Merchants are watching you!

Overdrafts can get you listed in a national 'bad check writer' database. Most merchants who accept checks belong to one of several national database systems. The most common are TeleCheck and SCAN. If you're in the 'bad check' database, then your check will not be accepted at any of the thousands of merchants who belong to the network.

Financial Institutions are watching you!

You can be listed in a national 'unwanted customer' database.Nearly all financial institutions belong to the ChexSystems network. If your account is closed for mismanagement, fraud or excessive overdrafts, then you will likely be reported to ChexSystems. Once you are in this database you may not be able to open any type of account at any institution for years.