How Long Does Check Systems Report You?

by Nanette Delaney Burton ; Updated July 27, 2017

Check Systems, or ChexSystems, is a consumer-reporting agency that financial institutions use to find out if applicants have a negative banking history, including closures due to overdrawn accounts or excessive non-sufficient fund charges. If an individual is denied an account at a bank or credit union, information received through ChexStems is a common cause.

Reporting Time

Information gathered and reported on ChexSystems stays on file for five years, unless otherwise required by law or requested by the reporting member.

Removal of Account

When a derogatory account is paid, the financial institution that reported the account is only required to update the information as paid; they are under no legal obligation to remove the filing.

Legal Rights and Consumer Requests

ChexSystems is governed by the laws under the Fair Credit Reporting Act, enforced by the Federal Trade Commission, and therefore consumers are entitled to view their report for accuracy. Requests can be made either in writing or online.

About the Author

Nanette Delaney Burton, mother of three, began writing professionally in 2004. She holds a Bachelor of Arts from the University of California, San Diego in political science (American politics and law; minor in psychology). Burton is currently working on her Juris Doctorate.