2007-02-20 02:07:58 · 4 answers · asked by Halle 1 in Business & Finance ➔ Personal Finance
1. Find a bank that doesnt use it. Which there are hardly any that dont.
2. Wait the 7 years that it stays on your history & start over.
3. pay what you owe & hope that other banks will still take you. Even if you pay it, they are under no obligation to give you an account.
2007-02-20 02:24:22 · answer #1 · answered by ricks 5 · 0⤊ 0⤋
If you dont owe Bank Of America any money and your Chex Systems entry is more than either one year or 3 years old they will open an account for you.
2007-02-20 11:14:46 · answer #2 · answered by mschaka77 2 · 0⤊ 0⤋
First..there is no such thing as a secured checking account...sorry. Second..you are confusing a credit report
bad debt time with a chex systems record..which is 5 years..not 7.
Well..if I were you..I would go to a small local bank..explain your situation with them..be honest..upfront..and see if they won't let you open a savings account first. Some will..and if manage it properly..they will let you open a checking account after a certain period of time.
I was lucky..in that regard. I already had two netbank accounts when my serious credit/checking disaster happened..so I at least had the netbank accounts until the 5 years ran out.
Is it just one record? Perhaps you could negotiate for a record removal...certainly doesn't hurt to ask.
2007-02-20 03:19:25 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Open a secured account. It may be cheaper to pay the other bank what you owe them.
2007-02-20 02:42:14 · answer #4 · answered by Anonymous · 0⤊ 1⤋