No Chexsystems Checking Accounts
No Chexsystems Checking Accounts
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Home Page > Finance > Banking > No Chexsystems Checking Accounts
No Chexsystems Checking Accounts
Posted: Nov 15, 2008 |Comments: 0
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No Chexsystems Checking Accounts
By: Dan Moskel
About the Author
We suggest the prepaid credit card theAccount Now Visa it comes with free direct deposit, free credit builder, free bill pay, and free activation.
Additionally if you would like a free credit consultation call 1-800-253-3735.
(ArticlesBase SC #643548)
Article Source: http://www.articlesbase.com/ – No Chexsystems Checking Accounts
If you are in chexsystems you are in a tough spot. This will prohibit you from opening a new checking account and damage your credit score.
There is a great alternative to a checking account. You can have a prepaid credit card that will give you free direct deposit.
This can save you money by no longer paying expensive check cashing fees. In addition you can pay your bills with this card.
There is a free feature called bill pay that will enable you to pay your bills by writing a check from your account. This will save you money on purchasing money orders.
This card works just like a checking account. Your card is accepted over the phone and online.
Your card will also provide you with an opportunity to build a positive payment history. The prepaid Account Now Visa gives you a free service called credit builder. This service will record the bills you pay with bill pay and report that information to a credit reporting agency. This can be used to show future lenders you are credit worthy.
What is ChexSystems?
It is a group of financial institutions that share information. They do this to screen out potential problem customers. You can be placed in it for having an account closed for reason.
Reasons are:
– Fraud
– Repeated overdrafts without the bank being able to collect payment
– Using false information to open an account