ChexSystems Help? Get my FREE list now!!
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!
Chexsystems verifies your checking activity and functions as a consumer credit reporting agency. Most banks and credit unions use it when opening a new deposit account. Because Chexsystems is a CRA, it is your right to dispute with chexsystems.
Just as you can ask for one free credit report every year, you can also ask for a Free chexsystems report once a year. As a consumer, you can question any information in Chexsystems, and you can also dispute entries and the evidence that supports the reported activity.
Chexsystems is not a fair systems.
Many have objected to its reporting practices, stating that 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 unlike most credit reporting agencies. This jeopardizes your reputation as a consumer, when you would otherwise be qualified to open checking accounts.
Another growing problem I am seeing is Early Warning Services. More and more people are being denied accounts because of EWS. Banks that never used and still do not use Chexsystems are now using EWS. Almost everyone that has been reported to Chexsystems is also reported to EWS.
My name is Mary. I am known on the boards as mca. Many of you know me from the old ChexVictims Site that is now closed.
As a financial consultant, over the past 6 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. My lists have specific details about these banks, so you are not applying for an account blindly.
Many sites will copy my lists, so don't be fooled. Most are never updated and offer bad information. I have worked with various companies doing customer service online that sell the same information that you can get here for free. Other free sites are misleading and generally incorrect.
I will update this site with new chexsystems information and related issues on a regular basis, so remember to check back!
