Can't get a Checking Account

Author: elfygrrl
Posted: Tue Jul 19, 2005 10:12 pm
Post subject: Can't get a checking account



Hi everybody,
This site's great. I've learned so much already. Thanks for all the free info.
Here's my problem. My credit score is in the early 600's and I have a discharged bankrupcy from 6 yrs ago. I've recently started getting credit cards again and I'm trying to do it right this time.

The only problem is that I'm having a hard time getting a checking account.
Any suggestions? Is it easier if I go into the bank rather than applying online?
I would much rather do it online. It's much easier than being rejected in person.

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Author: maddybeagle
Posted: Tue Jul 19, 2005 10:18 pm
Post subject: Can't get a Checking account

why is hard to get a checking account. I started a checking account out of college (had no credit then) and was able to start. Try a credit union. Seems as long as you have money to deposit you can start.

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Author: Darrell
Posted: Tue Jul 19, 2005 11:39 pm
Post subject: Can't get a Checking Account


You don't have something negative showing in ChexSystems do you?

Check out this site: https://www.consumerdebit.com/consumerinfo/us/en/index.htm

It's a resource on how to go about finding info on this.

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Author: Sarasotatony
Posted: Wed Jul 20, 2005 11:50 am
Post subject: Can't Get A Checking Account


I ran into the same problem about fifteen years ago. Banks that have many branches around the state, or in other states will run a credit check and often reject those with credit problems. Go to a "Mom and Pop" (or small bank) in your town and you should have no problem opening a checking account. Also open a savings account there. Then after you are with them one year, apply for a $1,000 personal loan. This looks very good on your credit report. Don't apply for any other credit (especially credit cards) for a year or so. You will be on your way to reestablishing your credit. Also: Say nothing about the bankruptcy. Good luck!