In todays economy, comsumers face many struggles. As if things are not hard enough already, it does seem at times when a situation is already hard, it just gets harder.
Have you had a problem in the past with a checking account and now you have applied for a new one and were told NO!
What is ChexSystems?
Chexsystems verifies your checking activity and functions as a consumer credit reporting agency. Most banks and credit unions use it when opening a new deposit account.
Chexsystems is not a fair system. Many have objected to its reporting practices, stating that the system does not report fairly, and unlike credit bureaus which have both positive and negative information on your credit report, Chexsystems only contains negative information. This jeopardizes your reputation as a consumer, when you would otherwise be qualified to open checking accounts.
We have researched banks all over the US. We have found banks that will open accounts for those reported to chexsystems even when ALL the others say NO. We do all of this for free!
Get FREE copies of your credit reports
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 reports, at your request, once every 12-months. If they refuse to give you a copy of your report, file a complaint with the FTC
FREE Experian, Equifax, and TransUnion
-this is the only totally free site, do NOT be fooled by others
Only one website is authorized to fill orders for the free annual credit report you are entitled to under law — annualcreditreport.com. Other websites that claim to offer “free credit reports,” “free credit scores,” or “free credit monitoring” are not part of the legally mandated free annual credit report program. In some cases, the “free” product comes with strings attached. For example, some sites sign you up for a supposedly “free” service that converts to one you have to pay for after a trial period. If you don’t cancel during the trial period, you may be unwittingly agreeing to let the company start charging fees to your credit card.
Some “imposter” sites use terms like “free report” in their names; others have URLs that purposely misspell annualcreditreport.com in the hope that you will mistype the name of the official site. Some of these “imposter” sites direct you to other sites that try to sell you something or collect your personal information.
Annualcreditreport.com and the nationwide consumer reporting companies will not send you an email asking for your personal information. If you get an email, see a pop-up ad, or get a phone call from someone claiming to be from annualcreditreport.com or any of the three nationwide consumer reporting companies, do not reply or click on any link in the message. It’s probably a scam.
If you are unable to answer security questions correctly and for some reason annualcreditreport.com will not show you a copy of your reports online, you can simply print out the following, fill it out and mail it in.
Printable Form to retrieve FREE credit reports from Equifax, Experian, and Transunion
Free Innovis Report
FREE Chexsystems Report
FREE Telecheck Report
FREE Lexis Nexis Report
FREE Early Warning Services Report
FREE MIB FILE
CrossCheck: 1-707-586-0551
Certegy
Get 2 FREE reports here
The C.L.U.E. ®Personal Property report provides a seven year history of losses associated with an individual and his/her personal property. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
The C.L.U.E. ®Auto report provides a seven year history of automobile insurance losses associated with an individual. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
GENERAL CONSUMER REPORTS: BACKGROUND, RENTAL HISTORY, ETC.
**Employment History reports, call 1-866-312-8075 or mail your request to: ChoicePoint **WorkPlace Solutions Inc. Consumer Disclosure Center P.O. Box 105292 Atlanta, GA 30348
**Tenant History reports, call 1-877-448-5732 or mail your request to: Resident Data Inc. Consumer Disclosure Center P.O. Box 850126 Richardson, TX 75085-0126
Many PayDay Loan companies are now using a place called CL Verify. They pull information such as chexsystems in their reports. So many times CL Verify may show up on your chexsystems report.
FREE CL VERIFY REPORT
FREE Experian, Equifax, and TransUnion
-this is the only totally free site, do NOT be fooled by others
Only one website is authorized to fill orders for the free annual credit report you are entitled to under law — annualcreditreport.com. Other websites that claim to offer “free credit reports,” “free credit scores,” or “free credit monitoring” are not part of the legally mandated free annual credit report program. In some cases, the “free” product comes with strings attached. For example, some sites sign you up for a supposedly “free” service that converts to one you have to pay for after a trial period. If you don’t cancel during the trial period, you may be unwittingly agreeing to let the company start charging fees to your credit card.
Some “imposter” sites use terms like “free report” in their names; others have URLs that purposely misspell annualcreditreport.com in the hope that you will mistype the name of the official site. Some of these “imposter” sites direct you to other sites that try to sell you something or collect your personal information.
Annualcreditreport.com and the nationwide consumer reporting companies will not send you an email asking for your personal information. If you get an email, see a pop-up ad, or get a phone call from someone claiming to be from annualcreditreport.com or any of the three nationwide consumer reporting companies, do not reply or click on any link in the message. It’s probably a scam.
If you are unable to answer security questions correctly and for some reason annualcreditreport.com will not show you a copy of your reports online, you can simply print out the following, fill it out and mail it in.
Printable Form to retrieve FREE credit reports from Equifax, Experian, and Transunion
Free Innovis Report
FREE Chexsystems Report
FREE Telecheck Report
FREE Lexis Nexis Report
FREE Early Warning Services Report
FREE MIB FILE
CrossCheck: 1-707-586-0551
Certegy
Get 2 FREE reports here
The C.L.U.E. ®Personal Property report provides a seven year history of losses associated with an individual and his/her personal property. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
The C.L.U.E. ®Auto report provides a seven year history of automobile insurance losses associated with an individual. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
GENERAL CONSUMER REPORTS: BACKGROUND, RENTAL HISTORY, ETC.
**Employment History reports, call 1-866-312-8075 or mail your request to: ChoicePoint **WorkPlace Solutions Inc. Consumer Disclosure Center P.O. Box 105292 Atlanta, GA 30348
**Tenant History reports, call 1-877-448-5732 or mail your request to: Resident Data Inc. Consumer Disclosure Center P.O. Box 850126 Richardson, TX 75085-0126
Many PayDay Loan companies are now using a place called CL Verify. They pull information such as chexsystems in their reports. So many times CL Verify may show up on your chexsystems report.
FREE CL VERIFY REPORT
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IT IS AGAINST THE LAW TO OBTAIN A CONSUMER REPORT WITHOUT PERMISSION
From the FCRA ? 616. Civil liability for willful noncompliance [15 U.S.C. ? 1681n]
"(b) Civil liability for knowing noncompliance. Any person who obtains a consumer report from a consumer reporting agency under false pretenses or knowingly without a permissible purpose shall be liable to the consumer reporting agency for actual damages sustained by the consumer reporting agency or $1,000, whichever is greater."
From the 1998 FTC opinion letter Greenblatt at http://www.ftc.gov/os/statutes/fcra/greenblt.htm:
"Any person who procures a consumer report under false pretenses, or knowingly without a permissible purpose, is liable for $1000 or actual damages (whichever is greater) to both the consumer and to the consumer reporting agency from which the report is procured."
Also from the Fair Credit Reporting Act:
? 617. Civil liability for negligent noncompliance [15 U.S.C. ? 1681o] (a) In general. Any person who is negligent in failing to comply with any requirement imposed under this title with respect to any consumer is liable to that consumer in an amount equal to the sum of (1) any actual damages sustained by the consumer as a result of the failure; (2) in the case of any successful action to enforce any liability under this section, the costs of the action together with reasonable attorney's fees as determined by the court.
"(b) Civil liability for knowing noncompliance. Any person who obtains a consumer report from a consumer reporting agency under false pretenses or knowingly without a permissible purpose shall be liable to the consumer reporting agency for actual damages sustained by the consumer reporting agency or $1,000, whichever is greater."
From the 1998 FTC opinion letter Greenblatt at http://www.ftc.gov/os/statutes/fcra/greenblt.htm:
"Any person who procures a consumer report under false pretenses, or knowingly without a permissible purpose, is liable for $1000 or actual damages (whichever is greater) to both the consumer and to the consumer reporting agency from which the report is procured."
Also from the Fair Credit Reporting Act:
? 617. Civil liability for negligent noncompliance [15 U.S.C. ? 1681o] (a) In general. Any person who is negligent in failing to comply with any requirement imposed under this title with respect to any consumer is liable to that consumer in an amount equal to the sum of (1) any actual damages sustained by the consumer as a result of the failure; (2) in the case of any successful action to enforce any liability under this section, the costs of the action together with reasonable attorney's fees as determined by the court.
Fair Debt Collection
If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a "debt collector."
You should know that in either situation, the Fair Debt Collection Practices Act requires that debt collectors treat you fairly and prohibits certain methods of debt collection. Of course, the law does not erase any legitimate debt you owe.
What debts are covered?
Personal, family, and household debts are covered under the Act. This includes money owed for the purchase of an automobile, for medical care, or for charge accounts.
Who is a debt collector?
A debt collector is any person who regularly collects debts owed to others. This includes attorneys who collect debts on a regular basis.
How may a debt collector contact you?
A collector may contact you in person, by mail, telephone, telegram, or fax. However, a debt collector may not contact you at inconvenient times or places, such as before 8 a.m. or after 9 p.m., unless you agree. A debt collector also may not contact you at work if the collector knows that your employer disapproves of such contacts.
Can you stop a debt collector from contacting you?
You can stop a debt collector from contacting you by writing a letter to the collector telling them to stop. Once the collector receives your letter, they may not contact you again except to say there will be no further contact or to notify you that the debt collector or the creditor intends to take some specific action. Please note, however, that sending such a letter to a collector does not make the debt go away if you actually owe it. You could still be sued by the debt collector or your original creditor.
May a debt collector contact anyone else about your debt?
If you have an attorney, the debt collector must contact the attorney, rather than you. If you do not have an attorney, a collector may contact other people, but only to find out where you live, what your phone number is, and where you work. Collectors usually are prohibited from contacting such third parties more than once. In most cases, the collector may not tell anyone other than you and your attorney that you owe money.
What must the debt collector tell you about the debt?
Within five days after you are first contacted, the collector must send you a written notice telling you the amount of money you owe; the name of the creditor to whom you owe the money; and what action to take if you believe you do not owe the money.
May a debt collector continue to contact you if you believe you do not owe money?
A collector may not contact you if, within 30 days after you receive the written notice, you send the collection agency a letter stating you do not owe money. However, a collector can renew collection activities if you are sent proof of the debt, such as a copy of a bill for the amount owed.
What types of debt collection practices are prohibited?
Harassment. Debt collectors may not harass, oppress, or abuse you or any third parties they contact.
For example, debt collectors may not:
use threats of violence or harm; publish a list of consumers who refuse to pay their debts (except to a credit bureau); use obscene or profane language; or repeatedly use the telephone to annoy someone. False statements. Debt collectors may not use any false or misleading statements when collecting a debt. For example, debt collectors may not:
falsely imply that they are attorneys or government representatives; falsely imply that you have committed a crime; falsely represent that they operate or work for a credit bureau; misrepresent the amount of your debt; indicate that papers being sent to you are legal forms when they are not; or indicate that papers being sent to you are not legal forms when they are. Debt collectors also may not state that: you will be arrested if you do not pay your debt; they will seize, garnish, attach, or sell your property or wages, unless the collection agency or creditor intends to do so, and it is legal to do so; or actions, such as a lawsuit, will be taken against you, when such action legally may not be taken, or when they do not intend to take such action. Debt collectors may not: give false credit information about you to anyone, including a credit bureau; send you anything that looks like an official document from a court or government agency when it is not; or use a false name. Unfair practices.
Debt collectors may not engage in unfair practices when they try to collect a debt. For example, collectors may not:
collect any amount greater than your debt, unless your state law permits such a charge; deposit a post-dated check prematurely; use deception to make you accept collect calls or pay for telegrams; take or threaten to take your property unless this can be done legally; or contact you by postcard.
What control do you have over payment of debts? If you owe more than one debt, any payment you make must be applied to the debt you indicate. A debt collector may not apply a payment to any debt you believe you do not owe.
What can you do if you believe a debt collector violated the law?
You have the right to sue a collector in a state or federal court within one year from the date the law was violated. If you win, you may recover money for the damages you suffered plus an additional amount up to $1,000. Court costs and attorney' s fees also can be recovered. A group of people also may sue a debt collector and recover money for damages up to $500,000, or one percent of the collector' s net worth, whichever is less.
Where can you report a debt collector for an alleged violation?
Report any problems you have with a debt collector to your state Attorney General' s office and the Federal Trade Commission. Many states have their own debt collection laws, and your Attorney General' s office can help you determine your rights.
IMPORTANT NOTES:
Never give them your credit card or banking information. They will take more than you authorize
Never do checks by phone .. they will take more than you authorize
Never send them money Western Union or by wire.
Paying a debt collector will NOT remove the negative from your credit report(s) They do not have that ability or authority.
Record conversations with them (if it is legal in your state) to hold them accountable.
Sample Letter to Stop Debt Collection Calls..send this letter certified mail
Your NameYour Address
Collector's NameCollector's Address
Dear_________
I am writing in response to your constant phone calls!
According to the Fair Debt Collection Practices Act, [15 USC 1692c] Section 805(c): CEASING COMMUNICATION: You must cease all communication with me after being notified in writing that I no longer wish to communicate with you.
Therefore, I demand that you stop calling me at home, at work, on my cell phone or at any other location!
In accordance with the federal FDCPA, now that you have received this "stop calling" letter, you may only contact me to inform me that you: are terminating further collection efforts; invoking specified remedies which are ordinarily invoked by you or your company; or intend to invoke a specified remedy.
Be advised that I am well aware of my rights! For instance, I know that any future contact by you or your company violates the FDCPA and that since you already have my location information, calls made by you or your company to any 3rd party concerning me violates section 805(b)2 of the FDCPA.
Be advised that I am keeping accurate records of all correspondence from you and your company, including tape recording all phone calls. If you continue calling me I will pursue all available legal actions to stop you from harassing me and my family.
SignatureYour Printed Name
date
You should know that in either situation, the Fair Debt Collection Practices Act requires that debt collectors treat you fairly and prohibits certain methods of debt collection. Of course, the law does not erase any legitimate debt you owe.
What debts are covered?
Personal, family, and household debts are covered under the Act. This includes money owed for the purchase of an automobile, for medical care, or for charge accounts.
Who is a debt collector?
A debt collector is any person who regularly collects debts owed to others. This includes attorneys who collect debts on a regular basis.
How may a debt collector contact you?
A collector may contact you in person, by mail, telephone, telegram, or fax. However, a debt collector may not contact you at inconvenient times or places, such as before 8 a.m. or after 9 p.m., unless you agree. A debt collector also may not contact you at work if the collector knows that your employer disapproves of such contacts.
Can you stop a debt collector from contacting you?
You can stop a debt collector from contacting you by writing a letter to the collector telling them to stop. Once the collector receives your letter, they may not contact you again except to say there will be no further contact or to notify you that the debt collector or the creditor intends to take some specific action. Please note, however, that sending such a letter to a collector does not make the debt go away if you actually owe it. You could still be sued by the debt collector or your original creditor.
May a debt collector contact anyone else about your debt?
If you have an attorney, the debt collector must contact the attorney, rather than you. If you do not have an attorney, a collector may contact other people, but only to find out where you live, what your phone number is, and where you work. Collectors usually are prohibited from contacting such third parties more than once. In most cases, the collector may not tell anyone other than you and your attorney that you owe money.
What must the debt collector tell you about the debt?
Within five days after you are first contacted, the collector must send you a written notice telling you the amount of money you owe; the name of the creditor to whom you owe the money; and what action to take if you believe you do not owe the money.
May a debt collector continue to contact you if you believe you do not owe money?
A collector may not contact you if, within 30 days after you receive the written notice, you send the collection agency a letter stating you do not owe money. However, a collector can renew collection activities if you are sent proof of the debt, such as a copy of a bill for the amount owed.
What types of debt collection practices are prohibited?
Harassment. Debt collectors may not harass, oppress, or abuse you or any third parties they contact.
For example, debt collectors may not:
use threats of violence or harm; publish a list of consumers who refuse to pay their debts (except to a credit bureau); use obscene or profane language; or repeatedly use the telephone to annoy someone. False statements. Debt collectors may not use any false or misleading statements when collecting a debt. For example, debt collectors may not:
falsely imply that they are attorneys or government representatives; falsely imply that you have committed a crime; falsely represent that they operate or work for a credit bureau; misrepresent the amount of your debt; indicate that papers being sent to you are legal forms when they are not; or indicate that papers being sent to you are not legal forms when they are. Debt collectors also may not state that: you will be arrested if you do not pay your debt; they will seize, garnish, attach, or sell your property or wages, unless the collection agency or creditor intends to do so, and it is legal to do so; or actions, such as a lawsuit, will be taken against you, when such action legally may not be taken, or when they do not intend to take such action. Debt collectors may not: give false credit information about you to anyone, including a credit bureau; send you anything that looks like an official document from a court or government agency when it is not; or use a false name. Unfair practices.
Debt collectors may not engage in unfair practices when they try to collect a debt. For example, collectors may not:
collect any amount greater than your debt, unless your state law permits such a charge; deposit a post-dated check prematurely; use deception to make you accept collect calls or pay for telegrams; take or threaten to take your property unless this can be done legally; or contact you by postcard.
What control do you have over payment of debts? If you owe more than one debt, any payment you make must be applied to the debt you indicate. A debt collector may not apply a payment to any debt you believe you do not owe.
What can you do if you believe a debt collector violated the law?
You have the right to sue a collector in a state or federal court within one year from the date the law was violated. If you win, you may recover money for the damages you suffered plus an additional amount up to $1,000. Court costs and attorney' s fees also can be recovered. A group of people also may sue a debt collector and recover money for damages up to $500,000, or one percent of the collector' s net worth, whichever is less.
Where can you report a debt collector for an alleged violation?
Report any problems you have with a debt collector to your state Attorney General' s office and the Federal Trade Commission. Many states have their own debt collection laws, and your Attorney General' s office can help you determine your rights.
IMPORTANT NOTES:
Never give them your credit card or banking information. They will take more than you authorize
Never do checks by phone .. they will take more than you authorize
Never send them money Western Union or by wire.
Paying a debt collector will NOT remove the negative from your credit report(s) They do not have that ability or authority.
Record conversations with them (if it is legal in your state) to hold them accountable.
Sample Letter to Stop Debt Collection Calls..send this letter certified mail
Your NameYour Address
Collector's NameCollector's Address
Dear_________
I am writing in response to your constant phone calls!
According to the Fair Debt Collection Practices Act, [15 USC 1692c] Section 805(c): CEASING COMMUNICATION: You must cease all communication with me after being notified in writing that I no longer wish to communicate with you.
Therefore, I demand that you stop calling me at home, at work, on my cell phone or at any other location!
In accordance with the federal FDCPA, now that you have received this "stop calling" letter, you may only contact me to inform me that you: are terminating further collection efforts; invoking specified remedies which are ordinarily invoked by you or your company; or intend to invoke a specified remedy.
Be advised that I am well aware of my rights! For instance, I know that any future contact by you or your company violates the FDCPA and that since you already have my location information, calls made by you or your company to any 3rd party concerning me violates section 805(b)2 of the FDCPA.
Be advised that I am keeping accurate records of all correspondence from you and your company, including tape recording all phone calls. If you continue calling me I will pursue all available legal actions to stop you from harassing me and my family.
SignatureYour Printed Name
date
PayDay Loan Help and how to get out of the trap!
You are only obligated to pay back the principal amount you borrowed from an unlicensed/illegal Internet Payday Lender.
Unless you really did intentionally defraud a company by fraudulantly taking out a payday loan (using false info, etc) you cannot go to jail, be arrested, etc for a payday loan.These places will try to scare you into paying up. They do this because they know there's no other way to collect legally on the debt, so they resort to illegal scare tactics to collect.There are no debtors prisions. Can you imagine how crowded the corrections systems would be if everyone that owed money and had defualted went to jail? Know this - You cannot go to jail for not paying a payday loan debt. No police will be showing up at your work to arrest you. Your kids can't be taken away. These places are going to tell you the most awful things they can think of to scare the hell out of you and get you to pay
Unless you really did intentionally defraud a company by fraudulantly taking out a payday loan (using false info, etc) you cannot go to jail, be arrested, etc for a payday loan.These places will try to scare you into paying up. They do this because they know there's no other way to collect legally on the debt, so they resort to illegal scare tactics to collect.There are no debtors prisions. Can you imagine how crowded the corrections systems would be if everyone that owed money and had defualted went to jail? Know this - You cannot go to jail for not paying a payday loan debt. No police will be showing up at your work to arrest you. Your kids can't be taken away. These places are going to tell you the most awful things they can think of to scare the hell out of you and get you to pay
What is a Levy?
When a delinquent credit holder does not respond to a creditor's attempt to collect a debt, the silence may actually lead to a court date and a judgement.
Ignoring a debt gives the creditor the green light to proceed with the credit collection process. It gives the impression that the credit holder has no intention of working in conjunction with the creditor to pay down the debt, or to pay the debt off, altogether.
And when a creditor has exhausted alternative ways of collecting the money owed to them, they can go into court to file a judgment to collect the debt.After the creditor has been awarded the judgment, they have the legal right to attach a levy to any bank account held by the delinquent credit holder.
A levy is a legal seizure of money from bank accounts to satisfy a debt. When a levy has been placed on bank accounts by a creditor, they have the legal right to keep the levy attached to the accounts until full retribution has been met. In order for a creditor to file a levy against your bank account, they have to first know where you bank is located.
After they find your financial institution, the creditor will administer a writ of execution on the bank. After the bank is served with the writ, they are legally obligated to seize the funds. Adding fuel to this financial fire, most banks charge a penalty for levies being placed on accounts.
If there is not enough money in the account to satisfy the debt, the account will remain frozen until the debt has been paid or some other debt repayment agreement has been reached.In addition, if employer checks are directly deposited into the levied account, the monies will go towards the unpaid debt, while return check fees steadily accumulate.
Bankruptcy is not the only answer to a levy. When a bank levy has been placed on your savings or checking account, you will have up to 30 days to contest the levy. The money seized from accounts is held for 21 days before being handed over to creditors.Some monies are exempt from levies. For example, child-support payments cannot have levies placed on them, and a court hearing has to take place to determine if money placed in the account were actually child-support payments.
Ignoring a debt gives the creditor the green light to proceed with the credit collection process. It gives the impression that the credit holder has no intention of working in conjunction with the creditor to pay down the debt, or to pay the debt off, altogether.
And when a creditor has exhausted alternative ways of collecting the money owed to them, they can go into court to file a judgment to collect the debt.After the creditor has been awarded the judgment, they have the legal right to attach a levy to any bank account held by the delinquent credit holder.
A levy is a legal seizure of money from bank accounts to satisfy a debt. When a levy has been placed on bank accounts by a creditor, they have the legal right to keep the levy attached to the accounts until full retribution has been met. In order for a creditor to file a levy against your bank account, they have to first know where you bank is located.
After they find your financial institution, the creditor will administer a writ of execution on the bank. After the bank is served with the writ, they are legally obligated to seize the funds. Adding fuel to this financial fire, most banks charge a penalty for levies being placed on accounts.
If there is not enough money in the account to satisfy the debt, the account will remain frozen until the debt has been paid or some other debt repayment agreement has been reached.In addition, if employer checks are directly deposited into the levied account, the monies will go towards the unpaid debt, while return check fees steadily accumulate.
Bankruptcy is not the only answer to a levy. When a bank levy has been placed on your savings or checking account, you will have up to 30 days to contest the levy. The money seized from accounts is held for 21 days before being handed over to creditors.Some monies are exempt from levies. For example, child-support payments cannot have levies placed on them, and a court hearing has to take place to determine if money placed in the account were actually child-support payments.
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