How to Update Your Status on ChexSystems

ChexSystems is a consumer-reporting agency governed by the Fair Credit Reporting Act (FCRA). They are not a typical credit reporting agency, rather they handle account verification for financial institutions such as providing past banking history, the length of the opened account, and if the account was ever overdrawn. A person who has a delinquent account on ChexSystems will remain there for up to five years. If the information on your consumer report provided by ChexSystems is incorrect or fraudulent, you have the ability to dispute the report and get an updated status.

Instructions

1

Order your consumer report from the ChexSystem website. Read the terms and conditions on the request page and click "agree." Follow the steps provided on the website and fill out the form. Click "submit" once the form has been filled out and wait five business days for the report to be mailed to you. If the consumer report has incorrect information, you can file a dispute and have your status updated.

2

Download and print the dispute form titled "Consumer Request For Reinvestigation."

3

Fill out the dispute form with your name, address, social security number, drivers license number and the disputed information. You will need the account numbers and consumer ID number from your consumer report.

4

Mail the form to ChexSystems, Attn: Consumer Relations at 7805 Hudson Road, Suite 100, Woodbury, MN, 55125. You can also fax it to 602-659-2197.