Today marks the 1st Credit Tip for the next 30 Days.
ChexSystems is used by the financial institutions to determine whether the financial institution will open a checking and/or savings account for you.
If in the past an individual has had an account in the negative and the balance was not paid back to the financial institution, this was reported to ChexSystems.
If this has happened, find the bank the money is owed too, pay the balance so that record can be deleted. Then you are free to open a new checking or savings account.
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PS: There are 10 Credit Myths the Credit Agencies don’t want you to know so you can protect your assets. To get your copy of this free report click here.
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