Friday, 31 December 2010
Getting a Bank Account That Doesn't Require a ChexSystem Check
If you want to get a bank account when you have bad credit history, you are going to run into a few stumbling blocks. First, if you have bad credit, you won't be able to open a bank account. Anywhere. Second, if you don't have a bank account, you can kiss any opportunities of ever getting any credit - pretty much all lenders will want proof that you have a bank account.Now If you can't open a bank account, you should understand a bit about what's causing the problem. It's called ChexSystems.What is the Chex SystemChex System is an bank network designed to prevent people who have a history of bank fraud from starting new accounts. The way banks keep tabs on this is that if you do something suspicious (bouncing checks, closing down a lot of
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