Are there second chance checking accounts avaible for people who have had a bank account closed? What can you do if you are put into ChexSystems? These are questions people ask when they can no longer get a conventional bank account.
Years ago when I was in my early twenties I had a checking account that was closed because I tried to pay to many bills at once. Once I overdrafted my account they added their sevice fee of twenty five dollars (now it is usually thirty five dollars per overdraft) which added up to over two hundred dollars. I unfortunately could not pay the money back in the time period they required and they sent me to Chexsystems. Even tho I have paid off the debt I am still in their system. I went looking for a new checking account and was turned down by one bank. Fortunately for me back then all the banks did not get all the chexsystems data at the same time and I was able to open a new checking account. In todays time you will not be that lucky because all banks are instantly notified when Chexsystems puts a mark againgst you.
What should you do if you can not get a conventional bank account? It is dangerous to carry cash on you all the time and it can be a real pain in the butt paying all your bills in cash or money orders. Fortunately their are banks who realize the unfairness of these of banning everyone from getting a checking account. Their some brick and mortar banks that offer these services, but the majority of the banks that do not use ChexSystems are online.
Get a bank account today with Second Chance Bank Account. Hurry before this offer expires!