If you’ve ever had difficulty opening a checking account, then you’re probably all too aware of a company called ChexSystems. But how much do you really know about this company that happens to be scoring your banking behavior?
Just as consumers have credit scores that determine whether or not they will be approved for credit, consumers also have what we’ll call a “debit score” which helps determine whether or not they will be approved for a checking account. Want to learn more? Read on to learn nine things you need to know about ChexSystems, the keeper of your debit score.