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Author: Ben Todd

10 Banks That Do Not Use ChexSystems (2017 Edition)

ChexSystems, a company you’ve probably never heard about until you find your name in it. Then a nightmare begins where you are ousted from the banking system. Existing bank accounts are suddenly closed by your bank. Attempts at opening a new bank account at various national and local banks result in flat out rejections. Welcome to the wonderful world of ChexSystems. Most banks in the US use ChexSytems to screen new clients. It’s like having horrible credit, except while credit affects only your ability to secure credit products, a bad ChexSystems record affects your very ability to live. Without...

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