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It is your right to file a dispute with chexsystems. There is no guarantee for removal but the FCRA demands that all reports to be 100% accurate.
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Can you join your new husband's credit union account with your name in Chexsystems but his is not?
Not if they use chexsystems. They will make you clear up your issues with chexsystems first, and then when they check and you're cleared, you can be added.
Do credit unions use ChexSystems?
Yes, many credit unions use ChexSystems to verify personal checks used for deposit and multi-party endorsement. According to Wikipedia, over 80% of US banks and credit unions use ChexSystems.
How do you find out if you're in chexsystems?
ChexSystems is a credit reporting agency and you are entitled to a free report every year.
What checks does a ChexSystems report run?
ChexSystems are a company which offer a range of fund checking. It is similar to Experian. Many banks and credit companies use ChexSystems. It stops fraud.
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 are some of the banks in California that do not use ChexSystems?
Several of the banks in California do not use ChexSystems. San Mateo Credit Union, Golden One Credit Union and San Francisco Federal Credit Union. At some of these banks you will need to qualify to apply. You can check out more details at Chextalk online.
Banks in Washington that do not use chexsystems?
There are several banks and credit unions in Washington that do not use chexsystems. One of the more popular ones there is 1st Security Bank Of Washington.
What is the function of ChexSystems?
Chexsystems is a Credit Reporting Agency (CRA) governed by the Fair Credit Reporting Act (FCRA) and other laws. Under the Fair and Accurate Credit Transaction Act (FACTA) amendments to the Fair Credit Reporting Act (FCRA), they are subject to the same rules and regulations. Chexsystems monitors and reports on your banking activities. It looks for unusual or suspicious banking transactions, overdrafts, cashing checks against insufficient funds and not meeting minimum account balances.Many banks and credit unions use chexsystems when opening a deposit account to determine if the account should be opened.
Is Chexsystems subject to the Fair Credit Reprorting Act rules as other credit reporting agencies?
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.
Can you open a savings account if you are on ChexSystems?
Opening A Savings AccountGenerally if a bank uses chexsystems, they will use it to open a savings as well. Sometimes a credit union will open a savings account if you are on chexsystems as long as you are eligible for a membership even if they will not open a checking. Some banks and credit unions do not verify savings accounts through chexsystems so it really depends on the bank or credit union .Right now ING direct is an excellent place if you are looking for a savings ONLY. They will not run chexsystems.related question for more helpAre_there_any_banks_that_do_not_use_Telecheck_or_Chexsystems
If a bank reported you to chexsystems can they report you to Telecheck too?
yes Chexsystems and Telecheck are both consumer reporting agencies and some banks and credit unions use them both and report to them both
Banks in AR that don't use chexsystems?
Anyone living in Arkansas can get an account at Hope Credit Union. They do not use chexsystems. related question for more information http://wiki.answers.com/Q/Are_there_any_banks_that_do_not_use_Telecheck_or_Chexsystems
