|
|
ChexMate - Surviving the
ChexSystemSurvive the ChexSystem and get a checking account today!Can't get a Bank Account — A bank account is something most Americans just take for granted. It's something most of us have had since we were teenagers. But, for some 20 million plus Americans, its just not that simple. For a variety of reasons, millions of Americans cannot get a simple checking account. For the reason that they are in something called the Chex System. What is the Chex System? — The Chex System is a consumer-reporting agency that provides information to banks and other financial institutitions. Most banks use Chex Systems to screen potential customers before opening an account to, theoretically, prevent check fraud. Why am I on the list? — An individual can get on the Chex Systems list for a variety of reasons including: too many NSF (non-sufficient funds) items, writing bad checks, and having a bank debt, to just name a few. Once you are on the list, it takes five years to get off the list unless you take action. What do I do if I am on the list? - There are a variety of options if you are on the list and find yourself unable to get a checking account. You can get off the list. It takes some effort, but it can be done. Another option is to find a bank that does not use Chex Systems. This takes a bit of research, because approximately 80% of the banks and credit unions use Chex Systems to screen potential customers. Warnings - Be careful of offers to provide "up-to-date" listings of banks not using the Chexsystem to screen checking or savings account applications. These lists are usually not current at all, and banks are constantly changing their processes to evaluate an applicant. Much of this information is available online, in particular on various personal finance forums specializing in getting help if you are on the ChexSystem. Please save yourself the money! Share Your Story - The best information can best be obtained from those of us who have been through it all. Please go to the Forum and share your story and read those of others with different insights on the ChexSystem and banking in general.
AddMe - Search Engine Optimization
|
![]() Articles and Additional Information ChexMate Forum What Is Chex System? Solutions for Chexsystems & Bad Credit What To Do If You're In The ChexSystem One Simple Letter Can Get You Off Chex System Get out of ChexSystems and Get a Real Bank Account Today ChexSystems - Getting Off And Finding Non ChexSystems Banks Rebuilding Credit: Scarlet 'C' of ChexSystems ChexSystem Can't Stop You From Getting a Bank Account On ChexSystem? Consider A Debit Card Account Chex System - Why Every American Needs to Guard His Checking Account Credit Repair Secrets Revealed - "How to Get Out of Chex Systems" Why Banks Use ChexSystems and What Your Options Are If You've Been Reported ChexSystem Problems? Learn About Different Bank Account Options Non Chex System Banks Other Related Sites |