Before approving you for a credit card, issuers look at your credit score, as developed by at least one of the three major rating companies. The process is similar when you apply to open a checking account, only the reporting agency in question is ChexSystems. This company helps banks and credit unions identify potentially risky customers by issuing reports that contain an individual’s past transgressions, like failing to pay a fee that’s owed to a bank or credit union on an account.
Blacklisted By Chexsystems? Here’s What To Do
Tony Armstrong, NerdWallet.com
Thu, 03/12/2015 - 3:39pm
Topics: consumer scores included credit builders alliance avoiding maintaining rob drury association christian financial advisors act paula langguth ryan bounce back from bankruptcy guide getting back your financial feet immediately it if tony armstrong twitter google+ image chexsystems financial drury drury blacklisted account company reports checking unions fees banks report negative risk overdrafts institutions union institution information helps bounced open data years customers paid checks problems good savings history paying reporting assess previous accounts year owe check chance
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