Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Banking (https://www.askmehelpdesk.com/forumdisplay.php?f=43)
-   -   Does ChexSystem share information (https://www.askmehelpdesk.com/showthread.php?t=403514)

  • Oct 7, 2009, 05:51 AM
    togo1982
    Does ChexSystem share information
    When opening a checking account at a local bank, they run your name/SSN through ChexSystems. I am told this system only contains information pertaining to past checking and/or savings accounts and if you have a history of overdrawing such accounts or closing an account with a negative balance. Is this system also available to creditors searching for those who may have judgements against them in hopes of locating a checking account to seize? What type of sharing of information does the ChexSystem do?
  • Oct 8, 2009, 05:18 AM
    stevetcg

    They do. ChexSystem works like many other credit reporting systems.

    However, there are easier ways... your accounts are opened with a SSN and your judgment is tied to that SSN... so unless you violated homeland security laws in giving a false SSN, your accounts will be found.

  • All times are GMT -7. The time now is 01:11 AM.