Archive for June, 2015

Reasons For Being Reported to ChexSystems

Friday, June 19th, 2015:

There are many reasons why people are reported to chexsystems. Millions of Americans from single parents, women and minorities to divorcees are unbanked. 1. People with small and limited income are more likely to have an NSF occour which in many cases will result with being reported to chexsystems. Many times these people will rack up tons of fees in overdrafts that they can not pay which will also result in the account staying negative, eventually closing and later being reported to chexsystems. 2. In times of economic hardship where people are struggling to make ends meet, many resort to […] Read More →

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