Many residents in Arkansas don’t currently have a active checking account and some want one. However, some people living in Arkansas are unable to open a new checking account because of items contained in their ChexSystems report.
For those that never heard of them, Chex Systems Inc. is a consumer reporting agency that is owned by Fidelity National Information Services and governed by the federal Fair Credit Reporting Act. A consumer report with ChexSystems contains information such a unsatisfied checking balances, check overdrafts, the depositing of fraudulent checks, or suspicious account handling that a financial institution has reported to them in the previous five years.
For the Arkansans that have tried to open up a bank account but have been turned down, don’t give up! Millions of Americans have been blacklisted because of a unfortunate incident reported to this consumer reporting agency. This is why the friendly consumer organization “InfoAviator” and its dedicated members have assembled a list of banks and credit unions with local branches in the state of Arkansas that offer “second chance checking accounts” that gives a person a fresh start with a financial institution. This list that helps people with blemished ChexSystems reports can be viewed at http://answers.infoaviator.org/?qa=350/second-chance-checking-accounts-in-arkansas&show=350#q350. Please feel free to join the InfoAviator Community to add any banks or credit unions not yet listed or to report your experiences with the ones already there.
In addition to the above information, you can also view our verified bona fide list of nationwide financial institutions at http://infoaviator.org/finance/checking-accounts/2014/05/28/how-to-open-a-second-chance-checking/ that have programs available to help the unbanked.
Did You Know?
The FCRA, otherwise known as the federal Fair Credit Reporting Act promotes the fairness, privacy, and accuracy of the information in your ChexSystems report. Under this act, a consumer must be told if the information contained in their file has been used against them along with anyone that used this report to deny their application for a bank account.
A consumer also has the right to know what is in their file and they can request and obtain all the information about them in this file. A consumer can request one free copy annually of their ChexSystems consumer report by calling 1-800-428-9623 or by visiting their website at consumerdebit.com, or request a hard copy by mail by writing to the following address:
Attn: Consumer Relations
7805 Hudson Road, Suite 100
Woodbury, MN 55125
This request can also be done by fax at 602-659-2197.
* Mailing and fax forms for ordering this report are available on their website which is listed above.
If a consumer finds information in their file that is inaccurate or incomplete, they have the right to dispute this information with ChexSystems and the agency must investigate the matter unless they find that the dispute is frivolous. Incomplete, unverifiable, or inaccurate information must be corrected or removed.
For more information on your rights under the federal Fair Credit Reporting Act, visit consumerfinance.gov/learnmore or for additional information by mail, please write to:
Consumer Financial Protection Bureau
1700 G Street N.W.
Washington D.C. 20552
InfoAviator Publishing is a free consumer organization determined to help the un-banked currently residing in the cities and townships of (but not limited to) Texarkana, Bella Vista, Russellville, El Dorado, Magnolia, Pine Bluff, Greenwood, Sherwood, Van Buren, Helena-West, Little Rock, Jonesboro, Clarksville, Bentonville, De Queen, Jacksonville, Fayetteville, Morrilton, Blytheville, Mountain Home, Monticello, Heber Springs, Stuttgart, Searcy, Harrison, Farmington, Mena, Hot Springs, Springdale, White Hall, Rogers, Hope, Cabot, Siloam Springs, Warren, Fort Smith, Beebe, West Memphis, Conway, Wynne, Camden, Marion, Mississippi, Lowell, Arkadelphia, Benton, Centerton, Newport, Osceola, Paragould, North Little Rock, Trumann, Batesville, Pocahontas in Arkansas.
Disclaimer: Infoaviator Publishing is a private organization and is not affiliated with Chex Systems Inc. or the Consumer Financial Protection Bureau (CFPB).