Most people that have been reported to Early Warning Services (EWS) consider is far worse than being reported to ChexSystems. EWS was created by major banks including Wells Fargo, Capital One, BB&T, JP Morgan Chase, and Bank of America to prevent fraud and reduce risk. While companies such as ChexSystems and TeleCheck focus on keeping records of people who mismanage bank accounts with overdrafts or writing checks on closed accounts, EWS focuses on fraudulent activity. Its database tracks consumers’ negative interactions with banks, as well as activities such as bank fraud, forgery, check kiting, check alteration and counterfeiting. Once you have been reported to EWS is difficult to be removed. Generally the report will remain for 7 years. There are some that have disputed and were successful but not many. If a bank uses EWS to determine if an account can be opened and they find you are reported, it is next to impossible to be approved.
The same as ChexSystems, you are allowed to have a free copy of your report once a year. EWS is subject to the Fair Credit Reporting Act, an important consumer law enforced by the Federal Trade Commission, a government consumer protection agency. The FCRA protects consumer rights by allowing you to review your report and dispute incorrect items. Order your free copy of your EWS report by downloading an identification form on the EWS website or by contacting the company by phone at 800-325-7775, by fax at 480-656-6850 or by mail at:
Early Warning Services, LLC
16552 North 90th Street, Suite 100
Scottsdale, AZ 85260
Fill out the form, sign it and mail it with a copy of a government-issued ID. They will insist on having a copy of your ID. DO NOT give them a new checking account number if they ask for one.
How to Dispute an Item on Your EWS Report
If you find any errors, dispute them directly with the bank. File a dispute with EWS, too, following the instructions on the report. If EWS denies your dispute and refuses to remove the contested information, exercise your consumer rights by sending a rebuttal statement to add to your file.
If you are reported to EWS and have to wait out the 7 years, I suggest you find a bank that does not utilize this system to open an account at.
Copyright © 2020 Checking-Plus - All Rights Reserved.
This website uses Google Adsense, a Web-advertising-service of Google Inc., United States (“Google”). Google Adsense uses “cookies” (text files) that are stored on your computer and allows an analysis of the use of this website by you.
Google Adsense also uses so-called “Web Beacons” (small invisible images) to gather information. Through the use of Web beacons simple actions such as the visitor traffic to the website can be recorded and collected. The information generated by the cookie and/or Web Beacon is information about your use of this site (Url), including your IP address and will be transferred to a Google server in the U.S. and stored there. Google will use this information to evaluate your use of the site in order to show and compile reports on website activity and ads for website operators and providing other services with website and internet related services. Google may also transfer this information to third parties where this is required by law, or where such third parties process the information on Google’s behalf. Google will not associate your IP address with any other data held by Google. By using this site you agree to the processing of data about you by Google in the manner described, and agree to the aforementioned purpose.
Powered by GoDaddy Website Builder