New and Improved Second Chance Banking Products Help Black Americans With Bad Banking History Get A Fresh Start
Currently over 70 million Americans need new checking accounts in this country. Of that number, many of these individuals are minorities, single parents, senior citizens and/or divorcees. The Dottie Marketing Group Consumer Club (DMGCC) has launched a nationwide marketing campaign, assisting those individuals who have been blacklisted by ChexSystems and/or TeleCheck, the official credit bureaus of the banking industry.
ChexSystems and TeleCheck are reporting agencies that provide negative banking information about individuals, according to their history with banks. This, in turn, can ban that person from opening a new bank account of any kind with another bank for up to seven years.
DMGCC helps individuals set up new checking accounts with one of three FDIC Banks that they represent. A bank ATM cash card is also provided for easy access to the checking account. This bank ATM card does not have a MasterCard or Visa logo on it. However, it is widely accepted at most ATM machines and retail stores everywhere.
For those who want a card with a major credit card logo, DMGCC also offers a MasterCard logo debit card with unlimited usage per month for a $9 service fee. This debit card is one of the first bank debit cards to offer unlimited usage for a flat monthly rate. This new card also accepts direct deposits, wired cash, and mailed-in endorsed checks with personalized deposit slips.
The administrative process for both of these Second Chance Banking products is fast and easy. An individual can get set-up online or through the mail. Same day service is now available through Paypal online or via MoneyGram Express Payment wire for $6.95.
There is no need of a ChexSystems/TeleCheck credit check, an initial deposit, or an interview with a personal banker. An applicant is guaranteed approval for both banking products, as long as they are 18 years old, have a verifiable home address and telephone number, and possess a valid driver's license, state ID, military ID or US passport.
The one-time processing/set-up fees for these Second Chance Banking products are as follows:
New Checking Account set-up fee, only: $69.00;
MasterCard logo debit card set-up fee, only: $49.00;
or for both, only: $89.00
Senior Citizens 60 and over do not have to pay a fee to set up a new checking account. Only proof of age is required when applying.
For further information about these new Second Chance Banking products, contact:
Debby Thomas, Marketing Director, (866) 418-0133, www.2ndchancechecking.net
To apply, call the marketing representative in your respective area.
* Denise - East Coast Representative: 1-877-924-5030
* Daphne - Southern Representative: 1-877-374-7844
* Krystal - Los Angeles Representative: 1-877-827-7633
* David - Northern California Representative: 1-877-243-0651
* Luanna - Greater West Coast Representative: 1-800-679-8082
* Kayla - Midwest Representative: 1-866-747-9831