10 Separate Bank Accounts That You Should Have
A bank account is noted as one of the safest places to store your money. It helps us to keep track of our currency, and limit's the risk of loss or theft. Many of us have several bank accounts with different banking institutions.
How to Prevent and Unfreeze a Frozen Checking Account
When a checking account is seized for an unpaid debt, the money it contains will be frozen and no longer available for use. This can put a consumer in an extremely difficult financial situation as he will not longer have access to his cash deposits or direct deposits contained within his bank account - resulting in an inability to pay bills and make purchases.
What is ChexSystems Scoring?
If you have had trouble trying to open a bank account recently, there is a good chance that it is because you have been listed in ChexSystems. ChexSystems is a credit reporting and check verification service which around 80% of banks in the US use to screen customers looking to open accounts.
How to Dispute (Remove) ChexSystems
You found out you were listed in ChexSystems when you went to open a bank account and the employee told you, “Sorry, we can’t do that. You are in ChexSystems.”
How to Order Your ChexSystems Report
“We are sorry, but we cannot open an account for you at our banking institution. You will need to look elsewhere for banking services, because you are listed in ChexSystems.”
Get Out of ChexSystems - Legal, Fast and Free Removal of Bank Debt
If your name appears in the ChexSystems database, you’ll have a considerable problem opening up a new bank account. The vast majority of banks pull a ChexSystems report prior to allowing consumers to open up new checking or savings accounts. These reports disappear from the system after five years, but you can dispute the accuracy of your banking record in order to get out of ChexSystems and free up your banking options.
A Guide To TeleCheck
Telecheck is a service that is used by merchant and retailers that accept checks as a form of payment from their customers. Telecheck offers the retailers a safe and secure way to accept checks by converting the paper checks into an electronic transaction. With Telecheck accepting a check is just as easy as accepting a credit card and it is just as safe.
What is ChexSystems?
Most consumers never hear of ChexSystems until the day it gets in their way. You try to open an account at a new bank or credit union, only to be told that you cannot do so. The reason? You are listed in ChexSystems.