The webs best source for up-to-date information and lists of non-chexsystems banks and credit unions and ones that are Chex-Friendly and 100% Free!
This site is dedicated to helping those reported to chexsystem as well as telecheck and EWS. Whether you are looking for a bank or credit union that does not use chexsystems or you want to file a dispute to be removed from chexsystems, I can help you.
There are many websites that will sell you the information that we provide here for free. Many have been found to be selling our exact lists. Others claim to gurarantee removal. Because chexsystems is a credit reporting agency, there is no guarantee for removal but we can help you to file the proper disputes with sample letters that we will provide to help you fight chexsystems!
Many people believe if they pay any debt owed to a reporting bank, that they will then be removed from chexsystems but this is not true.
1.Banks and collection agencies lie and tell consumers that they will be removed from chexsystems once the debt is paid. Some banks and credit unions are unaware of the way chexsystems works. Many believe that you are removed as soon as the debt is paid not realizing that they MUST request this removal themselves.
2.Many bank and credit unions will state that they will remove you but later the decision is made by the loss prevention dept. or the security dept. of the bank to keep you reported to chexsystems and to ONLY update the report to being 100% accurate.
3.Many times paying off the reporting bank can cause you to be reported for a longer period of time than you would have been if you had not paid the debt owed. For example: a report that is from 2006 will be removed in 2011. If it is paid the bank can choose to report it 5 years from the date last paid. So for example a debt on a report from 2006 is paid in 2010, the report would not be removed until 2015. This is why I sometimes suggest NOT to pay the debt owed to the reporting bank(s) especially on accounts that are older ones.
We believe Chexsystems is not a fair system. Many have objected to its reporting practices. They state the system does not report fairly, and unlike credit bureaus which have both positive and negative information on your credit report; Chexsystems only contains negative information. This jeopardizes your reputation as a consumer, when you would otherwise be qualified to open checking accounts. It is important to get a free copy of your report to see exactly what is reported, And it is your right to dispute with chexsystems even if you still owe debt to the reporting bank(S). Paying the debt owed to a bank will NOT remove you from chexsystems.
Many people reported to chexsystems may also be reported to Telecheck and Early Warning Services(EWS). This is not always the case but it may be a good idea to see exactly what is reported before looking for an account. There are however some banks that do not use chexsystems, telecheck or EWS. There are some banks and credit unions that use a credit report instead and many times people reported to chexsystems will be able to open an account when only a credit report is used.
No monthly fees No minimum balance requirement
Competitive interest rate
Your money’s FDIC-insured to the maximum allowed by law
Transfer funds online to and from your other bank accounts
This account comes with an ATM card for easy local deposits
My name is Mary. I am known on the boards as mca. Many of you know me from the old forum that is now closed.
Over the past 8 years I have spent my spare time helping people in chexsystems find banks and credit unions that do not use chexsystems or ones that are willing to help them. I help thousands of people each year to find the personal and business accounts that they need.
My lists have specific details about these banks, so you are not applying for an account blindly. If you email me for my local account list, I can help you to find the best bank or credit union locally to you.
