July 21, 2009
Can a business accounts (corporation) be reported to chexsystem under personal social security number?
keepoff asked:
I closed my business, however, I left the business account open just in case I wanted to restart later. I told the merchant company to close my account and they did not and accessed my checking 2 times and caused overdraft fees. Anyone know my rights. An Inc. business is suppose to be treated seperately from an individual. The company had its own EIN and it was listed under the company name NOT mine. However, I was an officer on the account..
I closed my business, however, I left the business account open just in case I wanted to restart later. I told the merchant company to close my account and they did not and accessed my checking 2 times and caused overdraft fees. Anyone know my rights. An Inc. business is suppose to be treated seperately from an individual. The company had its own EIN and it was listed under the company name NOT mine. However, I was an officer on the account..


Comments on Can a business accounts (corporation) be reported to chexsystem under personal social security number?
Yes it is possible for them to report you and the business to chexsystems. I would pull your chexsystems report for both yourself and under the business to see what they say.
For more information on chexsystems and a free list of banks and credit unions that do not use chexsystems you can go to
Please note: our site is down at the moment but should be up in the next few days. Feel free to email me if you need any help
Simple, the bank will stir as much trouble for you as they can. Pay it off and go forward.