ChexSystems tracks negative banking history for up to five years and is used by over 90% of U.S. banks and credit unions to screen new accounts. You can get a free ChexSystems report annually and ...

Take a Financial Relief Quiz. Get matched with an Authorized Partner. If your application to open a bank account was denied, you might want to check your ChexSystems report, which is a record of your ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing. Ben ...

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Financial institutions review ChexSystems reports before they open bank accounts for new customers. ChexSystems reports show negative banking history, so if you had – or currently have – accounts that ...

If you've had banking problems, ChexSystems will alert other banks about them for up to five years. Opening new accounts could be tough. Prepaid cards or second-chance checking could help. Many, or ...

James McClenathen is a full-time Managing Editor and Personal Finance Writer at Motley Fool Money, overseeing the production and quality of editorial content while also writing about credit cards, ...

If you’re restricted by a ChexSystems record, you might look into getting a second chance checking account, especially if you’re looking for an account with a local bank or credit union. These ...

If you've ever been denied a bank account, it is likely because of negative actions in your ChexSystems report. ChexSystems is a consumer reporting agency that collects information on the opening and ...

ChexSystems is a consumer reporting agency that runs reports on your savings and checking account history. It is commonly used by banks and credit unions to screen applicants before approving new ...