ChexSystems
The banking screening bureau used by most US banks
What ChexSystems Tracks
- Bounced checks and non-sufficient funds (NSF) activity
- Unpaid bank account fees
- Bank accounts closed due to fraud or misuse
- Check fraud
- Account abuse and negative banking history
Who Uses ChexSystems?
Approximately 80% of US banks and credit unions use ChexSystems when evaluating new checking and savings account applications.
How to Get Your Free Report
Request your Consumer Disclosure Report once per year at no charge by visiting chexsystems.com or calling 800-428-9623.
How to Dispute Errors
If you find inaccurate information, you can dispute it at chexsystems.com. ChexSystems must investigate and respond within 30 days under the FCRA.
Under the Fair Credit Reporting Act (FCRA), consumer reporting agencies must investigate disputes within 30 days and correct or remove information they cannot verify.
Frequently Asked Questions
What is ChexSystems?
ChexSystems is a consumer reporting agency that collects and reports negative banking history — including bounced checks, unpaid fees, and accounts closed due to fraud or misuse. Approximately 80% of US banks use ChexSystems to screen applicants for new checking or savings accounts.
Can I open a bank account if I'm in ChexSystems?
Possibly, but it's more difficult. Some banks and credit unions offer 'second chance' checking accounts specifically for people with negative ChexSystems records. Online banks and prepaid debit accounts are also options. Being in ChexSystems does not affect your FICO credit score.
How long does negative information stay on ChexSystems?
Negative information stays on ChexSystems for 5 years — shorter than the 7-year period for credit reports. After 5 years, the information is automatically removed.
Does ChexSystems affect my credit score?
No. ChexSystems is a separate system from the three major credit bureaus (Experian, TransUnion, Equifax). A negative ChexSystems record does not appear on your FICO credit report and does not affect your FICO score.
How do I remove negative items from ChexSystems?
You can dispute inaccurate information directly with ChexSystems. For accurate negative items, you can sometimes negotiate with the original bank to have the record removed if you pay the owed balance. You can also wait out the 5-year reporting period.