ChexSystems Removal Letter 1

ChexSystems Dispute Letter 1 | Dispute Letter 2 | Dispute Letter 3 | Dispute Letter 4

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Before you get started, read this page first, if you haven’t already:

ChexSystems Removal: 4 Simple Steps to Get Out of ChexSystems

While ChexSystems is a credit reporting agency much like Experian, Equifax or TransUnion, many people have never heard of them until they are barred from opening a bank account or have their accounts closed out of the blue.

Unlike the other consumer reporting agencies that report positive information along with negative items, ChexSystems contains only negative information – therefore any record with ChexSystems may harm your ability to open or maintain a bank account for up to 5 years.

Fortunately, you can dispute and request verification from ChexSystems and the banks in the same way as other credit reporting agencies.

If information cannot be verified, it must be removed from your ChexSystems file. You may order a free copy of your ChexSystems report yearly or at any time you are denied the ability to open a bank account.

The following letter is a template for you to use when disputing negative information on your ChexSystems file. Please note that this letter does not constitute legal advice – it is only provided as a starting point for your own ChexSystems dispute efforts.

ChexSystems Dispute Letter 1

Dispute Letter 1 Template

{Your Name}
{Your Street Address}
{City, State, Zip Code}

ChexSystems Consumer Relations
7805 Hudson Road
Suite 100
Woodbury, MN 55125

{Date}

RE: Consumer ID # (retrieve this number from your ChexSystems report)

To Whom It May Concern:

It has been brought to my attention that {name of bank} has listed {negative listing} on my ChexSystems file, dated {month/year}.

To my knowledge, I have never had {negative listing} with {name of bank}. I am therefore writing to request full validation of this debt as is my right underneath the Fair Credit Reporting Act.

Specifically, I am requesting full validation from {name of bank} including copies of any documentation associated with this {negative listing} which bears my signature.

In the absence of such documentation, I request that this {negative listing} be permanently removed from my ChexSystems report.

For your records, my contact information is as follows:


{Your Name} (make certain it is printed or typed; do not provide a copy of your signature)
{Your SSN}
{Your Address}
{City, State Zip Code}

3 Banks That Don’t Use ChexSystems

Chime®

Chime®
Crediful’s rating
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  • No credit check or ChexSystems
  • No minimum opening deposit or monthly service fee
  • Over 60,000+ fee-free1 ATMs
  • Get paid up to 2 days early with direct deposit2
  • Available in all 50 states

U.S. Bank

U.S. Bank
Crediful’s rating
Visit Site
  • $300 sign-up bonus
  • $25 minimum opening deposit
  • Monthly service fee can be waived
  • Over 40,000 fee-free ATMs

Chase

Chase
Crediful’s rating
Visit Site
  • $100 bonus after 10 purchases in 60 days
  • No credit check or ChexSystems
  • Over 16,000+ fee-free ATMs
  • $4.95 monthly service fee

Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

2. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Chime generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.