By If you are looking for banks without ChexSystems, you are probably having a problem getting a normal bank account. I find that non-ChexSystems banks are better than normal bank accounts and you can do all your banking transactions online while you will never need to worry about over-drafting your account. You can even setup online bill pay and direct deposit. You get all the benefits of a normal bank account without any of the hassles.
If you are on ChexSystems, it will be in your best interest to get yourself off of their list and this can be done in several different ways. You can pay the debt that you have been reported as owing and dispute a claim against you on ChexSystems. If the bank that reported you doesn’t respond to the claim in a timely manner, they will remove the debt. However, if they do respond, you might not be able to get the debt removed without paying it. The last option is to just let it drop off. After five years, you debt will no longer be listed on ChexSystems.
Finding banks without ChexSystemsis not very hard, but you need to know what to look for. You are going to look for an online bank as you may not find a non-ChexSystems bank locally. If by chance you do find a bank that will approve you for an account locally, chances are they will run a ChexSystems report on you later. Some banks will even hold funds in your account for so many days before releasing them to you. This is why it is important to find a non-ChexSystems bank online. You will also want to pay attention to other things like fees being charged. Banks without ChexSystems tend to charge a monthly fee. This is alright because the other ones that do not charge a monthly fee will have hidden charges that you do not know about. It could be charges when you use ATM card.
The best one allow you to sign up for free, and this is what you need to look for in a non-ChexSystems bank. If the company will not let you sign up for free, it may be hiding something from you. If it does not have a page that clearly lays out all fees involved with the account, it is probably hiding something. These are just a few of the things to look for and should study about the bank before paying it any money to have an account.
Finding banks without ChexSystems is a serious task. Remember you will be using them for quite some time, and you want to make sure they are reliable. You also make sure they are cost efficient for what you need the account for. Just keep these things in mind when looking for a bank without ChexSystems.
The regular banks and credit unions offer second chance checking accounts, but you might like using a credit union better than a traditional bank. Although you might not think that you could get a bank account with a credit union, they are actually pretty easy to join depending on the bank. You will be able to qualify for a credit union, although not all of them, by just merely living in the same city. Some of them will let you join if you work for a certain employer. Either way, it is usually not that hard to join a credit union and get a second chance checking account.
Although your first preference is to get a new bank account with a bank that is close to where you live, it might not always be the case for your situation. You might have to end up getting a bank account with a bank that is either not close to you or is an online account. Considering the benefits of having a checking account, it is worth it to get a checking account from a bank that is not close to you. You could simply put money into your account by setting up a direct deposit, and some banks will either have a large number of free ATMs you could withdraw money from, or they could give you a free refund, but not all of them will offer that kind of service. If you are in need of a new bank account, try to find a bank that has a second chance checking account.
