🔹 Step 1: Pull the Reports
- Request your free reports directly from ChexSystems & Early Warning Services (EWS).
- These reports list the banks/credit unions that flagged you.
- ⏱️ Expect about 5 business days by mail or 1–2 days online.
💡 Why it matters: You can’t fix what you don’t see.
🔹 Step 2: Review Everything Carefully
- Look for accounts marked “closed for cause,” overdrafts, unpaid balances, or fraud alerts.
- ✅ Target inaccuracies, debts older than 5 years, or anything that looks off.
🎯 Goal: Identify disputes + make a game plan to resolve unpaid balances.
🔹 Step 3: Dispute Bad Info
- File disputes directly with ChexSystems & EWS.
- Include:
- Attach supporting documents (proof of identity, receipts, etc).
💡 Want templates? (I can drop pre-written dispute letters.)
🔹 Step 4: Negotiate & Settle Balances
- Contact the reporting banks directly.
- Ask for:
- Pro Tip: Always get everything in writing before sending money.
🔹 Step 5: Send Proof & Request Reinvestigation
- After payment, forward receipts or settlement letters to ChexSystems/EWS.
- Request them to update and recheck the record.
🔹 Step 6: Follow Up (30-Day Rule)
- Both ChexSystems & EWS must respond within 30 days.
- ✅ If entries are removed—you’re clear.
- ❌ If not—you’ve got another move (Step 7).
🔹 Step 7: Apply Pressure if Needed
- File complaints with:
- This adds heat to banks + reporting agencies to fix errors fast.
🔹 Step 8: Rebuild With a Second-Chance Account
- While you’re clearing records, open a second-chance bank account with:
- This builds fresh positive banking history while you’re wiping the old.
✅ Result: Once you complete this process, you’re back in the financial system—able to open accounts, get business banking, and start fresh.