How Do You Obtain A Checking Account With Bad Credit?
A checking account is a secure account that is held by a bank or credit union. The account allows you to safely deposit and withdraw money, as long as the funds are available. It can also help you save costly check-cashing fees that banks charge when you do not have an account. When you have bad credit or have written checks on an account that did not have the funds available, you may have a hard time becoming eligible for another account. Obtain a copy of your Chex systems report if you have been turned down for a checking account in the past 90 days. You are entitled to a free report once a year from the Chex system website (see Resources). Report any fraudulent activity to your bank and local authorities. You will also need to contact the credit bureaus and Chex systems. Provide them with proof of the police report. They can flag your account for fraud. Pay any past bad checks to the institution that you are owing to. The Chex system report will tell you the amount that you owe and
