banking
What is ChexSystems and How it Works with Business?
ChexSystems creates a database of information for banks to determine whether customer has bad financial records or not. It’s legally empowered by the Fair Credit Reporting Act. ChexSystems reports are similar to credit reports, insofar as they record financial history of a certain individual, however, credit reports they differ insofar as the records are just negative remarks, unlike credit report...[Read More]