The National Consumer Law Center and Cities for Financial Empowerment Fund released a report Monday that charged consumer reporting agencies such as ChexSystems and Early Warning Services with helping prevent millions of Americans from entering the banking system.

In the report, the National Consumer Law Center led an attack on what it claimed involves some credit unions' use of payday lending.

Is it time for credit unions to rethink the screening process for new checking applicants?
Yes. Stop the screening. Everyone deserves a chance. Maybe. We can use screen results as an alert. New members with bad ChexSystems scores could get probationary accounts for one year. No. We need some type of screening to weed out real fraudsters.  Other Please Specify:

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