Can Lexington Law remove ChexSystems?

Although we don’t work with ChexSystems, our credit repair services can help you identify errors on your credit report. Lexington Law can help you work to remove errors, allowing you to get back on track toward meeting your financial goals.

Can you sue ChexSystems?

If your dispute request is ignored or errors are still being reported on your ChexSystems report, you may have a case and be able to sue ChexSystems in Federal court.

How long do you stay on ChexSystems?

five years
How long does the closed account stay on ChexSystems file? Our current practice is to retain record of reported information for a period of five years from the report date unless the source of the information requests its removal or ChexSystems becomes obligated to remove it under applicable law or policy.

What do you need to know about Chex systems?

About ChexSystems. Chex Systems, Inc. (ChexSystems) is a nationwide specialty consumer reporting agency under the federal Fair Credit Reporting Act (FCRA). ChexSystems’ clients regularly contribute information on closed checking and savings accounts.

Who has access to my ChexSystems consumer file?

Chex Systems, Inc. is a nationwide specialty consumer-reporting agency governed by the Federal Fair Credit Reporting Act (FCRA) and any applicable state statutes. Who has access to my ChexSystems consumer file? ChexSystems is governed by the Federal Fair Credit Reporting Act (FCRA).

What to do if you owe money to ChexSystems?

If you owe money to any ChexSystems member institutions, do your best to get those paid off. You can even negotiate to pay less than what you owe. When negotiating the payoff process, ask the creditor to update the information in ChexSystems indicating that the debt has been paid.

When does ChexSystems have to remove disputed information?

This is very important because ChexSystems is governed by the FAIR CREDIT REPORTING ACT as a consumer reporting agency. By law, they have to investigate and verify any disputed information within 30 days. If they fail to respond or verify your information, all disputed information MUST be removed.