If a person has an account under age 18, they can be reported to Chex systems if they default. If they are co listed with someone else, both parties will be reported.
Yes it is under the FCRA
Negative entries on Chex System remain for 5 years from the time of reporting.
As long as the bank that has the hold hasn't reported you to chex systems.
Five years from the closure date.
Yes, Chex Systems is in Canada. It is owned and operated by Fidelity National Information Services. They provide information about deposit accounts.
No, if anything bankruptcy is information that will add to any form of credit/background or information report. Nothing "comes out"...although some of the items on Chex may be effected, that effect/result would likely be reported. Basically, you live with the past you create and that is what is should be reported.
Chex System is only a reporting agency. They do not have the ability to close an account. If an account is closed it is up to the discretion of the financial institution who issued the account to you.
yes it can. Sometimes it is reported to the credit bureaus as well
Chex mix
Try TCF
5 years
Some things that may cause you to get listed on Chexsystems are: NSF, account abuse, fraud, and bad checks.