Banking

If you’re wondering how to get out of ChexSystems then you’ve come to the right place. Our comprehensive FREE guide includes the exact documents and easy-to-follow instructions that will help you to get off ChexSystems so you can start banking again....

Finding yourself in the ChexSystems database can be deeply troubling. You may worry that you will never again be able to open a normal bank account, making even the simplest of financial transactions difficult or impossible to complete....

Have you tried to open a bank account recently, only to be denied? Were you left wondering why? Well, did you know financial institutions look at your banking history when you submit an application to open an account? You may have been denied because of a bad bank or credit history....

Banking Resources

Are you interested in ChexSystems help or second chance banking? Perfect Finances offers banking advice to help you get a new bank account and rehabilitate your financial health.

Take advantage of our banking advice to get off ChexSystems or find a non-ChexSystems bank, open a new second chance checking account, or learn about TeleCheck and EWS (Early Warning Services).

ChexSystems is a consumer credit reporting agency used by banks and credit unions to find out the financial history of people applying for checking and savings accounts. It is governed by the federal Fair Credit Reporting Act (FCRA) and other laws. Roughly 80% of the banks and credit unions in America use ChexSystems to acquire information on customers who have...

Getting your ChexSystems consumer disclosure report is a simple and straightforward process that does not require you to pay a fee. You are also entitled to a free copy of your ChexSystems report, at your request, once every 12 months, under the Fair and Accurate Credit Transaction Act (FACTA). Your report is sent via USPS free of charge. ChexSystems Report -...

Your ChexSystems score is primarily used to predict your future banking behavior and the prospect that you will mismanage your account — in other words, how risky it is for a bank to open an account for you. Not all banks will use your ChexSystems score to evaluate your application to open a bank account. Some refer only to your detailed...

How To Dispute Your ChexSystems Record Sometimes banks make mistakes. If you believe you have been wrongly reported to ChexSystems, there are steps to follow to dispute the entry. The bank and the information provider are legally obliged to correct any inaccurate information in your ChexSystems report. Step 1: Order Your Free ChexSystems Report Obtain a free copy of your ChexSystems report and...

TeleCheck is a service provided by a company called First Data which provides check verification and maintains a database of check-related misconduct. Nothing is more frustrating than trying to pay a bill or purchase a product only to be rejected by TeleCheck for reasons that have nothing to do with you. TeleCheck is hardly fair to consumers, considering so many of the...

EWS (Early Warning Services) is a system that records information into a database, and allows financial institutions access to that information in order to assess risks when it comes to people trying to open accounts with them. If you’ve ever been denied an account through Chase Bank, this may have had something to do with it. In the past, most banks...