Are you a 'bank account abuser'?

By Marcie Geffner - Bankrate

If you've been flagged as a so-called bank account abuser by agencies like ChexSystems, you may find yourself locked out of the traditional banking system for several years, if not longer.

Are you guilty?

The answer might depend on the definition of "bank account abuse," which is not at all clear.

Banks, credit unions and other financial institutions report information about consumers' bank accounts to consumer screening and reporting agencies. These agencies -- which are similar to the big credit reporting agencies Equifax, Experian and TransUnion -- compile databases that financial institutions then use to help them decide who gets a bank account and who doesn't.

Read more: