Having a bank account today is a dire need of every one, but maintaining it is equally important or else you will end up getting in the list of ChexSystems and you will be searching for the bank that do not use ChexSystems.
A no ChexSystems checking account is the finest way to begin with some new bank account. Every year, there are a lot of people who are placed onto the ChexSystems list that is used by all of the major banks. This system prevents people from opening a new checking account at the bank that uses this list. It is unfortunate because of the excessive fees that banks charge to the people. When that person’s account goes into the negative and he or she cannot pay it back, then he or she will get his or her name included on the ChexSystems list and he or she will be prevented from opening a new checking account at a different bank.
Although there is that big downside of the negative things on the list, there are still banks out there that do not use ChexSystems. There are banks out there that know that people have had problems in the past, but they understand how things can be very hard to handle sometimes. In case you try to get an account with a standard bank that uses ChexSystems, it will check the list to see if your name is on it, and when they do see your name on it they will reject you.
Not having a checking account can be very hard thing in today’s world. One option they might give you is to open a secured credit card, but it means that you have to put down a lot of money to secure it, and you still have to pay the interest on it and the interest is not low either. So the best way to get through this ordeal is to get a non- ChexSystems checking account. In this way, you will be able to write the checks again and use your debit card.
When you get your second chance at having a fresh checking account, you need to make sure that you handle it with care. You also make sure that you write down all the transactions that go through your checking account, so it does not go into the negative condition anymore. Making sure your account stays in good standing will not only keep you in good relations with your bank, but it will teach you to manage your money in a much better way as well.
We all know that bank fees and rules can be a little ridiculous, but we have to live with them. Making sure that your account stays in the green will also mean that you will not have to pay any more non-sufficient funds fees. It is easy to say that everyone except the banks hate those fees. A no ChexSystems checking account is going to be the fastest way of getting a new checking account. So if you have been having trouble getting a new bank account, the first thing you should be doing is looking for a bank that does not use ChexSystems.
Here you can see that there is a solution to every problem if you try hard enough to find it and at the end of the day, you will have you issues resolved to your satisfaction. In USA, every state has some particular banks that are non-ChexSystems.