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checking accounts problems

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hoang817
Regular Contributor

checking accounts problems

I have closed so many banks before, I've closed with good status and some bad status..now i try to reopen and was not sucessfully. how do i clean up my banks bad status? thank you

Message 1 of 7
6 REPLIES 6
GatoradeZeroGuy
Valued Contributor

Re: checking accounts problems


@hoang817 wrote:

I have closed so many banks before, I've closed with good status and some bad status..now i try to reopen and was not sucessfully. how do i clean up my banks bad status? thank you


https://www.chexsystems.com/ 

 

check your chex report (it's a credit report for deposit accounts), see if there's anybody you owe money to and pay them back

 

then look for 'second chance checking accounts' or checking accounts that don't pull chexsystems

Starting FICO 8:

Current FICO 8:

1/6, 5/12, 12/24

Message 2 of 7
hoang817
Regular Contributor

Re: checking accounts problems

Just signed up for a Sofi checking/saving account. and got approved right away.

 

Message 3 of 7
GatoradeZeroGuy
Valued Contributor

Re: checking accounts problems


@hoang817 wrote:

Just signed up for a Sofi checking/saving account. and got approved right away.

 


congrats, sofi has really fast transfers and a good interest rate on their savings and checking accounts. they also offer 3% CB on the first year with their CC if you maintain a $1k monthly DD. 

 

their bonus paid out fast as well.

 

they also have like $15 in tasks you can do in the earn section for some extra money

 

personal lawsuit related thoughts aside

 

my chex wasn't pulled either when I opened accounts with them 

Starting FICO 8:

Current FICO 8:

1/6, 5/12, 12/24

Message 4 of 7
FireMedic1
Community Leader
Mega Contributor

Re: checking accounts problems

Congrats! Well thats water under the bridge now.


Message 5 of 7
omnicast
New Visitor

Re: checking accounts problems

As others have said first step is to register with chexsystems. Check your chexsystems report for any incorrect info and dispute it. Any banks that you have burned or had your account closed or charged off with a negative balances try to contact those banks or collectors and pay them off.

 

After that you have a few options. Most of the big banks now have "secured" checking accounts that don't check your credit reports or chexsystems. Chase has secured checking, Wells Fargo has the clear checking. My opinion thats your best option because you can build back your relationship and switch to their full access accounts in the future. You will only be denied if you still owe them money for the most part from a closed checking account with negative balances or credit cards. Second best option you can try is to apply at local credit unions they may be more forgiving in person and allow you to show them pay stubs or income to be approved.

 

If you still cant get an account your third option would be any one of the numerous online debit card accounts. Worst case scenerio if you really need an account you can get a prepaid debit card from the store.

 

Message 6 of 7
IamWesty12
Frequent Contributor

Re: checking accounts problems


@hoang817 wrote:

Just signed up for a Sofi checking/saving account. and got approved right away.

 


@hoang817 well there ya go, awesome!  

Starting Score: 461
Current Score: 689
Goal Score: 775


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Message 7 of 7
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