A ChexSystems incident stays on your record five years from the date it was reported by a bank or credit union. Providing false information to open an account; fraud; ATM, debit card, or savings account abuse; multiple overdrafts; and refusal to repay insufficient funds transactions are reasons consumers are reported to ChexSystems.
Institutions that supposedly do not use CheckSystems or offer “second chance” bank accounts include Chase, Wells Fargo, U.S. Bank, PNC Bank, and BB&T Bank.
Order a free ChexSystems report online. Call: 800-428-9623. Fax: 602-659-2197. Mail: ChexSystems, Attn: Consumer Relations, 7805 Hudson Road, Suite 100, Woodbury, MN 55125.
A recent Scarborough Research study revealed that 7% of consumers without a bank used a check cashing service in the past year and 45% have children under 17 living with them.