Chexsystems in banks

OstinG

New Member
#1
Hello guys! Now I am going to open an account is the bank for taking a loan. I have never taken money in banks before. Should I be checked by Chexsystems or it's just for the clients who have been cooperated with banks?
 

OstinG

New Member
#2
I think you should ask a bank worker. Every bank is different - one of them can use Chexsystems and another one doesn't use it. Also the time of checking depends on many factors.
Thanks for answer Renee! And how do you think is the procedure of Chexsystems faster if I have no credit history?
 
#3
Hello guys! Now I am going to open an account is the bank for taking a loan. I have never taken money in banks before. Should I be checked by Chexsystems or it's just for the clients who have been cooperated with banks?
Hello! Have you already solved your problem?
I'm not sure. But I know that Chexsystems means the gathering all information about client - negative and positive too. It's not a simple checking of credit history.
Special for you I can recommend you some information. Here is the list of the banks which don't use Chexsystems. Also there you can find all details about Chexsystems mechanism.
 
#4
Oh dude, be careful with that. Take loan only if you are sure that you can pay it back. Anyway, this loan will be a pain in the as for a long time. I have taken a loan recently (I am lucky that the conditions are very good) from Lånemegleren.no and now I have to pay every month. Think twice before taking a loan
 
#6
I advise you to solve any issues related to loans with brokers. When my wife and I tried to mortgage the house, we almost fell into the trap of crooks who wanted to cheat us out of a large amount of money.
 
#7
I advise you to solve any issues related to loans with brokers. When my wife and I tried to mortgage the house, we almost fell into the trap of crooks who wanted to cheat us out of a large amount of money.

We managed not to get caught, and we turned to Mortgage Broker Wolverhampton, who helped us to make a better deal. This case is very serious. Your credit rating plays an important role in your case, and if you have never borrowed before, your rating is likely to be low. It confirms the need for broker assistance.
 
#9
Hmm, a familiar situation. I'm trying to sort out my first loan right now. It's been a long time, have you figured it out somehow? Did you manage to get a loan? By the way, I have not encountered Chexsystems, can you tell me what it is? I just recently moved to the USA and I don't know so well how the banking system works yet. I know a guy who works with bank loans in navibanker.com and he didn't tell me about Chexsystems in order to take out a loan. I hope everything worked out for you, because I personally am not in the best situation right now and I really need a loan.
 
Top