Monday, September 26, 2011

Efunds chexsystems

While eFunds plans to offer fraud prevention products to the general public, many people have criticized the company for what they consider unfair reporting. For example, while many credit rating agencies report both positive and negative storytelling, ChexSystems reports only contain negative information.

Furthermore, compared to conventional CRA, ChexSystems does not provide a result of risk analysis as a result of FICO? Thus, many consumers who have had positive banking relationships for over 30 years may have closed their accounts and blacklisted by the opening of new accounts on the basis of a single banking error.

The Greenlining Institute has published a report indicating large differences in the criteria used by banks when reporting negative ChexSystems consumer report.

Friday, September 23, 2011

ChexSystems Mini Course - Day One

Today's Topic: What is ChexSystems?

Put simply, ChexSystems is a "Credit Reporting Agency".

ChexSystems is sometimes referred to as the "fourth credit bureau". You are probably familiar with the big three credit bureaus (Experian, Equifax and Trans Union) -- they are the companies that provide the data that makes up your credit score. ChexSystems doesn't provide a credit score. Instead, they provide data and information to banks so that banks can make better decisions about who they should allow to open new bank accounts. Banks lose billions of dollars each year due to check fraud. That's why they rely on data from ChexSystems to try to identify people who have committed check fraud or had bad banking relationships in the past. The theory is that by using data from ChexSystems, banks and credit unions will avoid opening accounts for people who are likely to commit check fraud or create losses for the bank.

Most banks and credit unions use ChexSystems data to screen customers before opening new accounts. Some sources estimate that 80-90% of the banks and credit unions in the U.S.use ChexSystems data. So, if you are on their list, your choice of banks is severely limited.

ChexSystems simply reports information about you to the banks. They don't "deny" you for a checking account -- the banks are the ones who decide how to use information in your ChexSystems record to let you open (or not let you open) a checking account. The key, as we will discuss in the next few days, is making sure ChexSystems doesn't report ANY bad information about you to the banks.

The "Guide to Get Off ChexSystems" has much more information about ChexSystems and how they operate, and is required reading to figure out how to deal with them. You can still get the Guide (and enjoy our 100% guarantee!) by ordering now.

Saturday, September 17, 2011

How to Get off Chexsystems-Complete Guide

If you're like most people, the biggest problem in getting OFF the ChexSystems list is that you simply don't know where to start. This isn't surprising -- the banking system is not designed to be simple for you -- it's designed to be profitable for the big banks. They don't want to make it easy for you! As a result, there is simply no clear information for consumers on how to get off ChexSystems. For example...

Most people assume that ChexSystems has correct information. Including the banks that are turning you down for new accounts! This is a terrible assumption, and can be flat out wrong.
Do you know that some people estimate that 70-80% of the records maintained by ChexSystems have errors in them?

That's right. ChexSystems, like other companies, is not perfect. They collect millions of records of data from hundreds of thousands of reporting financial institutions each year. They are bound to make errors. The unfortunate situation with ChexSystems is that an error in your report can be devastating to you!
Do you know that ChexSystems is a "credit reporting agency" and is required by law to remove certain information from the report they have on you?

The banking system is full of little known information like this. As another example, did you know that there isn't a "ChexSystems.com" website? They simply don't want you to have easy access to information! This makes it very difficult for people in your situation. Luckily, I love helping people by revealing the secrets of the system and helping you use the secrets to your advantage. Here are some of the things you will learn...
With one simple letter, you can put the ball in ChexSystem's court to prove that certain information in your report is legitiimate. If ChexSystems can't verify the information is legitimate, they need to remove the information from your report. That's right, you can force ChexSystems to remove the information in your report that is preventing you from opening a new bank account!

Within a few hours of downloading the "Guide to Get Off Chexsystems", you'll become an expert in how to get off the ChexSystems list. Believe it or not, getting off ChexSystems is just like anything else in life...

It's Easy. Once You Know How...

I can't tell you how many people have told me "I'd love to try to get off the ChexSystems list, but I just don't know how to do it." Or, "I've seen the sample letters and tips on the Internet, but they are just too confusing."

You can do it. You just need to follow the simple steps laid out in the "Guide to Get Off ChexSystems" I love helping people like you level the playing field with the big, powerful banks. Its very rewarding. Why should the big banks have all the power? I say "give the power to the people"!

Let's face it. We've all had some banking problems in the past, but don't let it get you down. Why should a bounced check or two prevent you from getting the bank account you deserve? Or worse, why should a mistake by your old bank or ChexSystems have such a huge negative impact on your life!? Don't let these mistakes continue to affect you! Take action now. If you can read this letter than you have what it takes to learn every secret I will share with you in an exciting new home study course called the "Guide to Get Off ChexSystems".

he "Guide to Get OFF ChexSystems" contains more step-by-step, easy-to-learn, easy-to-use ChexSystems secrets than any other source. In fact, the information in the "Guide to Get OFF ChexSystems" is so powerful, we have to disclose to you upfront that it is sold for informational purposes only.

You have NOTHING to lose.

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Here's what to do next...

Simply click the Order Now Buttom at the bottom. It's as easy as that. You'll be taken to a fast and simple checkout page (you can pay with PayPal, Visa, MasterCard.... whatever). You can order 24 hours a day, 7 days a week, and get immediate and INSTANT ACCESS to the "Guide to Get Off ChexSystems" web page on this 100% safe and secure site. The Guide is delivered in a simple Adobe Acrobat document that you will have instant access to and that works regardless of whether you own a PC or a MAC. (We respect your privacy and your information will never be sold, shared or rented to a third party ... ever!)
Getting Your Copy of the "Guide to Get Off ChexSystems" is easy. Use our Secure Server by clicking the Order Now Button below. Note: this Guide usually sells for $79.95! This is the downloadable ebook version, available instantly 24 hours a day. No print course will be mailed.

Friday, September 16, 2011

What happened if listed in Chexsystems?

Frequent ask questions is what will happened if one got listed in the chexsystems list.The fast and easy way, you will not have the permission to open a new checking accounts for at least 5 years you are listed in chexsystems list.If you happened or threaten listed in the chexsystems please check what goes wrong immediately or else you will end up 5 years with no checking accounts.

You can either contact ChexSystems at 1-877-382-7226, or request your report here:
https://www.consumerdebit.com/consumerinfo/us/en/chexsystems/report/index.htm

If you confirm then, do not panic.There is still ways to solve your problems.Ever heard of non-checking banks?Some of them listed here in this chexsystems info blog, and some you may find from the search engine.Numerous website and blogs revealed which banks do not use chexsystems to verify new accounts and which banks does.All you have to do now is some searching and jot down all banks that identified as non-chexsystems banks and try to call up them for confirmation.Some also allows black listed chexsystems name to open checking account as long as they can proves that they already settle their bad credit report with evidence.

Chexsystems info:More people with credit problems

To be exact, we does not know how many people having credit problems.Chexsystems does not revealed so much information about who's on the list or how much people with credit problems to public.However, these recent trends shows that chexsystems list is on the rise.This means more people can't open a checking account because of chexsystems list .
checking-problems
The Federal Reserve often conducts analysis of consumer finance related topics to identify banking and finance trends. In early 2009, the Federal Reserve published the results of a “Survey of Consumer Finances” from 2004-2007. The Survey focused on a number of different aspects of consumer financial behavior, and one of the areas was whether consumers use checking accounts (and, if not, why they don’t use them).

Thursday, September 15, 2011

Chexsystems is not a fair systems?

Chexsystems is not always a righteous system.Many was opposed to its practices as regards report, informant whom the system does not report enough, and with the difference in the agencies of commercial information which have positive and negative information on your report/ratio of credit, Chexsystems contains only negative information. This compromises your reputation as a consumer, when you would be differently qualified to open accounts - currents.

Another problem growing that I see is services of early detection or known as Early Warning Services. More and more people are denied accounts because of EWS. The banks which never employed and always do not employ Chexsystems employ EWS now. Almost each one which was brought back to Chexsystems is also brought back to EWS.

The services of early detection is a limited liability company anonymous had by the Bank for America, BB&T Corporation, JPMorgan drive out, Wachovia, and Wells Fargo. If you can open an account with one of these banks it more than will be probably closed at a posterior time if you were brought back to EWS.

We sought bank everywhere the USA. We found bank who will open explains those brought back to the chexsystems even when ALL the others generally indicate that NO.If were brought back to you to the chexsystems, you would like to seek a bank which employs Telecheck or a report/ratio of credit in the place. If you were brought back to both chexsystems and telecheck, you would generally seek a bank which employs only one report/ratio of credit.

Some banks will employ a report/ratio of credit and will look at really the credit itself while others will employ it only for the identity. If you must choose a bank which employs only one report/ratio of credit and your credit is not large, then you would seek one of these banks. I found some bank which really does not employ the chexsystems, the tele check or a report/ratio of credit. In fact the banks only employ a valid identification.

Local banks are enumerated by each state and the options vary according to where you live. Some states have more options than others. I also have a list of banks which will independently open to an explanation no matter whom from where you can live.

ChexSystems Report-How to clear up those trails

If you can't open a checking account you might be at lost since you don't know how to pay your bills. A lot of people take for granted advantages and benefits they could get from checking account . It is easier to view,check and settle your bills online using an automatic draft. However, if you can't open a checking account there are other options available for you to choose.

Difficulty level: Average
Duration: A few weeks

Things to do:
1.Evaluate other banks and credit unions available inside your area. You may not entitle the best account at bank, but of course banks love when you are paying higher fees,they love to work with you without hesitation. You may be ask to apply for a CD as collateral for your account. Credit unions are one good choices around to work with as well. Find a good bank that will accept you to open a savings account. This will build a relationship with the bank, which lead to the business door in future.

2.If unable to find a bank or credit union willing to work with you, you have to make it the way that you pay your bills and mortgage. This time, convert it into money orders when you are paying major bills. Remember not to send cash through the mail. Money orders can be purchase from your bank, post office or through other sources. Upon paying, make sure to include your account number on every money order. Keep a ledger as a record which stated the money order number and place ,when it was purchased and what bill it paid in case it lost in mail.

3.It is a perfect time to convert into an envelope budgeting system. Do not always swap credit cards for most of your purchases. Make it cash. By using cash only you can start to discipline yourself for when you can open an account again. Your spending rate will be lower,when the money is finish then it is finish. The only way, is to budget carefully.

4.Perhaps by getting a prepaid credit card will help to make online purchases or to rent a car easily. Prepaid card do not allow you to spend exceeds the amount deposit into the card.It's like spending a cash but instead of cash,you are using a card.However, you have to pay a fee every time money deposit into the card.

Tips:
1.Start to commit a live on a budget control your finances to make sure you never in this financial situation again. Stick to the discipline and control of your spending and saving habits. Always bare in mind that it was crucial to control your finance,and avoid adding more debt on what you already have.Attacked those debts and aim for debt free situation.That may lead you to financial freedom.

Wednesday, September 14, 2011

Non chexsystems checking account at Capital Bank of North County

Some bank did not use chexsystems as their main checking account for bad records account holder.For an example,Capital Bank of North County has two branch locations, in Carlsbad.They actually uses Telecheck instead of ChexSystems e-fund upon verifying new accounts.

So, it is not the same system even though it is similar usage, which is to check account holder records.However, not all branches for Capital Bank of North Count uses Telecheck system.Most of them uses chexsystems e-fund to track previous records of people applying for accounts.So, just try it out Capital Bank of North County branches in Carlsbad.

Non chexsystems checking account -Norwest Bank

If you are in Wisconsin,or near to it, there is one bank that offers no chexsystems. Norwest Bank that located in Milwaukee reportedly offers their "Get Checking" money management class.They will for those with a negative in their ChexSystems record. They will grant an account after completion of the class. Norwest has locations throughout the state and in a good part of the country, so we'ld like to hear if this option is available elsewhere too!

Also, apparently at some Wisconsin branch locations of TCF National Bank, some account reps are eager to open new accounts and will skip the ChexSystems verification process. The branch locations at the Jewel Osco stores don't use ChexSystems at all, we're told. Also, the branch location at 5500 West Capitol Court in Milwaukee is very good! If you learn of any other branches where this happens, let us know! Also, be aware of their "funds availability" policy for new accounts. You most likely aren't going to have access to your money until two weeks after your first deposit.

Tuesday, September 13, 2011

Non chexsystems checking account -Frost National Bank

For those who still looking for Non chexsystems checking account, you might consider for Frost National Bank.This bank reported has been willing to open an account for those with a negative ChexSystems record.That's what we heard and read.But to make sure it is still valid, you might want to check it out for yourself then.

However, there is something you need to do.Even though Frost National bank comes with Non chexsystems checking account, they only approve if you can provide a letter from the institution that reported stating that you owe no money to that institution. The account is called Frost Direct and comes with a Visa CheckCard.Sounds promising right?However, when it come to chexsystems,banks always changes their rules and policies time to time.You need to be hurry and try go for it.We need to hear of more experiences good or bad with them.Do response here if anyone had go for Non chexsystems checking account with Frost National Bank bank accounts!

Non chexsystems checking account

Some searches is looking for Chex systems some checksystems, but actually they are looking for chexsystems.But no matter what keywords they used inside the search engine, their purpose is one.If you are new to this chexsystems info, you might need to bookmark this blog first.Chexsystems info will be updating a list of non chexsystems checking account which means a no chexsystems banks used by the bank.I will update time to time list of non chexsystems banks available for you.Upon information published, then you can gather it and choose the best banks to go for a bank accounts opening.

Chexsystems e-fund is a headache for some people.Simply because some of them had bad records on their credit report.So, by listing out a list of non chexsystems checking account , it might help those in needs to deal with banks.Their records is save and unquestionable whenever there is no chexsystems checking account implement to those banks i will update here in this list of non chexsystems info blog.Hope this might help people out there to deal with chexsystems checking account problems.

Monday, September 12, 2011

Banks that do not use chexsystems-Complete list part 2

There was a lot of searches on  free list of banks that don't use chexsytems.I've got it guys, they were actually trying to get a hold on a free list of Chexsystems banks that actually do not use chexsytems in their bank. Here are some of the bank in the United States that  doesn't use chexsystems. This is a free list of Banks that don't use chexsytems in Massachusetts.

Massachusetts
Bank Of New Hampshire

Some banks in Massachusetts that we have been told do not use chexsystems. If, you know of a bank that we have listed that does use chexsystems please email me. If you know of a bank in Massachusetts that doesn't use chexsystems and we don't have it listed please let us know so we can list it here for others. Thank you.

Hope this will help people out there!

Banks that do not use chexsystems-Complete list

Some people do try searching for banks that do not use chexsystems.It simply because it was easy to verify new accounts or accomodate in some way for those who own a negative or bad ChexSystems report.If you choose to switch than fight, here I list banks that do not use chexsystems and credit unions which either do not use ChexSystems at all for verifying new accounts or accommodate those with a negative ChexSystems report. It is not a complete list, but there will be update on the banks that do not use chexsystems from time to time from Chexsystems info blog.So stay tune and keep coming back here!

Ok, here some of the list i'm bragging about just now, Banks that do not use chexsystems complete list.
  • Marketplace Bank is our new favorite. Reportedly they verify new accounts using your Equifax credit report instead of ChexSystems -- at least for online applications. And no matter what your Equifax report looks like, you can always open an account should you also buy a $500.00 CD. Grade: B (preliminary -- we need to hear of more experiences good or bad with them!)"Order your own checks for your NetBank account otherwise they will use Deluxe Check Printers, a sister company of ChexSystems." width="35" height="24" align="right" /> NetBank apparently has seen the light! They now are granting accounts to people regardless of a negative or two in their ChexSystems record. They do verify new accounts using ChexSystems but they grant an account to many even if there are negatives filed with ChexSystems. Apparently you can also use a credit card to make the initial deposit to fund your account. NetBank acquired CompuBank's customers recently but hopefully this won't affect NetBank negatively. Grade: A-

    Order your own checks for your RBC Centura account otherwise they will use Deluxe Check Printers, a sister company of ChexSystems." width="35" height="24" align="right" /> RBC Centura (formerly SFNB, Security First Network Bank) uses your BEACON score from your Equifax credit profile instead of a ChexSystems report for verifying new accounts. Grade: B+ . Order your own checks for your TD Waterhouse account otherwise they will use Deluxe Check Printers, a sister company of ChexSystems." width="35" height="24" align="right" /> TD Waterhouse Online Bank went from being our most admired to landing near the last-choice as they now are refusing accounts. Here's a tip that apparently still works: Open an IRA account, which you can do with as little as $50 or less, perhaps. Then, after a week or so, you will be able to open a checking account with them. As a brokerage customer, you also will be able to avoid the monthly service charge on the checking account. The regular mutual fund accounts with TD Waterhouse however have a $1,000 initial deposit requirement. Make sure you understand that your opening deposit may not come back right away should you be denied an account. Grade: C-.

  • Frost National Bank has been willing to open an account for those with a negative ChexSystems record if they can provide a letter from the institution that reported them stating that they owe no money to that institution. The account is called Frost Direct and comes with a Visa CheckCard. Grade: B (preliminary -- we need to hear of more experiences good or bad with them!)

  • USAA reportedly will accomodate those with a negative ChexSystems record. Grade: ? (we need more feedback either way on them.)

  • nBank.com reportedly verifies new accounts using your Equifax credit report instead of ChexSystems. Grade: C (preliminary -- we need to hear of more experiences good or bad with them!)

  • Clarity Bank reportedly verifies new accounts using your Equifax credit report instead of ChexSystems. Grade: B (preliminary -- we need to hear of more experiences good or bad with them!)

  • Officials at Wescom Credit Union claim that they verify all new accounts with ChexSystems however we hear otherwise. Several people who have negative ChexSystems reports and were unable to open an account elsewhere found success when trying to open a savings account or a direct-deposit checking account with Wescom. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. As a credit union, those eligible for membership are employees or their immediate family members who work at any company from this list of companies. See our Credit Union tips for more information. Deposits and withdrawals can be made at any Credit Union Service Center location across the country. Let us know whether or not Wescom was able to accomodate you. Grade: B+.

  • Skylight Bank (formerly DBC Financial) offers their $6.95 per-month Stratus Card to anyone who has Direct Deposit, regardless of their ChexSystems record. Unfortunately there is a $19.95 sign-up fee. You'll receive an ATM card for cash withdrawals and debit card transactions. Grade: C- (Since everyone is approved we would like to give them a higher grade but we cannot due to the high per-month charge.) They haven't been impressing the feds lately either.

  • Western Union offers their $10 per month Cash Card, which allows you to withdraw at ATMs and Western Union Agent Locations. Deposits also can be made at these agent locations, as well as by direct deposit. Grade: C- (because sign-up takes several weeks and because of the high per-month charge.)

  • Bank Caroline considers Equifax in addition to ChexSystems when verifying new accounts. Minor ChexSystems incidents which have been paid off and minor credit problems don't seem to hurt your chances of getting an account. One caution, a single overdraft on this account will cause the ATM/Visa Check card to be disabled for 30 to 60 days. Grade: B

  • American Express Membership B@nking does verify new accounts with ChexSystems as well as perform a credit check. But a good credit report often will override a negative from your ChexSystems report. (Incidentally, a good ChexSystems report probably won't override a bad credit report.) [FYI: We've had reports that if they do deny your application, they are slow to return your initial deposit -- as long as four weeks has been reported.] Grade: C (preliminary -- we need to hear of more experiences good or bad with them!)

  • Person to person services such as Paypal and Yahoo! PayDirect can be quite useful alternatives to checking accounts. These services allow you to send payments through e-mail with funds drawn against your balance with the service or from your credit card. Since these are not traditional checking accounts, there is no verification with ChexSystems, Telecheck, Equifax, or any other credit reporting network. A credit card is required to register for Yahoo! PayDirect and PayMe.com, and with PayPal.com, you can register with a credit card or with either an existing savings or checking account. Additionally, PayPal announced plans to offer a debit card for providing access to the funds in your PayPal account.

  • Internet banks to avoid because of their policy of refusing new accounts based solely on ChexSystems data includes eBank.com, BankDirect.com, USABancshares.com, PCBanker.com, VirtualBank.com, and First Internet Bank of Indiana. Grade: F (They might be great online banks but we cannot give any of them a passing grade due to their ChexSystems policy.)

    As far as the company Consumer Resources: It is reportedly a scam. Same for FIRS.INFO.

    BankRate.com provides a list of Internet Banks. We'd like to hear of your experiences (positive or negative) with any of them to help us determine which ones to recommend.

    If you have the funds, you might want to consider opening a money market fund or brokerage account and get checking, savings, ATM, and VISA Check Card services with that account. See our Recommendation #15 for details and lists of where your money is welcome.

    State By State Listings

    In Alabama, Compass Bank verifies new accounts using TeleCheck instead of ChexSystems.

    Fedapostal Federal Credit Union, which has locations in Andalusia and Dothan, does not verify new accounts with ChexSystems. See our

    Suntrust Bank (formerly Crestar) reportedly verifies new accounts using Telecheck instead of ChexSystems.


    In Arizona, Desert Schools Federal Credit Union has some branch locations which use Equifax instead of ChexSystems to verify new accounts. At the branch locations which use Equifax, your credit will determine what type of account you are eligible for. At the branch locations which use ChexSystems, you might try requesting a savings-only account instead as aparently Equifax is used for savings-only account verifications. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. If you learn which branches use which agency, let us know so that we can post that information here. See our Credit Union tips for more information.

    Compass Bank which bought Arizona Bank) verifies new accounts using TeleCheck instead of ChexSystems.

    DM Federal Credit Union with branch locations in Phoenix and Tucson was reported as to be not using ChexSystems. See our Credit Union tips for more information.

    Arizona Federal Credit Union with branch locations in and around Phoenix and Tucson was reported as to be not using ChexSystems when you open a savings/ATM-only account. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. See our Credit Union tips for more information.

    The Armed Forces Bank serves military and civilian customers, and appears to be willing to accomodate some people with a negative ChexSystems record. Branch locations can be found at Fort Huachuca, Luke AFB, and Yuma and also out-of-state.


    In Arkansas, Superior Federal does use ChexSystems, but reportedly will accomodate those with a negative in their ChexSystems record. The Baseline Road branch location is more strict than their others, however.

    In Little Rock, Member Service Federal Credit Union apparently does not use ChexSystems in verifying new accounts. See our Credit Union tips for more information.

    United Arkansas Federal Credit Union (501) 565-8500, apparently does not use ChexSystems. See our Credit Union tipsfor more information.

    Arvest Bank reportedly will consider those with a negative ChexSystems record on a case-by-case basis.

    Bank of the Ozarks reportedly will overlook a negative ChexSystems record. May not be all branches that do this though, so let us know which ones do and which ones don't.

    The Bank Of America branch locations in the Hot Springs area supposedly still use the practices from their previous lives as non-B Of A banks, and thus are not yet verifying new accounts through ChexSystems.


    In California, Technology Credit Union in Mountain View, Milpitas, San Jose, and Sunnyvale reportedly will overlook negatives in your ChexSystems record as long as you have a letter from the reporting bank or other proof that "all items owed have been paid". See our Credit Union tips for more information.

    Golden1 Credit Union has branch locations throughout the state and reportedly is willing to overlook a negative incident listed with ChexSystems. As a credit union, you must be eligible for membership -- but anyone who lives or works in one of these counties or works at one of these companies is eligible. See our Credit Union tipsfor more information.

    Bay Cities Federal Credit Union, in San Leandro and Hayward reportedly will only look at the past two years of your ChexSystems history. Additionally, they will grant savings-only accounts regardless of what your ChexSystems record looks like. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. Call (510) 881-8866 for directions to either location.

    San Mateo Credit Union will open a savings account regardless of your regardless of their ChexSystems record. As a credit union, you must be eligible for membership -- but anyone who lives, works or worships in San Mateo County qualifies. See our PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions.

    The Bank Of Santa Clara even wrote us insisting that they do use ChexSystems and will not open accounts for those with a negative however there apparently are several sympathetic account reps who will open an account for you as long as you can show that the incident has been paid up.

    San Francisco Federal Credit Union will reportedly grant a savings-only account to anyone, regardless of their ChexSystems history. As a credit union, you must be eligible for membership to join -- but apparently anyone who lives, works or worships in San Francisco qualifies. See our Credit Union tips for more information. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions.

    Safeway Select Bank, which has branch locations in San Jose, Modesto and Gilroy, reportedly is accomodating to those with a negative ChexSystems record.

    Some branches of US Bank might open an account for you if the incident reported is more than one year old, was not reported by one of their banks, and you have proof that you paid the incident. They can be reached at 1-800-872-2657. The branch locations in Downey, Bellflower, Walnut Creek and Modesto have accomodated people with a negative in their ChexSystems record. Perhaps this criteria will work at other US Bank locations. Please let us know!

    Broadway Federal Bank, has eight branch locations in Los Angeles and will reportedly open a savings-only account for you as long as you can show proof that the incident with ChexSystems has been paid. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions.

    Union Bank of California reportedly offers savings accounts regardless of your ChexSystems history. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. Additionally, applications filed online from their website are often approved for a checking account even though the same applicant would be denied at a walk-in branch.

    Bank of America reportedly has changed their ChexSystems policies and are much more accomodating now.

    Downey Savings reportedly will ignore any incident on your ChexSystems record that are more than three years old.

    In Northridge, Matadors Federal Credit Union will open savings-only accounts regardless of your ChexSystems record. Their membership eligibility includes students and faculty of CSU Northridge. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. See our Credit Union tips for more information.

    First Entertainment Credit Union serves employees and their families of the entertainment industry. The list of member employers totals 600 different companies. See our Credit Union tips for more information. This institution will grant ATM Savings Accounts for consumers with a negative ChexSystems record but requires written proof that the incident has been paid up and then also charges $4.50 per month for the account. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. Branch locations in Burbank, Hollywood, Santa Monica and Culver City.

    WestOne Federal Credit Union in Pleasonton and Concord will accomodate those with a negative in their ChexSystems record. See our Credit Union tips for more information.

    Wescom Credit Union officials claim that they verify all new accounts with ChexSystems however we hear otherwise. Several people who have negative ChexSystems reports and were unable to open an account elsewhere found success when trying to open a savings account or a direct-deposit checking account with Wescom. (The Tustin branch is reported to be strict, however.) With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. As a credit union, membership is limited to residence in Los Angeles, Orange, or San Bernadino counties and to employees and their families of any of these employers Credit Union tips for more information. Deposits and withdrawals can be made at any Credit Union Service Center location across the country. Let us know whether or not Wescom was able to accomodate you.

    In downtown San Bernardino is reportedly a renegade branch of Washington Mutual where our tipster says they are overriding ChexSystems when an incident is more than a year old and you have a letter from the reporting bank or other proof that "all items owed have been paid."

    The March Community Credit Union in Moreno Valley will allow those with a ChexSystems record to open savings-only accounts. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. See our Credit Union tips for more information.

    The Orange County Teachers Federal Credit Union will allow savings-only accounts regardless of what is in your ChexSystems report. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. See our Credit Union tips for more information.

    The California Credit Union (formerly known as Teachers Credit Union) offers to those who don't qualify for standard account a special savings account. With a savings account you can use services such as PayPal which use EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) transactions. The savings account requires a $500 minimum deposit however after six months you can open a checking account.

    Orange County Federal Credit Union does verify new accounts but some branch locations (the Lake Forest branch, for example) is willing to consider your application on a case-by-case basis.




    Sunday, September 11, 2011

    ChexSystems in the eyes of American

    Ask the average American who or what ”ChexSystems” is, and you’ll get a blank stare. The unlucky people who do know about ChexSystems are usually painfully aware of how severely it can affect their lives. If you are on ChexSystems’ list, you have probably experienced the pain and frustration of not being able to open a new bank account, write checks, or use an ATM card (the core banking conveniences that everyone seems to take for granted). Unfortunately, millions of Americans are on (or have been on) the list, and are unable to enjoy these banking conveniences.

    If you are on the list, it is important for you to know what ChexSystems is (and what they are not). ChexSystems is not a bank or a financial institution. Instead, they are a large consumer reporting agency (CRA) that maintains a nationwide database of banking customers who have been reported for writing bad checks, defrauding banks, having unpaid bank debts, or having too many “non-sufficient funds” (NSF) items. ChexSystems is owned by a large publicly traded company, eFunds, Inc. ChexSystems tries to (and has succeeded!) keep a low public profile. They don’t have a company Web site, and it is relatively difficult to find information about them.

    Like the other large CRA’s (such as Experian and TransUnion), ChexSystems tries to distance itself from the problems it causes, claiming that it is simply a provider of information, and that it is the banks who use ChexSystems’ data who are the bad guys for turning customers down for new bank accounts. ChexSystems’ marketing materials claim that the company has no responsibility for the decisions banks make, stating that “ChexSystems neither approves nor declines accounts for banks and credit unions. The decision is entirely up to them.”

    This is a convenient position to take. However, the fact is that ChexSystems (like the other CRAs) is not perfect. They make mistakes and errors can find their way into consumer’s records. The problem is that an error in a ChexSystem record has a severe and dramatic impact on a consumer. Even a simple error in a consumer’s banking history can prevent that customer from opening a new bank account (or could even result in the customer having their current banking relationship terminated!). That is a LOT of power for a CRA to have.

    Other consumer’s find out that their banking record has been ruined as a result of identity theft. For example, a common scheme for some identity thieves is to open a bank account under someone else’s name, using a stolen social security number, and then take out a payday loan or two using the assumed identity. The funds are then withdrawn from the account, and the account is abandoned, eventually resulting in an account closure or NSFs. Unfortunately, the person whose identity was stolen now ends up on ChexSystem’s list. Unless you take steps to clear this situation up, you will be stuck on ChexSystems’ list (even worse, you’ll be stuck there for five years or more!).

    As a consumer, if you have been informed that you have a bad mark in your ChexSystems’ file, you need to act quickly to try to resolve it. Unfortunately, ChexSystems doesn’t make it easy for you to clear up a bad mark (even if it is clearly in error).
    Lots of people have never heard of ChexSystems until they have some banking problems. Then, you may be told the bad news that your bank account is being closed because you are on a list maintained by a company called “ChexSystems”. Then you need to find out: What is ChexSystems?

    Non chexsystems banks

    A lot of searches on Non Chexsystems Banks.I know some website and portal that provides free service to know a list of Non Chexsystems Banks available out there.

    It would be easy if there is an easy way to have a Free Non Chexsystems Banks online.You just have to search for keywords"Free Non Chexsystems Banks" or Non Chexsystems Banks" using search engine and you will find a lot of choices. All things needed is to have an ID ready (state ID, Drivers License etc.,) for the Patriot Act Verification.

    Some Non Chexsystems Banks , even did not required credit checks, no chexsytems checks. Guaranteed Approval. Free MasterCard Debit Card, Routing Number, Account Number. You can direct deposit your paycheck, Social Security, Taxes & everything and anything that has direct deposit.It depends on the banks itself.So, what to wait for?Go and search for Free Non Chexsystems Banks online.

    Saturday, September 10, 2011

    Chexsystems Inc Company

    For those of you Americans who don't really know about Chexsystems Inc company, then here it is some info about the e-funds system that used to detect people bank record card.

    Company name : Chexsystems Inc

    Company address:
    * 12388 Warwick Blvd Ste 301D
    * Newport News, VA 23606
    Website : www.chexsystemssolutions.com

    Annual Revenue: N/A

    About Chexsystems Inc

    ChexSystems (often misspelled as Check Systems) is a membership service used in the banking industry. The members consist of Banks and Credit Unions. Chexsystems Inc. provides its members with what it calls deposit account verification services. The members use the information the company provides to identify applicants that have had what they classify as a suspect banking history.

    ChexSystems:What actually ChexSystems?

    What actually ChexSystems?According to  Wikipedia, ChexSystems is a check verification service and consumer credit reporting agency (a US credit bureau or UK credit reference agency ) such as Experian, Equifax and TransUnion.Paydex score from Dun and Bradstreet and the Experian Intelliscore also synonyms with ChexSystems which i can check and verify yourCommercial credit reports and scoring .However there was also still a non chexsystems among banks.ChexSystems was also known as eFunds' ChexSystems.

    ChexSystems basically provides data related to how a consumer has handled deposit accounts at banking institutions.As for now almost 80% of all commercial banks and credit unions in the United States uses ChexSystems.

    It was reported by eFunds ChexSystems that their services are used in 9,000 banks, including over 100,000 individual bank branches in the United States. There were many types of ChexSystems products offered by eFunds which is DebitBureau, DebitReport, FraudFinder, Identity Theft, ID Verification, ICMS, ProspectChex, QualiFile, and Transaction Monitoring.It was a very useful system for consumer checking or savings account application process which is vital on verifying credit relationships status.