How Do You Get A Bank Account With Check Systems?
If you incur fees on any of your bank accounts and neglect to pay them, your bank will eventually close your account and report the debt you owe to Chexsystems. Chexsystems is a consumer reporting agency that maintains records of individuals who owe money to banks. Most banks will run your name through Chexsystems prior to approving your application for a new checking account. If your name is in the Chexsystems database, the bank will view you as a high risk and is likely to deny your application. There are ways, however, to get a bank account while in Chexsystems. Contact Chexsystems and request a copy of your consumer report. As a consumer reporting agency, Chexsystems must adhere to the Fair Credit Reporting Act which entitles you to a free credit report each year. Review the information to ensure that it is accurate. File a dispute with Chexsystems if any of the information noted on your file is inaccurate or incomplete. A successful dispute may result in your file being cleared pr
