The following letter is a template for you to use when disputing negative information on your ChexSystems file. Please note that this letter does not constitute legal advice – it is only provided as a starting point for your own ChexSystems dispute efforts.  Includes 4 Letter Templates 

While ChexSystems is a credit reporting agency much like Experian, Equifax or TransUnion, many people have never heard of them until they are barred from opening a bank account or have their accounts closed out of the blue.

Unlike the other consumer reporting agencies that report positive information along with negative items, ChexSystems contains only negative information – therefore any record with ChexSystems may harm your ability to open or maintain a bank account for up to 5 years.

Fortunately, you can dispute and request verification from ChexSystems and the banks in the same way as other credit reporting agencies.

If information cannot be verified, it must be removed from your ChexSystems file. You may order a free copy of your ChexSystems report yearly or at any time you are denied the ability to open a bank account.