How long does Chexsystems keep records on file?

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asked May 31, 2017 in Credit by Jasire (26,200 points)
6 months ago I had a checking account closed due to overdrafts. I went to open a checking account at another bank today and they denied me saying that I had a bad Chexsystem report?

Does Chexsystems ever remove records from there database?

If so how long do I have to wait for them to clear it?

1 Answer

0 votes
answered Jun 1, 2017 by Minty (132,850 points)
Records are kept in Chexsystems Database for 5 full years. So you have 4 years and 6 months to wait until that data clears from Chexsystems database.

If you don't already you could get a Bluebird card. It's not a checking account but you can get direct deposit posted to it and you can also write checks.

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