A Second Chance Checking Account is necessary if you have a record on ChexSystems or having difficulty opening a new checking account. In either case the resources on this site will help you get removed from ChexSystems as well as provide an avenue to a new bank account, credit card, ATM debit card, personal loan and credit report.

Unfortunately, if you are on ChexSystems you are practically blacklisted from over 80% of all banks and credit unions throughout the country. The good news is in most cases, based on a simple approach, you can be removed from ChexSystems and/or secure a new second chance checking bank account within a short time frame. Just because you operated a checking account with bad credit previously it doesn't mean you will be penalized for the rest of your life.

Like most things in life, time heals all, even the most scarred financial record can be healed. The key thing to bear in mind is you need to have a bank account and a credit card to be able to improve your credit rating.  The credit scoring mechanism is based on a simple formula.

If you operate your bank account sensibly by not bouncing any checks and pay off your credit card minimum balance, you will be rewarded with a higher credit score. Under this scenario, it is not uncommon for a credit score to increase 100 points or more in less than 6 months. By increasing your credit score by this amount you will receive much lower interest rates on mortgages and personal loans.

Irrespective of whether you are on ChexSystems you can complete our free application.  Not all banks are members of ChexSystems and those that are members do not necessarily have up to date information. In some cases we have seen people accepted for a second chance checking account with the bank finding out they were on ChexSystems six months after they opened their account.  Often, if the customer has been operating the account sensibly the bank decides to allow the customer to remain with the bank.

Click Here To Apply for our Recommended 2nd Chance Checking Account

Once you have completed the application for a free 2nd chance banking account, you can also complete the application for a new credit card.  The use and timely repayment of credit card debt is one of the most important tools for improving your credit score. The longer you can show a timely repayment history the faster your credit score will increase.

Click Here To Apply for our Recommended 2nd Chance Credit Card

If your account applications are approved your new banking package will arrive in 5 working Days and your second chance checking account will be open soon afterwards.  You will also be eligible to receive a MasterCard or Visa Debit Card, Routing Number and Account Number.  Depending on your application you may be qualified to write checks online. 

Once your account is open we recommend you operate the account in a disciplined manner. This will help you to restore your financial reputation and self esteem.  

Shopping links for those that are interested in more than checking accounts.