by eyewash
Question by joshcreek2002: Why do you need good credit to buy stock?
I recently applied for an account with TD Waterhouse because I wanted to try and make some extra money through the stock market. I then receive a letter a few days later stating that my account was closed due to bad credit. The company is not taking any risk on me investing my money. They are not extending me a line of credit and the fees would come out of the money deposited. Its not like the phone company
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