Credit Talk USA Worldwide LIVE Did you know banks’have secret watchdog is Watching You

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Have you ever been turned down for a checking account? While denials are more common when applying for credit, you can also be declined when applying for a bank account. If you have been declined, it’s likely due to a reporting agency that many have never heard of, but who has a lot of information about and influence over banking customers. It’s called ChexSystems.
Information reported by banks to ChexSystems typically stays in the system for five years. Items are only removed before the expiration of the five year period if the reporting financial institution requests the item to be removed or applicable law requires ChexSystems to remove the derogatory item
http://www.doughroller.net/banking/chexsystems-banks-secret-watchdog-watching/

http://www.youtube.com/watch?v=50hUbuA54Mc