#029 Understanding the Check System: What Banks Look for in Your Financial Relationship
Have you ever been denied when trying to open a bank account and thought, “But my credit score is good—what happened?”
In this powerful episode of our Monday Live series, Aline Clarke, founder of Green Wealth Legacy, breaks down the hidden side of banking that many people have never even heard of: the internal banking system. You’ll discover:
💳 What ChexSystems, Early Warning Services (EWS), and TeleCheck are—and why they matter just as much as your credit score
📉 How negative bank activity like overdrafts, bounced checks, and early closures can impact your ability to open accounts
📈 What a good internal banking score looks like (hint: 600+ is your goal!)
🛠️ How to pull, read, and fix your banking history reports—just like you would your credit report
🛡️ Why opting out of these systems can protect you from identity theft and give you control over what banks see
💡 A special tip on Second Chance Checking accounts and how they can help you get back on track if you’ve been denied.
This episode is packed with the kind of financial empowerment Green Wealth Legacy is known for—real strategies, real talk, and real results.
📝 Resources Mentioned:
Pull your ChexSystems report: consumerdebit.com
Pull your EWS report: earlywarning.com
Pull your TeleCheck report: firstdata.com/telecheck
Looking for a supportive space to transform your relationship with money? The Guilt-Free Spending Group is designed for high-achieving women who are ready to:
💡 Build financial resilience and confidence.
✨ Create healthy, sustainable money habits.
🌱 Shift from scarcity to abundance.
Inside, you’ll find free tools like the Mindset Money Map and The Budget Toolkit, expert guidance, and a community of like-minded women cheering you on every step of the way.
Be sure to answer the membership questions so we send you your entry gift right away.
Join here: http://www.facebook.com/groups/guiltfreespending/
Free Money Management Resources just for YOU: https://www.greenwealthlegacy.com/resources
The Legacy Blog: www.greenwealthlegacy.com/blog
Let's Stay Connected!
Website: www.greenwealthlegacy.com
Facebook: www.facebook.com/greenwealthlegacy
Instagram: www.instagram.com/greenwealthlegacy
LinkedIn: http://linkedin.com/Green-Wealth-Legacy
Pinterest: www.pinterest.com/greenwealthlegacy
