Wait for items to fall off your report One final option for cleaning up a ChexSystems report is simply letting time take its course.

How long does someone stay on chexsystems. Bankruptcies however can remain on both your credit reports and your ChexSystems reports for up to 10 years. Until then you might be able to open a second-chance checking account. ChexSystems isnt required to delete accurately reported information but every bank is responsible for updating the payment status on a delinquent account thats been settled.

But just like you have the right to dispute inaccurate information on your credit report you can dispute inaccurate information on your ChexSystems report as well. The decision to delete a report is entirely up to each bank or credit union and its individual policies. ChexSystems scoring ranges between 100 and 899.

The information stays on file for five years from the date the account was closed. If you are under 18 complete the Consumer Request for Disclosure Form and submit your request by mail fax or telephone. Unfortunately this may limit your options to second-chance bank accounts and prepaid debit cards.

However ChexSystems removes negative banking information apart from bankruptcy after five years. According to ChexSystems reported information typically stays on your ChexSystems report for up to five years. It could stay on your credit report indefinitely but will likely be removed ten years after it was closed based on the credit bureaus guidelines for reporting closed accounts.

This may seem similar to a credit score but ChexSystems is an entirely different scoring process. If your account was closed in good standing there is no law requiring it to be removed from your credit report in a certain time period. How long does something stay on ChexSystems.

Although some other consumer reports contain negative information from the previous seven years or more ChexSystems reports generally keep negative information on record for only five years. If you dont make any payments or take any other action the negative information on your ChexSystems reports will stay on your record for 5 years. According to the FCRA a consumer reporting agency report like a ChexSystems report cant contain negative information thats more than seven years old or any bankruptcies that are more than 10 years old.