Owed BOA money, paid it back plus deposited large
This is something which you need to clarify with BofA. They will
This is something which you need to clarify with BofA. They will be able to assist you better in this matter.
Go back in and talk to the manager you originally spoke to...you
Go back in and talk to the manager you originally spoke to...you posted this before.
Even if you've paid off an old charge off, you'll still show on
Even if you've paid off an old charge off, you'll still show on Chexsystems for 5 years (I think). Paying it off doesn't make the derogatory info go away. You should look into a second chance account rather than a traditional account.
BOA and EWS
Bank of America reports and uses chexsystems, EWS and a credit report when opening a deposit account. If you owed BOA money and paid it back, this will NOT remove you from chexsystems or EWS. When you opened a new account there, they will run EWS and the loss prevention dept/Risk management dept there will not allow anyone to open an account that is reported to EWS. They sometimes make exceptions for those ONLY reported to chexsystems but I have not seen this for those that are reported to EWS
Submitted by Mary Adkins Matthews on Wed, 04/27/2011 - 13:51
manager -vs-risk dept
The manager of the bank can not make the final decision .. it is up to the loss prevention dept there
Submitted by Mary Adkins Matthews on Wed, 04/27/2011 - 13:55