Archive for June, 2015

Banks and Their Profit Approach To Using ChexSystems

Friday, June 19th, 2015:

This site is all about how to survive and function as a normal member of society even though you have been reported to Chex Systems. But this article is specifically about why banks use ChexSystems. Having worked in retail banking for over 10 years I will tell you plain and simple. Banks use Chex Systems because it saves them money. When I would review study after study the one solid conclusion was that the odds of losing money on a Chex Systems customer was much greater than the odds of losing money to a customer that was not on ChexSystems. […] Read More →

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