Nowadays, it can be really hard to find a bank that doesn’t use credit reporting agencies in Utah. But have no fear! Other options might be even better. A second chance bank account is a version of a standard checking account offered by a financial institution that doesn’t work with a credit reporting agency like EWS or ChexSystems. The bank can still check your history, but because it is a second chance bank, it offers an account with a slightly higher monthly payment.
At the end of the day, it’s not about giving out a loan or mortgage, but about letting you manage your funds!