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Chexsystems will remove all records after 5 years. In order to be removed prior to this time, you must file a dispute with chexsystems. There is no guarantee for removal but many have been able to be removed by filing a dispute.
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∙ 13y ago
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Does chex systems remove you from their records five years from the date reported or the closure date?
Five years from the closure date.
If this is the case then will it disappear from chex systems after 5 years?
Entries posted in Chex Systems can stay up to 5 years. After 5 years, the entries will disappear from the record.
Can the Chex system keep records on you for more than five years?
To dispute write to:Mail: Chex Systems, Inc.7805 Hudson Road, Suite 100Woodbury, MN 55125 Phone: By phone at 800-428-9623 or fax at 602-659-2197
What type of products does the company Chex Systems provide?
Chex Systems is a eFunds cheque verification service and consumer credit reporting agency. Chex Systems provides data related to how the consumer handled their deposit accounts.
Can your bank account be closed if you've had the account for 6 months and you've just been reported on the Chex Systems?
possible. After my five years with chex systems passed, I opened a checking account and the bank closed it after two months due to my chex systems record. They froze it and then closed it without notice to me. I found out when the ATM card quit working. I then had to get Chex systems to write a letter to them because my record should have been gone after five years, but that did not help me get my account back. Yes, if the account holder resides in a state where the banking laws allow the action without due process of law.
How do you get negative information that has been on Chex Systems more than seven years removed?
Chexsystems agrees to remove all reports after 5 years. If you have a report that is older than that, you can simply write them a letter requesting removal and they will do so. To dispute write to:Mail: Chex Systems, Inc.7805 Hudson Road, Suite 100Woodbury, MN 55125 Phone: By phone at 800-428-9623 or fax at 602-659-2197
What type of services does Check Systems offer?
Chex Systems is a credit reporting agency. Unlike Trans Union and Experian, who report on consumer credit, Chex Systems reports on mishandling of bank accounts.
Are there any banks in Connecticut that are non chex systems banks?
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Is it true that even after you pay the bank you owe that you will stay on Chex Systems for up to 7 years and can't they take you off?
The reporting bank can request to chexsystems to remove you. Chexsystems reports remain for 5 years unless disputed. There is no guarantee for removal. Once the 5 years is up, you should be removed
Does Canada has a chex system?
Yes, Chex Systems is in Canada. It is owned and operated by Fidelity National Information Services. They provide information about deposit accounts.
If you pay the bank you owe will they remove you from the chex systems?
== == The answer is No. Not unless you call and make a formal request. Even then they will tell you it is up to Chexsystems and it will stay on your credit report for 5 years. Chexsystems will tell you to call the bank. My advice is be clear about what you are paying for, ask questions and get names.
What happens to the stuff on Chex system when you file bankruptcy before the 5 years is up?
Generally, nothing happens to the Chex Systems report when you file bankruptcy. In other words, while debts are discharged by the bankruptcy, this doesn't mean banks have to stop telling each other (via Chex Systems or any other bad check reporting service) that you wrote bad checks. Most people I have seen who were in Chex Systems continued to be in Chex Systems even after filing bankruptcy. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!
