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Turned down my Lasalle bank for new account b/c of neg chexsystmes report
Posted 20 February 2008 - 08:59 PM
Posted 20 February 2008 - 11:05 PM
Starting this year LaSalle will be changing to Bank of America. Bank of America will only accept new accounts regardless of credit history and chexsystems history for a short time, so hurry! Just apply online.
The combination of LaSalle Bank and Bank of America joins LaSalle Bank's strong presence in Illinois North Central Indiana, and Michigan with nationwide convenience and the resources of Bank of America. With this combination, you will have access to more locations, products, services and community support than ever before.
More and more people are also being denied accounts with Bank of America now due to EWS. Very soon I am afraid I will be removing them from my list
Edited by mca, 20 February 2008 - 11:07 PM.
Posted 21 February 2008 - 07:30 AM
Why do banks view lots of checksys reports as neg. if they are not about bad checks etc. So what if you open alot of accounts, if you are not stiffing the bank what is the problem?
Posted 21 February 2008 - 10:53 AM
I bet most if not all banks would be suspicious of someone opening more than 2 or so new bank accounts within a short period of time. You mention a "few", so I'm guessing at least 3 or more. I suspect you sent the fraud alert software into a tizzy at Lasalle.
Posted 21 February 2008 - 12:36 PM
Posted 25 February 2008 - 03:09 PM
Chasing some rates/bank toasters and opened a few account but then got turned down for the last one. Do I have to wait before I open any new accounts? How long? Why did this happen?
Banks may think you're up to something no good (maybe a complex check kiting scheme), if you're opening up a bunch accounts at once. In fact, you could risk just recently opened accounts being closed on you if you apply for new accounts shortly afterwards.
To be on the safe side, I wouldn't open more than one bank account every 90 days, even though I heard opening two at a time might be OK. So if you're thinking of going into the toaster retailing business, you won't be able to get enough inventory by opening checking accounts.
Edited by Burgerwars, 25 February 2008 - 03:14 PM.
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