If you have made some mistakes in your past and have been reported to Chexsystems or Telescan, you may have difficulty opening up a new checking account. Generally a bank will not report you to either of these services unless they have closed down your account because you were overdrawn for a long period of time. The systems are set up to protect the banks from opening up accounts that will end up overdrawn and in the negative. These accounts do end up costing the banks money. If you have been reported to these systems and you want to open … Continue reading →