Being Denied Checking Because of ChexSystems?
Paying all the unpaid bills may not be an easy job for many people under the current economic downtown and that can cause a great problem for the banking service user. If you just do not have enough money in your saving accounts and you write a check that need more money to get the check valid, your account can be easily closed as you are giving them a really bad image, or even scamming.
You may find it hard to open another banking account because of your past records. So what can you do? Do you want to know why you are denied to do so?
Have you heard of the ChexSystems and Telecheck? They are the systems that offer credit checking reports to the banks. They are so powerful that they can provide your reports of excessive overdraft, debit cards and saving account abuse, and many other personal credibility records. If your report is not good enough and with many black marks, you may find it very hard to have another account because those banks may think that opening an account for you is too risky. But how can you know if you have a bad record? For ChexSystems, you can simply as them to give the report to you for having a look and you can enjoy one quota for free.
You can simply refer to that report and see if the reason for the difficulties encountered during the registration of the new banking account is due to the bad reports of your past credibility. If you want to check your reports in other similar companies, such as Transunion, Equifax, Experian and Transunion, you can also request for a report and different company has different ways to deal with your request. For more information, please refer to the official websites of the related companies.
Why Not Try Second Chance Checking?
Some financial service providers know what you need and they understand you, and that is why they can offer you some great services that allow you to enjoy the best banking service even though your financial status is not very good. Even if your deposit cannot reach the minimum required deposit in the normal banking service, they can still help you by offering you a deposit account that have a low minimum required deposit limit only.
Or some banks may even offer you plan that without any limitations on the amount that you deposited in the account! If there is not any minimum balance requirement, you can use the deposit account freely as you do not have to worry about the requirement that you can only hardly reached because of your poor financial status anymore.
Some financial companies may even offer you banking services without any transaction fee. If you have an account that has this characteristic, you are normally allowed to write checks, transfer funds to any savings and checking accounts in the USA, or even person-to-person e-payment.
You do not have to pay the high transaction fee anymore if you use this type of service. But then they can still offer you normal banking services as other traditional banking service providers provide. You can still use your ATM card freely. Moreover, you may not qualify for a MasterCard but you have a demand for it.
So what can you do? Some financial service providers know your difficulties on it so they can offer you free MasterCard ATM or even debt card to you. With the help of those service providers, you can enjoy one of the most convenient payment methods in the world!