ChexSystems 7 years?

[Xanathos]

Buddy of mine has been in Chexsystems for 5 years. His 5 years expired today and he asked me to drive him up to the bank so he could open an account. I get him up there, and he's still on ChexSystems...according to the bank manager, it's not 5 years anymore...now they keep you on for 7--and get this: They're talking about making it 9!

First I had heard of it, but then I had somehow found a way to sweet talk my way into a bank account about 4 1/2 years in last year, so what do I know.

That's insane, though...7 years without being able to have a bank account because of some crap that happened years ago to the dude. System is seriously messed up.

[DocDon]

They'll figure it out eventually when the economy collapses because nobody can do anything. This will happen when the 1% of the population (who seems to be driving this economy of ours right now) decides to cash in and call it quits.

[Anonymous]

That is insane. I had a same problem though. I bounced a check for like 20 bucks or something stupid like that, and they put me in that Chexsystem. I couldn't open a damn account anywhere and to top it off, my job at that time was pressuring me to sign up for direct deposit...it sucked... I had to go to a grocery store to cash my checks :( I felt like a looser.

Then I just sat down and opened a phone book and started to call every bank in it and asked them :" Do you use ChexSystem" Found one right next to my house!!!! I am with them now and I love it...I do know that they use chexsystems now because I saw a little plate on one of the reps desk...