Second Chance Checking Accounts In Indiana

July 25, 2013 - PRLog -- The ChexSystems provides deposit account verification services to its financial institution members to help them identify checking account applicants that may have a history of poor account mishandling. Each item entered into the Chexsystems remains there for five years, unless the financial institution that filed the report requests its removal or Chexsystems becomes obligated to remove it under law. A negative chexsystems report can prevent a consumer from opening up a checking or savings account in the United States.

Consumers in Indiana unable to open a checking or savings account because of their Chexsystems report resort to using prepaid cards for direct deposit and check cashing services that are located in stores and supermarkets in which carry fees. These charges and fees can really add up over time and is money that the consumer worked hard for and could have been used for paying down debt, much needed food, gasoline, utility bills, and savings.

This is the reason the free consumer organization "Bad Credit MD" is trying to inform these unfortunate indivuals who were reported to the Chexsystems for a past banking issue about banks and credit unions that offer "Fresh Start" and "Second Chance" checking accounts in Indiana. Some of these special programs offered to people with bad Chexsystems reports come with checks and a MasterCard or Visa debit card. Consumers can locate a comprehensive list of these credit unions and banks in Indiana at http://www.badcreditmd.com/second-chance-checking-account/.

Consumers should also be aware that according to the Fair and Accurate Credit Transaction Act or (FACTA), they are entitled to a free copy of their ChexSystems consumer report, by request, once every 12-month period. Further information on ordeing a free copy of a consumer's Chexsystems report by mail or On-line can be found at http://www.badcreditmd.com/second-chance-checking-account/.

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Bad Credit MD, is a free On-line consumer information guide that helps people living in Indiana with credit problems in the cites of Indianapolis, Fort Wayne, Evansville, South Bend, Hammond, Bloomington, Gary, Carmel, Fishers, Muncie, Lafayette, Terre Haute, Anderson, Noblesville, Elkhart, Greenwood, Mishawaka, Lawrence, Kokomo, Jeffersonville, Columbus, Portage, Richmond, New Albany, Merrillville, Valparaiso, Goshen, Michigan City, Granger, Westfield, Marion, East Chicago, West Lafayette, Schererville, Hobart, Plainfield, Crown Point, Highland, Franklin, Munster, La Porte, Clarksville, Brownsburg, Greenfield, Shelbyville, Vincennes, Logansport, New Castle, and Seymour.

Bad Credit MD has been in business helping consumers with bad credit since April of 2007 and is a subsidiary of Enticing Designs Publishing. The staff has various backgrounds in the financial and mortgage industry. This self-help site has over 500 pages of credit advice and articles. Its staff has researched its information with various governments around the world to provide the most comprehensive and accurate information free of charge.

The spokesperson for "Bad Credit MD" can be contacted at https://plus.google.com/104692534381789121018/