Recent Posts

Second Chance Banking Near Me

Second chance banking near is available in every state

It’s not a given that anyone can open a regular checking account. About 7.7% of American households, or almost 17 million people, are unbanked, and part of the reason involves having bad credit or poor banking histories. Making mistakes with a bank account, such as not paying overdraft fees, can …

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The Best No Credit Check Bank Account

No credit check bank account

If you’ve ever been denied a checking account because of bad credit or problems with ChexSystems or Telecheck, you know how difficult and frustrating it can be. There are a few small banks and credit unions that offer second chance checking accounts, but they’re hard to find and usually charge …

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What Is Second Chance Checking?

Second chance banking offers many benefits including mobile online banking tools

Second chance checking is an option for consumers who have been denied a traditional checking account because of a troubled banking history. Everyone Needs a Checking Account It’s tough to navigate today’s world without a checking account. When you don’t have a checking account, it can be harder and in …

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The Best Second Chance Banks in the U.S.

Banking and mobile deposits are easy when you know where to find the best second chance banks

It’s not a given that anyone can open a regular checking account. About 7.7% of American households, or almost 17 million people, are unbanked, and part of the reason involves having bad credit or poor banking histories. Making mistakes with a bank account, such as not paying overdraft fees, can …

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What is ChexSystems?

If you're on ChexSystems, you'll have a hard time writing checks to pay for goods and services

Most consumers aren’t familiar with ChexSystems until they’re denied a new bank account or a merchant declines to accept their check. Briefly, ChexSystems is a consumer reporting agency (CRA) that tracks your checking and savings account activity. It’s similar to credit reporting agencies Equifax, Experian and TransUnion, which collect data …

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How To Order A Free ChexSystems Report

Getting access to your ChexSystems report is the first step to financial recovery

Under the Fair Credit Reporting Act (FCRA), you are entitled to a free copy of your report once every 12 months or if you’ve been rejected by a bank in the past 60 days. ChexSystems is not required to provide a free copy of your score, however, so while you …

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Finding A Bank When You Have A Bad ChexSystems Report

Opening a bank account while on ChexSystems makes everyone happy

It can seem hopeless when you have been issued a negative score from ChexSystems. It makes getting a checking account incredibly challenging if not impossible. Fortunately, we have done the legwork for you by maintaining a list of banks which DO NOT use ChexSystems. Best Checking Account of 2019 BBVA Compass …

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Why Was I Reported To ChexSystems?

You are only aware of being reported to ChexSystems once a bank denies your checking account application

Consumers in ChexSystems may not be aware what landed them in the consumer reporting agency. ChexSystems records remain in consumer files for five years. Although negative information in ChexSystems can be disputed, there is no guarantee the dispute will get the item removed from ChexSystems. It is best to avoid …

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How To Dispute Information On ChexSystems

Banks that deny your bank account application use ChexSystems

If you were denied a bank account — or if a retail business refused your check — because of your negative banking history, don’t lament the rejection right away. You may simply be the victim of inaccurate information being relayed to ChexSystems, the consumer reporting agency that keeps tabs on …

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What Is ‘EWS’ (Early Warning Services)?

Early Warning Services can create headaches for consumers

You probably already know about the credit bureaus – the organizations that report credit scores. So you know the credit bureaus collect and share private credit information about you. You might not know about an entirely separate organization that also collects and shares information about you. It’s called Early Warning …

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What Is Telecheck?

Everything you need to know about Telecheck

You’ve spent the last hour navigating the grocery store, filling your cart with the items your family needs for the next couple of weeks. Weary, and ready to go home, you make your way to the register to check out. The cashier scans all your items and shows you the …

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How To Dispute Telecheck

Disputing Telecheck is a major step toward financial freedom

If you’re a merchant worried about being defrauded by bad-check writers or identity thieves, you can get help from check-verification companies, which can reduce (though not eliminate) the chances you’ll sell to a customer whose check is no good. Problem is, if you’re an honest customer seeking to do business …

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How to Open a Checking Account

Opening a checking account is easy when you have the right information

A checking account is an essential personal finance tool. We’ll show you how to open a checking account and explain everything you need to do it. Choose the Right Checking Account Opening a checking account is a fast, easy process. You can often do it online without even having to …

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What Is A Checking Account?

Having a checking account and learning how to use it is critical for financial stability

A checking account is a secure place to store your money and a convenient place from which to pay your bills. If you are looking to open a checking account, we’ll tell you everything you need to know. Using a Checking Account A checking account has several uses. You can …

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4 Reasons To Have A Checking Account

Bank teller giving consumer cash is another reason to have a bank account

Did you know that 17 million Americans don’t have a checking account? There are a number of reasons for this, including a general distrust of financial institutions. Another contributing factor this this number is that some people have had made poor choices about their money and are unable to get …

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