Hi! I’m so sorry about this! Unfortunately, a bank can deny a person an account. Banks and credit unions can legally check up on you before they allow you to open an account; when you try to open an account, they will probably run a ChexSystems (https://www.chexsystems.com) report on you. . They might run a bank history report or an actual credit report (which doesn’t count as a “hit” against your credit score). If you have had trouble with checking and savings accounts in the past, a bank could refuse you as a client. You can order your own report here. If you owe a bank money or have a bad history, it will be reflected there. You can dispute your record here.
Time will make the problem go away, but you don’t want to go without a checking account until ChexSystems decides to pardon you. Here are some ways you might be able to fix the problem and get a checking account.
1. Go into the bank branch and talk with a banker there. The personal approach may work. Offer to bring in a paystub or a reference from your boss to convince the bank you are a good risk.
2. Try other banks in town besides the one that just turned you down.
3. Try on online bank like Etrade, Ally or Synchrony.
4. You could also try a credit union. Credit unions are often more lenient and more likely to offer second chances. You may have access to and eligibility in a local credit union or in a national one like Navy Federal Credit Union if you were in the military.
5. Work to build your credit history back up. That will take a little time, but you can do it.
This article (http://www.myfico.com/crediteducation/improveyourscore.asp) offers good tips on raising your credit socre. Best of luck to you!
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