Chexsystems is a CRA governed by the Fair Credit Reporting Act (FCRA) and other laws.Under the Fair and Accurate Credit Transaction Act (FACTA) amendments to the Fair Credit Reporting Act (FCRA), you are entitled to a free copy of your consumer report once every year. It is very important to know exactly what is reported on your chexsystems report. The reason it is important to know what is on your report is because it may determine what options are available to you when you begin to look for an account. Remember under the (FCRA) it is your right to dispute with chexsystems.

https://www.consumerdebit.com/consumerinfo/.../freereport.htm

What is a SCAN report? Sorry for the dumb question.

SCAN is Shared Check Authorization Network It is a service that retailers generally use to determine if they are going to accept your check. It is a CRA. No Question is a dumb question

https://www.consumerdebit.com/consumerinfo/...aqs.htm#P25_698

Thanks. I think I will put in for both of them, just to see whats on them.


ETA: I have never had a problem with banks or checks, but I will check just to see. yanno

yes it can't hurt for sure. I would venture to guess you won't be on there but it never hurts to check. Most people have no idea they are reported to chexsystems until they try to open an account and are denied. Many have never even heard of what chexsystems is.

Would I have a file with chexsystems just because I have a checking acct? I know for a fact that I've never written any bad checks, overdrawn an account, etc.

Xecuter2 NO, chances are you would not have been reported to chexsystems. I guess it can't hurt to check the same as you would check any CRA file but I really don't think you have anything to worry about

Another question, Why does SCAN need checking info? I wanna order it but this scares me!

The FCRA only requires they be able to confirm your identity. All that is needed is your name, current address, date of birth and social security number. For banking account matters, they would need your bank and account number as well. If it is an old account then tell them you no longer have an account at any bank