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What is Forced Debt?

What is a forced debt?

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Suspecting that you mean "forced debit", it's likely that it refers to a charge to a deposit account that would not post routinely and required a non-routine action by the bank to be applied to it. You might see something like this in connection with a savings account that might go into overdraft because of the transaction in question.

Published on BankingQuestions.com 5/08/08