2nd Chance Checking Account

Oct. 15, 2011 - PRLog -- Due to past banking issues, millions of Americans have difficulty opening a new checking account. When a checking account is closed with a negative balance, most banks will report that person's name and personal info to Chexsystems.

Chexsystems is an independent credit bureau that reports to banks. It has been reported that once reported to Chexsystems, their name will remain listed for at least 5 years. In this case, it becomes very difficult to find a bank that will let that person open a new account.

http://2ndChanceChecking.net is a new online resource guide that specializes in free info to help those individuals that have trouble opening new accounts. 2ndChanceChecking.net is compiling a database of banks that offer 2nd Chance Checking Accounts in each location specific to U.S. state. Currently, anyone is able to use this site to access tips and information on second chance checking accounts.

Not being able to open a new account can be frustrating. There are often cases where individuals will be denied at many banks due to their past banking history. according to a recent FDIC report, over 60 million Americans do not have a working checking account.

Not having an active checking account can be a tremendous burden. Everything from extra fees for money orders, check cashing fees, and using prepaid gift cards for electronic purchases can be expensive and time consuming. The convenience of a working checking account with a debit card is essential to basic financial stability. http://2ndchancechecking.net can be used as a free guide to find banks that offer second chance checking accounts.

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http://2ndChanceChecking.net offers absolutely free guides and resources on where to open second chance checking, or bank accounts with bad credit. Many Americans are stuck on Chexsystems and have trouble opening a new account. Use our free resources to find banks that offer 2nd Chance Checking.