Everbank Complaint - Everbank - SAVINGS ACCOUNTS applications trigger a credit check that can lower your credit
I followed the advice of one financial show on CNBC and opened an application for an account with Everbank, an online bank. I never opened the account and Everbank's policy is to do a CREDIT CHECK on online customers when they apply for an account whether they are borrowing money or depositing. This application in an attempt to make more money on CASH money I have lowered my credit score! When I called the company to complain I was told it was in the contract, translation "tough." I find this an invasion and unnecessary information for a bank to know about a depositor. Just don't want other unwary customers side swiped by this unreasonable policy.