ChexSystems is a consumer reporting agency that runs reports on your savings and checking account history. It is commonly used by banks and credit unions to screen applicants before approving new ...

We know they’re out there. Banks that don’t use ChexSystems don’t make a secret of their second chance banking. To clarify the verb “use” here, we’re not saying that this 20% of banks in the US is ...

A bad ChexSystems score may not scar you for life, but it does severely limit your choice of banks for those 5 years that your banking record remains tarnished. A little over 80% of banks you apply to ...

ChexSystem is a reporting agency sort of like a credit reporting agency, like Experian, Equifax or TransUnion, but unlike those bureaus, ChexSystems only reports on activity related to deposit ...