0
If this is the case then will it disappear from chex systems after 5 years?
Wiki User
∙ 9y ago
Entries posted in Chex Systems can stay up to 5 years. After 5 years, the entries will disappear from the record.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
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.
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.
Are there any Non chex systems banks in Chicago?
Yes there is TCF and Fifth Third. I am sure there are others but these are the two that I use.
Are there any banks that don't use Telecheck or Chex Systems?
Are there banks that do not use the chexsystem or telecheck in new jersey or philadelphia?
When you join a credit union do they check your credit?
Yes, they something called a soft pull, also if you are opening a checking account they run you through Chex Systems
Does chex systems remove you from their records five years from the date reported or the closure date?
Five years from the closure date.
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.
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?
== ==
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.
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 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!
Do you have to have good credit to open a checking account?
no not really, you just don't have to be in Chex Systems
Is comerica bank part of the non chex systems bank?
Comerica Bank DOES use Chexsystems.
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
Can a person under 18 be reported to chex system?
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.
