Chexsystems is a reporting agency that is comprised of all the major financial institutions. All of the institutions report back to check systems with information on checking and savings accounts. Once you have been reported to Chexsystems, it Can be very hard to open a bank account.
The easiest way to get a bank account after you have been reported to ChexSystems is to find a good online bank. There are a few online banks that you can easily set up a bank account with. Nowadays it is very hard to get by without having a bank account. Listed below is a great bank that you can easily set up an account with. It’s free to sign up for, and there are no undisclosed fees.
Lets face it most of us at one point in time have had a hard time managing money, let alone a bank account. Did you know there are more for closures and car repos in today’s market than any other time in history. Its not just because there are a lot of people, its because people don’twant to take responsibility for their own actions. They want to spend spend amd spend without worrying about how to pay for it. Its not like a few people are doing this it is thousands if not millions that have been doing this. This is the reason you need a non chexsystem bank. You may know know that you can spens spends spend, but your credit history doesn’t. Even then what happens if you feel that absolute need need to spend some more? If you don’t have a non chexsystem bank you are going to be even worse off than you have ever been. This is your life and you must live with yourself for ever so make sure you get your stuff together and do the right thing by using a non chexsystem bank account. Once you have everything in order then go for a traditional bank account. This has saved my financial freedom.