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Posts Tagged ‘Savings Account’

What bank and type of bank account would you recommend a high school student get?

Sunday, August 8th, 2010
bank account
Yuina asked:


I’m not sure what bank to go to, some say Washington Mutual, but others say Bank of America. What do you recommend? Also, I don’t make that much money, but I’m in an argument between a checking and a savings account.

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Can collections seize a bank account from unpaid medical bills?

Sunday, April 25th, 2010
bank account
fox1986 asked:


I have some medical bills that are unpaid and have went to collections (about $3000), I do not have a job at the moment but I do have a savings and checking account with a few hundred dollars in them. Can their collections seize my bank accounts?

How do I go about opening a bank account?

Tuesday, March 9th, 2010
bank account
nomakeup asked:

I’ve never had enough money before to need a bank account. Now that I earn money, what is the process of banking? Do I open a checking or savings account or both? What bank do you use? suggestions please?

What is a reserve line on my bank account?

Wednesday, February 3rd, 2010
bank account
TheVetDr asked:


I don’t understand what a reserve line is. My bank account has one and it says I have a reserve line of certain amount of $.

Do I owe this to the bank? I don’t get it as even though there have been times my checking account has been on zero, my savings account has always had enough money to cover my spending
Please could anyone elaborate on what is this?

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