Settlement on closed Chase bank accounts

Date: Thu, 08/23/2012 - 12:20

Submitted by Dr. Dre
on Thu, 08/23/2012 - 12:20

Posts: 17 Credits: [Donate]

Total Replies: 2

A few years ago, I was knee-deep in pay day loan debt. With some incredibly helpful advise from this site, I got things back together. But, as a result of all of the overdrafts and loan companies, i had to close my chase bank account on two different occasions and now have my payroll direct deposit to a pre-paid debit. card.
My question is this. I am going to pay the collection companies handling the two closed accounts a settlement on both to erase the debt. But can I open another bank account with Chae or will they reject me because of paying a settlement?

Thanks!

I can say with about 95% certainty Chase will NOT allow you to o

I can say with about 95% certainty Chase will NOT allow you to open a new account with them. Try another bank. However, you could be blacklisted by chexsystems for the overdrawn accounts that are charged off. You may get declined for a checking account at any bank/credit union.

lrhall41

Submitted by waffles on Thu, 08/23/2012 - 12:24

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Chase Bank

I too had the same problem with overdraft fees at Chase and I am fighting them (o/d fees of 850.00 and total o/d of 1142.00). They closed my account and I have sent this information to the Consumer Financial Protection Bureau and opened up a case. I opened up a checking account with Bank of America, only to be told a week after getting my debit card, welcome letter, etc. that they closed it due to Chase reporting my closed account to Centrex.

lrhall41

Submitted by laura.malloy on Thu, 08/23/2012 - 12:49

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