Category Archives: Second Chance Bank Accounts

Bad Credit Loans

Bad Credit Loans Personal Loans understands people run into financial trouble from time to time.  They are happy to deal with customers who have poor credit scores and to find them a personal loan that suits their needs.

As opposed to a PayDay Loan or Cash Advance Loan, which can charge interest rates of over 200% and require payment upon receipt of your next paycheck, BadCreditLoans will find you a personal loan with a reasonable interest rate and a much longer term or pay back period.

The approval process for bad credit loans is very straightforward. You must be a legal citizen and an adult (age 18 or older). Basic, required information for the transaction to take place includes a valid email address, working phone number, and the bank account where you’d like the money transferred.  It’s that easy.  Don’t have a bank account?  Visit our second chance banking page for more information on how to easily open a Discover Savings account online (even if you are on Chexsystems or Telecheck).

Combining a fast loan request form and approval process with a quick delivery system makes the only way to go.  Start the process today!

Posted in Second Chance Bank Accounts

Scottrade Bank Accounts And Features

Scottrade Bank:
Scottrade may be best known for its online trading services, but be sure not to overlook Scottrade’s online banking services as a compliment to the Scottrade trading platform.

Scottrade Bank Accounts

Scottrade Bank provides a variety of different bank account options, including no interest checking, interest checking, savings, money market, and certification of deposits (CDs). Scottrade bank accounts offer conveniences like free online bill pay, ATM/Debit cards, and more.

Pay No Fees With Scottrade Bank!

The fees charged by most major banks can add up quickly. Scottrade online banking boasts NO fees and NO monthly maintenance fees on any banking products, including checking, savings, and money market accounts. Scottrade also does not charge fees for domestic ATM usage, and will reimburse fees charged by most third party bank’s ATM machines.

Scottrade – Single Source Convenience

All you need is a single login to conveniently access all of Scottrade’s banking and brokerage services. Plus, you can link your Scottrade bank accounts to your brokerage account for very quick and easy access to your funds. This can be particularly convenient for doing time sensitive trades. Scottrade’s interest bearing bank accounts are an excellent place to park your money when it is not actively being traded. The overdraft protection feature on your Scottrade banking accounts can also be linked to your brokerage account, for additional peace of mind.

Mobile App Services

Scottrade bank provides a robust mobile app that allows you to conveniently manage your bank accounts while you are on the go. In addition to making transfers, deposits and withdrawals, the app features mobile check deposit options for maximum convenience.

All of the Scottrade online bank account options provide the features we’ve outlined in this article, and more. Learn more about Scottrade online banking options, and start saving on your banking today.

Posted in 2nd Chance Banks, Second Chance Bank Accounts

Discover Bank: Rated 4th In the World For Quality

Discover Bank AccountDiscover Bank CashBack Checking Account - Save up to $120 a year

Discover Bank was the only U.S.-based bank to receive top ratings by Lafferty Bank Quality Ratings (LBQR) in a recent report.

Discover Bank: Ranked #4 Globally

Discover Bank received an impressive fourth place ranking, for quality and excellence in banking. Discover was one of 100 global banks that the Lafferty Group evaluated in its recent LBQR report. One hundred major world banks from 28 countries were included in the report, with the majority of banks receiving a rating of two or three stars. Discover, however, receiving four out of five stars.

The Lafferty Bank Quality Ratings reports take a unique approach, using the annual reports from the banks to consider both quantitative and qualitative aspects of the bank and its performance.

In response to the LBQR report, the CEO of Discover, David Nelms, said, “Receiving a top rating for quality is gratifying to us given the emphasis that we place on it at Discover… We are focused on being a leading direct bank and payments partner and believe that if we serve our customers well, then our shareholders will benefit too.”

We here at have been singing the praises of Discover Bank for years now. We are happy to see Discover receiving some of the recognition it deserves for its excellent service and product offerings, including Discover checking and savings accounts.

Discover Bank Savings Accounts

Currently, Discover Bank is offering some of the highest interest rates available on online savings accounts, more than 5x the national average. Discover savings accounts are currently paying 1.30% on all balances. Compare that to major banks like Chase, Citibank and Bank of America that are paying 0.01%. Discover Bank savings accounts also do not charge any fees for monthly maintenance, maintaining a minimum balance, incoming wire transfers, and more. Where fees are charged, they are significantly less than other major banks. A Discover savings account allows you to keep more of your money and earn more on your money.

Posted in 2nd Chance Banks, Banks with no opening deposit, Banks with Second Chance Checking Accounts, List of Second Chance Banks, No Opening Deposit Banks, Second Chance Bank Accounts | Tagged

USAA Bank Checking

usaa checking

Free USAA Secure Checking

  • No monthly service fees
  • Use any ATM nationwide for free
  • Bank anywhere with free mobile apps
  • Make deposits anywhere just by taking a picture of the check with our free app (for eligible members). Or, deposit checks at select locations of The UPS Store®. And our deposit-taking ATMs let you manage cash or check deposits.
  • Once you open a free Checking Account, you can open a USAA Secured Card® American Express® Card.
Posted in 2nd Chance Banks, American Express Secured Card, online banks with no credit check, Second Chance Bank Accounts | Tagged

Banks in Idaho with Second Chance Bank Accounts

Idaho Banks with Second Chance Checking Accounts Banks in Idaho with Second Chance Checking

A few banks in Idaho specifically offer “Second Chance Checking Account” programs, which means they’ll open an account for you even if you’re on ChexSystems as long as you’ve already paid any money owed. Some banks have other names for these banking programs, such as “Opportunity Checking” or “Fresh Start Checking.” Banks in Idaho with Second Chance Checking

To open a checking account through one of these special bank programs you must typically apply in person, and in many cases, the bank requires you take a class on how to balance your checking account and avoid overdrawing your account. 2nd Chance Banks Idaho

The best checking accounts you can open online with no credit check, no opening deposit and no Chexsystems are: List of Second Chance Banks

  • Discover Bank Open a Discover Bank savings account online instantly and earn a rate 5x the National Savings Average with a low opening deposit and access to your cash anytime.   Discover Bank also offers its customer the opportunity to open a checking account. To open a Discover Bank checking account, you have to open either a Discover Savings account or credit card. You have 30 days to make a deposit at a local branch or by setting up direct deposit. You can also make your opening deposit by mail.
  • BBVA Compass Bank – Open an online checking account with the new ClearConnect checking account.  The BBVA Compass ClearConnect Checking Account is a free checking account and offers customers the chance to open an online checking account for only $25. Enjoy no monthly service charges, free online and mobile banking, bill pay and online statements. The ClearConnect Checking Account has no ATM fees at any BBVA Compass or Allpoint® ATM. You’ll also receive a BBVA Compass Visa® Debit Card you can personalize with you favorite photo. Chance Checking

The banks on Checking Help’s List of Second Chance Banks in Idaho do not use ChexSystems or check your credit history. Most have short, online applications and do not require an opening deposit, as many other banks require. Consequently, you can open a checking account online and get an instant account number to set up direct deposit. Or you can mail in the opening deposit or, sometimes, use a credit card or prepaid card.

Sterling Bank offers Idaho residents the chance to open second chance checking accounts. To open such an account you must make an opening deposit of $100 or more and pay a $10 monthly service fee. But, in return, you will enjoy full banking privileges. Furthermore, you’ll earn interest on your second chance checking account balance, in addition to enjoying access to Sterling Bank branches in Boise and Meridian.

Yet, if you don’t have the money available to pay off your old, overdrawn bank accounts, even banks specifically offering second chance checking might not let you open a bank account. Your ChexSystem record stays on file for five years unless the information in ChexSystem’s report is inaccurate and you file a dispute. Even if you pay off your old bank account, you still have to make sure the bank sends a letter to ChexSystems requesting the removal of any negative information.

Applying for a Bank Account with Bad Credit

When you apply for a new bank account, some banks will also check your complete credit report and score. The credit check itself isn’t usually the reason banks will deny you a checking account. Banks tend to deny you a bank account, not because you have unpaid credit cards or a bad credit score, but because you bounced checks in the past or still have a negative balance with a previous checking account.

To prevent terrorism and fraud, the law requires all banks verify your identity in the form of a “soft pull” of your credit report. This means they only access your credit report to check that your name and address match up with your social security number. This is how the bank obtains the information that makes up the random identity confirmation questions during the process of applying for a checking account. A soft pull of your credit report won’t lower your credit score and doesn’t mean the bank can see detailed information about late car payments or bills in collection. List of Second Chance Banks

Still, banks requiring that your checking account is enrolled in overdraft protection, in the form of a bank-issued line of credit, will require you don’t have bad credit. The bank will conduct a “hard pull” of your credit report, meaning that the credit check itself will lower your credit score by two points. Our list of recommended national and local second chance banks in Idaho include banks that do not use ChexSystems or check your credit history.

Why You Need A Checking Account

Many employers today no longer bother issuing checks and, instead, require you have direct deposit. This can be an embarrassing situation if you need a bank account but keep getting denied because of ChexSystems; naturally, no one wants to explain to their new employer that they bounced checks at their last bank and can’t get a checking account.

Also, because ChexSystems works like a consumer credit reporting agency, if you try to cash a check, even at many popular retail locations like Wal-Mart, they will also run your identity through a check system such as Telecheck or ChexSystems and refuse to cash your check. Without a checking account, you’re usually left with the option of paying a higher fee and cashing your check at a check cashing store or currency exchange, businesses that profit from your past mistakes; the greater the amount of your check, the higher the fee a check casher will charge, making it even more difficult to get your financial house in order.

Posted in 2nd Chance Banks, Banks with Second Chance Checking Accounts, List of Second Chance Banks, Second Chance Bank Accounts, second chance banks in idaho | Tagged , , , , ,