business checking account rather than using a personal checking account?
There are several benefits from opening and maintaining a business checking account rather than using your personal checking account. When you use a business checking account you are segregating your business funds from your personal funds, thus creating better organization for your business. Also, having the business checking account will help at tax time because all your business transactions will be within the business checking account and there will be no need to sort through your personal transactions. Finally, the business checking account will allow you to use a taxpayer identification number (TIN) so the funds can legally be owned by your business, instead of using your social security number on the checking account. For a small business, opening a business checking account allows you to get more interests. In addition, transactions are processed faster compared to a personal account.
Are partnerships allowed to earn interest on their checking accounts?
No reason in the world why a legitimate business couldn't find a bank that will give them interest on their checking account. It isn't a common thing, but there is certainly nothing that prevents it legally.
When could women legally get a checking account on their own without a cosigner in the US?
women could legally get a checking account on their own without a cosigner in the U.S. in present day today.
Can your sister legally take your moms money out when you both were on it?
Can my sister legally take my moms checking and savings out when we were both executors
List 5 ways a business can be set up legally?
list 5 ways a business can be set up legally?
For which form of business ownership are the owners of a business legally distinct from the business?
corporation
If my school asks me something and i dont want to say am i legally allowed to do that?
You can legally refuse to answer any questions you like. And, the school can legally punish you for it.
How do you own a business at 12?
You can't legally own a business at 12. You must be an adult to be legally bound to anything, to sign contracts and file taxes.
I'm age 17 in Texas i have a record with 2 hits and 1 pending I havent been going home can my parents legally kick me out or can i legally move out?
Question: "can my parents legally kick me out or can i legally move out" 'No' to both questions. But the answer to both questions will be 'yes' once you turn 18.
What is legally blonde rated?
Julie & Julia is rated pg-13 for brief strong language and some sensuality.
If you were fired from your previous job will every other employer discrimate towards you?
Answerif you were fired from your previous job, keep it to yourself. Legally your previous cannot devulge anything nagitive toward you. Most employers look at your refs to see what you wrote, but honestly they rarly call the references, and if they do, legally all you previous employer do is conferm that you worked there and for how long, and what your job function was, they cannot legally answer any performance related questions, nore can the say why you left.
