I have had issues with overdrafts and bounced checks in the past.
I recently moved to the same town as my fiancee, and I went into a bank to open our joint checking account. The banking center employee informed me that she could not open a new account for me, due to information in ChexSystems. I am still waiting on the copy of my report.
I previously had an account with this bank a few years ago, I believe it was in 2006 or 2007. I did have many overdrafts with this account. I even have a letter from this bank stating that the overdrafts on my account have been resolved, because I was having trouble opening accounts at other banks because of the information that this bank provided.
As I have been reading this forum, I began worrying that I was on this EWS system as well. I called the customer service line, and LUCKILY I am not listed in their system.
As soon as I receive my report from Chex Systems, I can take the next step. Can you have old information removed from Chex Systems? Do I need to be checking Teletrak and Certegy as well to see if they have any information on me?
I do have an open bank account, but it is in my old town, over an hour away. The bad thing is my new job does not have direct deposit, so I've been having to cash my checks at Walmart. I really do not want to be doing this, and my fiancee and I are worried that this information of mine in ChexSystems will prevent us in opening a joint account. His bank is also an hour away, so neither of us have accounts here in town yet.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.