Overview of Second Chance Checking
Second chance checking accounts were created by banks and credit unions for consumers with credit issues. People who are relying on prepaid credit cards and check cashing services should consider opening an account with a bank that offers second chance checking.
Why You May Need a Second Chance Checking Account
If you are a victim of ChexSystems, you should consider getting a second chance checking account. Have you had your account closed at your previous bank because of too many overdrawn checks? Is your name in ChexSystem’s database? If so, these are reasons why you may need a 2nd Chance Checking account.
Shop Smart When Looking For a Second Chance Bank
If it has been a while since you've had a bank account, you may need a refresher on what you should look for and what you should avoid when looking for a second chance bank, or any other bank.
10 Tips For Managing Your Checking Account
Many people find it hard to manage a checking account. Even so, any activity can be mastered with commitment. You can avoid ChexSystems and other consequences of poor checking account management.