Don't understand why you were denied an account at a financial institution?

You have probably been flagged in ChexSystems, the credit reporting agency of the banking establishment. Through our program we will show you how to petition ChexSystems to reinvestigate any items in your consumer report that you believe may be inaccurate or incomplete. 45CREDIT.com©™ gives you the tools to help make the process easy.

Understand why you were denied an account at a financial Institution where Chex Systems, Inc was used in the decision process.

What is ChexSystems?

ChexSystems keeps a database of people who have a bad track record with one or more banks. Banks use ChexSystems to review your banking history. If you have a negative listing in the ChexSystems database, it can be very difficult to open a new account — checking, savings, or other account — often taking as long as 5 years.

Who gets listed?

There are several ways to get listed with ChexSystems. For example, you or someone you shared your account with owed the bank money at the time the account was closed. Or your account was closed because of too many "Insufficient Funds" notices.

Whatever the circumstances, you should also keep in mind that some banks will check to see how many inquiries have been made on your ChexSystems record. If there have been several, you might not be able to open a new account.

How long am I on the list?

Your information stays in the ChexSystems database for 5 years unless there's a legitimate reason to remove it.