It really depends on where you live as to what your options are. There are nation-wide banks that can help as well. Try Chase - they let me get an account online even though I had on my ChexSystems a "fraud suspicion" from BoA. I have also heard that if you try for a joint account on Wells Fargo's website that you have a pretty good chance of being allowed an account.
NO, IF A BANK USES CHEXSYSTEMS THEY WILL NOT CONSIDER THAT YOU HAVE AN ACCOUNT AT A BANK ALREADY AS A WAY TO DETERMINE IF THEY WILL OPEN AN ACCOUNT FOR YOU.
yes they can. Many banks run random checks with chexsystems and they will close accounts if the account holder has a negative report
Yes, you can open an account with anyone you choose to. Just be careful though! Who ever is the primary on the account (the person listed first on all of the paperwork) will be held responsible if the other joint holder overdrafts the account, and this primary account holder can also be put onto chexsystems do to the joint owner's actions.
AnswerThere are many banks that will open accounts for those in chexsystems. Your options really depend on the state in which you liveBetter Answerpeoplescashsolutions dot com (Peoples Bank in Paris, TX). This bank will give you a 2nd chance even with having bad credit and being on Chexsystems at the same time.Peoples Cash Solutions will not open an account for those that have "fraud" listed on their chexsystems report, however, "account abuse" is not an issue.
In some states,Wal-mart offers accounts to persons with less than good credit 9even those who have been placed in the Chex system), for as an opening deposit as small as $50. US Bank also offers a "second chance checking" - they acknowledge that you have a mark on chexsystems, but allow you to open an account with them (with certain restrictions)
Unfortunately, there are only a couple. There are other banks though that provide account nationwide so that might help... I've listed links to the lists below.
Yes. Even though Chexsystems focuses on providing one's historical checking and savings activities to commercial banks and credit unions, in 1999 the organization was categorized by the government as a credit reporting agency. Accordingly, they are subject to the Fair Credit Reporting Act.
Not usually. Unless it includes NSF charges. It may affect the terms and charges though, for period of time. Actually, I was turned down for a checking account at Bank of America because my credit was poor, so that is not true. It can effect you getting a checking account. It just depends where. I have to go to a credit union to get an account.
There are many banks that do not use chexsystems and some that will make exceptions. related question for more information http://wiki.answers.com/Q/Are_there_any_banks_that_do_not_use_Telecheck_or_Chexsystems
A person can be reported to ChexSystems for several reasons including:Maintaining a negative balance for 60 daysMisusing their accountFraudNSF feesOnce reported, your records stay on ChexSytems for up to 7 years and it becomes extremely difficult to open accounts at major banks.SolutionsThe obvious solution is not to be reported in the first place, by maintaining a positive balance and not misusing your bank accounts. If you have already been reported to ChexSystems / Check Systems (ChexSystems is the correct spelling, though it is confusing for some), you have a few options:Open 2nd chance checking accounts with non-major banksOpen accounts with banks that do not use ChexSystems (very few)Use the ChexSystems Removal Kit by IDTheft Pros and remove the reported information.
I checked the Suntrust site and couldn't find an "online checking account". Suntrust offers a nice discount on loans in other products to its checking account holders though. BankRate.com compiles data involving the major banks and thier interest rates.