Comments on: A Bank Account Closure Does Not Affect Your FICO Score

By: tammy gonads

tammy gonads — Wed, 21 Apr 2010 09:19:16 +0000

we were denied a loan two weeks ago because we had closed our checking account. lenders do see that info somewhere
denied no checking account

By: numoptoff

numoptoff — Tue, 22 Dec 2009 11:20:59 +0000

I think you are right. But you should cover more on this topic.

By: Ryan

Ryan — Thu, 03 Dec 2009 01:28:51 +0000

I can’t imagine them being anymore accurate than the credit reporting agencies…

By: Josh

Josh — Thu, 03 Dec 2009 01:25:19 +0000

naw, they are accurate, come on.

By: tomtom

tomtom — Thu, 03 Dec 2009 01:23:46 +0000

I doubt whether ChexSystems is accurate. I’ve had an entry on there that totally wasn’t mine and they simply refused to remove it. They are worse than the credit agencies.

By: lovesam1

lovesam1 — Wed, 02 Dec 2009 21:51:28 +0000

Ah, that’s right! Thanks!!

By: Roughdog

Roughdog — Wed, 02 Dec 2009 21:48:06 +0000

Its called ChexSystems and its like the credit reporting agencies but contains history about your bank accounts. It does exist if, for example, you write a bad check or have your bank account closed because of insufficient funds.

By: lovesam1

lovesam1 — Wed, 02 Dec 2009 21:44:44 +0000

Nope, nothing regarding your bank goes on a credit report. there is something called Chek System (I think).. and they will check that before issuing your a bank account.

By: Jones

Jones — Wed, 02 Dec 2009 21:42:06 +0000

I thought all bank info went on a credit report.. guess it makes sense that it doesn’t.. cool