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Chex Account Aims to Ease Strain of Being Listed in ChexSystems
For people who are listed in ChexSystems, simple banking procedures can turn into a nightmare. ChexAccount.com was created to help people listed in ChexSystems get their banking back on track.
IRVINE, CA, September 30, 2010 /Financial PR News/ -- A new website is dedicated to helping millions of people get their ChexSystems questions answered. ChexAccount.com is a free resource website dedicated to helping people solve their ChexSystems problems.
What is ChexSystems?
It is a database that more than 80% of the nation's financial institutions use to see who the 'unsavory' customers are. Before any of these banks or credit unions agree to open new accounts, they check the database to see if the applicant is listed. If they are, the bank will likely decline to open an account for them.
For people listed in ChexSystems, simple banking can turn into a nightmare. By law, names that are in ChexSystems can stay there for up to 5 years. In the meantime, people discover that it is virtually impossible to get a new bank account.
Who is listed in ChexSystems?
Anyone who has had a bank account 'closed for cause' is probably listed in ChexSystems. Banks report customers to ChexSystems if they accrue too many overdraft fees, are accused of any kind of fraud, or are accused of misleading the bank in any way.
There is no such thing as a 'good' ChexSystems listing. The database only keeps track of people who have been deemed financially irresponsible by their banks.
How can ChexAccount.com help?
Although it is not affiliated with ChexSystems, ChexAccount.com is run by experts who know the ins and outs of the database, its procedures, and the laws it is bound by.
ChexAccount is a completely free service; there are no memberships to join or fees to pay.
While ChexAccount.com cannot guarantee getting its visitors a ChexSystems removal, the website is designed to educate people who are listed in ChexSystems - in hopes that they can get themselves removed from the system, or at least find another way to bank.
ChexAccount.com has come up with 4 solutions for people who are listed in ChexSystems:
- Doing business with non-ChexSystems banks. ChexAccount.com even offers a list of banks all over the country that do not use ChexSystems.
- Information on second chance checking. Some banks will approve people who are listed in ChexSystems under a second chance checking account that comes with stricter rules and fees.
- Getting a pre-paid debit card, which can help people pay bills and expenses without having to open up a bank account.
- Trying to get a ChexSystems removal by filing a ChexSystems dispute. For some people, a ChexSystems removal is possible - if they know exactly what to do. ChexAccount.com offers people tips and information on filing a ChexSystems dispute.
For more information on, log onto ChexAccount.com.
Chex Account helped thousands of people regain their banking privileges, despite ChexSystems. You too can learn how to get a new checking account by visiting their website at ChexAccount.com.
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Press Release Contact Information:
Steve Baik
Chex Account
President
USA
Voice: see email
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