Have you been able to get a second chance checking account at First Merit Bank?
2 people have gotten a Second Chance Checking Account at First Merit Bank.
If First Merit Bank at 7021 Harvard Ave does not have Second Chance Checking, you can try checking out other banks in Cleveland.
Having your checking account directly into the negative and then not being able to pay it back is nothing somebody should have to go through. With stacking fees from Non Sufficient Funds charges, it might be hard to pay the cash back. If you are having problems getting a new checking account, you need to get a second chance checking account.
Whenever a bank provides you with a new checking account similar to this, they know that you have had some problems in the past with other banks. If you try to open an account with a bank that does not have this program, you will be denied a new checking account. The only thing they would let you open is a savings account, and that does not help that much.
When you have got personal problems with different banking institutions, they put your name on a list called chexsystems. It is a list that is used by all the major banks, and when you try to open a new account, they check it. It is somewhat similar to credit history, but it is not the same thing. Besides getting a no chexsystems checking account, getting a second chance checking account will be the fastest thing you can do to get a checking account.
You can obtain a second chance checking account, and sometimes banks will just take away a couple abilities to help make certain your account doesn't go into the negative once again. When you get a fresh start with a second chance checking account, make sure that you watch it very closely. You want to manage your account well, because if it goes into the negative even once, they will mostly close your account.
So to make things easier and not go into the negative with your checking account, you need to monitor all charges and write them down. When you write a check, you make sure you keep a record of it. Some people do not cash checks for weeks, and sometimes it can be easy to forget you wrote a 500 dollar check and that person didn't cash it yet. Then you end up thinking you have an extra 500 dollars in your account and you buy a few things.
The next thing you realize, the person finally cashed the check and you now have 4 charges that put your accounts in the negative. That could be 4 NSF fees. So along with your second chance banking account, you need to make sure you retain an eagle eye on all charges. You will not only develop faith together with your new bank, but you will get better at controlling your money.