EWS Question

[Credit Please]

Does the banks and CU that use EWS information only close accounts that have Fraud attached or any negative bank relationship?

[mca]

So far EWS is responsible for many Suntrust Accounts being closed. No it is not the ones that ONLY had fraud indicated on the report. They were closed when the report indicated NSF, Account abuse, suspected fraud, and fraud.

 

Those are the ONLY accounts so far that I know of that have been closed due to an EWS report.

 

EWS however is responsible for people being denied accounts at many other banks and credit unions now. The ones being denied are not just the reports that are fraud related. Anyone reported to EWS is being denied.

[Credit Please]

How long does one stay in EWS? Forever potentially or 7yrs?

[anforlguy80]

any negative info, and 7 years

[Credit Please]

any negative info, and 7 years

 

 

So when you dispute thru CS and you are removed from CS your Information still remains with EWS?

[anforlguy80]

cs and ews are two separate reporting agencies