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If you were unjustly placed in the Chex System after your checks were stolen how do you get a checking account again?
Wiki User
∙ 15y ago
First make sure that the major credit reporting agencies are notified that these checks were stolen. Secondly, you will need a copy of the police report and all documentation from the CRAs stating that this was fraudulent activity. Third, contact the reporting bank and present them with all of this information. They (if they are a larger institution) will forward your information to the loss prevention team to have them verify with the police report and the reports with the CRAs are indeed true documents, and they will then write a letter on your behalf to have you removed. It's a lengthy process, but it can be done. Answer Handling identity theft with a bank account is a little different than just dealing with identity theft. The FTC outlines how to deal with these situations. In general, if an identity thief steals your checks or counterfeits checks from your existing bank account, stop payment, close the account, and ask your bank to notify Chexsystems or the check verification service with which it does business.
Dispute any bad checks passed in your name with merchants so they don't start any collections actions against you. That way, retailers can be notified not to accept these checks.
The Fair Credit Reporting Act(FCRA) gives you specific rights when you are, or believe that you are the victim of identity theft.
You have the right to ask that nationwide consumer reporting agencies place "fraud alerts" in your file to let potential creditors and others know that you may be a victim of identity theft. A fraud alert can make it more difficult for someone to get credit in your name because it tells creditors to follow certain procedures to protect you. It also may delay your ability to obtain credit. You may place a fraud alert in your file by calling just one of the three nationwide consumer reporting agencies. As soon as that agency processes your fraud alert, it will notify the other two, which then also must place fraud alerts in your file.
Equifax: 1-800-525-6285
Experian: 1-888-397-3742
TransUnion: 1-800-680-7289
In addition to the fraud alert with the 3 CRAs above you can put a fraud alert on your chexsystems report or any CRA. For Chexsystems and Scan, they have a special affidavit form you can fill out online.
https://www.consumerdebit.com/consumerinfo/us/en/consumerreports/index.htm
You have a right to place a "security alert" in your Chexsystems or Scan report, which will warn anyone who receives information from your report that your identity may have been used without your consent.
Recipients of your consumer report are advised, but not required, to verify your identity prior to entering a business relationship.
They will require that you provide a notarized affidavit in order for your alert to remain on file for five years. If they do not receive the notarized affidavit, your alert will remain on file for ninety days. You can print the notarized form online as well and then have it signed by a notary. -you can also file disputes with chexsystems and the reporting bank To dispute write to:
Mail: Chex Systems, Inc.
7805 Hudson Road, Suite 100
Woodbury, MN 55125 Phone: By phone at 800-428-9623 or fax at 602-659-2197 If the reinvestigation does not resolve your dispute, you are entitled to request a brief statement be added to your consumer file outlining the nature of your dispute.
Wiki User
∙ 15y ago
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Definition of checking account?
an account at a bank against which checks can be drawn by the account depositor.
Can you open a checking account and have someone else's name on the checks?
You can but you both will be on the checks aswell as the both of you need to be on the account too.
How does a checking account work?
with a Checking account, you can withdraw money, pay bills or make a purchase easily, using checks.
Can a bank freeze your checking account for writing bad checks?
Yes.
What type of bank account that allows you to make deposits write checks and withdraw money is?
A checking account.
Definition of checking account?
an account at a bank against which checks can be drawn by the account depositor.
Can you open a checking account and have someone else's name on the checks?
You can but you both will be on the checks aswell as the both of you need to be on the account too.
How does a checking account work?
with a Checking account, you can withdraw money, pay bills or make a purchase easily, using checks.
What is a business checks?
Business checks are just what they sound like, a checking account that banks offer for companys or business, they may have different fees, features and benefits than a personal checking account.
Which type of account allows you to deposit money and write checks?
The type of account that allows you to deposit money and write checks is a checking account.
Can a bank freeze your checking account for writing bad checks?
Yes.
What type of bank account that allows you to make deposits write checks and withdraw money is?
A checking account.
What is the usual method for keeping track of balances in a checking account?
The normal method is listing checks in a checking register.
Why is a savings account better than a checking account?
A savings account may pay higher interest rate than a checking account. Also, you don't have bounced checks, and NSF fees, normally.
How to write a letter requesting check book?
If you have a checking account you order checks. No letter is needed. You can order them through the bank or through an independent source. I have had my photos put on checks so there are any number of designs you can have, but you do need a checking account number and a routing number from your account to order checks. A person without these just can't get checks that are illegal tender.
Can you use checks from a closed checking account?
Why would you think this would work? This is fraud.
What is Standard Checking Account?
A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.
