Banking alternatives?

[bbcoach]

Any suggestions for someone with very bad credit and chex system issues for withdraw from pp, my current method is starting to be a problem with the more deposits I am making, I have searched and dont come up with much. Cant get bank accounts very easily, have tried a few credit unions, thought they may be easier, the few I went to also are using the chex system, thanks in advance.

[123]

Theres not that many inexpensive alternatives if your not able to open even a savings account. Probably better off just trying to purchase what you want online after the funds are cleared.

[rsot]

Any relatives?

Aside from that - there are a few bank options for low credit but fees are bad - think Accent is one.

[bbcoach]

Originally Posted by 123

Theres not that many inexpensive alternatives if your not able to open even a savings account. Probably better off just trying to purchase what you want online after the funds are cleared.

And you can survive that as a part of you income how? doesnt help and doesnt really make sense.

[bbcoach]

Originally Posted by rsot

Any relatives?

Aside from that - there are a few bank options for low credit but fees are bad - think Accent is one.

thanks will check it out

[123]

Originally Posted by bbcoach

And you can survive that as a part of you income how? doesnt help and doesnt really make sense.

Well not everyone uses there selling as there main income, and you didn't specify that you did. But now that I know you do your best chance is getting someone to open a savings account for you. Or you can go the more expensive root and transfer the money into another payment proccessor and add a banned savings account to that account, I imagine you have atleast 1 bank? but banned from paypal right? If this is the case then you can just add it to another payment proccessor. If you have absolutely no banks then this will be very hard task to do without paying alot of fees.

[bbcoach]

Originally Posted by 123

Well not everyone uses there selling as there main income, and you didn't specify that you did. But now that I know you do your best chance is getting someone to open a savings account for you. Or you can go the more expensive root and transfer the money into another payment proccessor and add a banned savings account to that account, I imagine you have atleast 1 bank? but banned from paypal right? If this is the case then you can just add it to another payment proccessor. If you have absolutely no banks then this will be very hard task to do without paying alot of fees.

I am running 5-6 stealth accounts right now, using prepaids, I dont like them but there may not be an option for me right now. I have been stealth like this for a few years, im not just selling 5-10 items a week, believe it or not its a full time operation, averaging $1000-$2000 per acct per month in sales, I do buy a lot of inventory off ebay and sell it to customers. I ran into a bad relationship 3 years ago and the screwed my banking and credit up very bad, its my fault, just looking for work-arounds.

[Jeak Custoe]

There has to be some company or some VCC that you can load with paypal. Does anyone know of anything like this to avoid transferring balances to the bank first?

[newtools]

try walmart money card to - GE bank acct though direct deposit.

[jbluntz]

You can also link a mailbox to each account, buy stuff and sell it on craigslist.

[Melissa1971]

Originally Posted by bbcoach

Any suggestions for someone with very bad credit and chex system issues for withdraw from pp, my current method is starting to be a problem with the more deposits I am making, I have searched and dont come up with much. Cant get bank accounts very easily, have tried a few credit unions, thought they may be easier, the few I went to also are using the chex system, thanks in advance.

You can request a check be sent but it costs $1.50 each time. I believe you have to wait a week or so to get it in the mail, maybe as much as 10 days. Then you can cash it at whatever bank Paypal uses

[jbluntz]

Originally Posted by Melissa1971

You can request a check be sent but it costs $1.50 each time. I believe you have to wait a week or so to get it in the mail, maybe as much as 10 days. Then you can cash it at whatever bank Paypal uses

Only problem is if it's a stealth account the name won't match, those are kinda hard to cash.

[wjs010]

netspend, upside, ready, and greendot worked fine for me.

[bbcoach]

Originally Posted by wjs010

netspend, upside, ready, and greendot worked fine for me.

How much are you running through them? greendot does work, but you can only have so many cards/accts.

[bbcoach]

Originally Posted by newtools

try walmart money card to - GE bank acct though direct deposit.

walmart is a dead issue and does not work for long, got them shutdown after about 2K in deposits. works great for a while, then done.

[bbcoach]

Originally Posted by jbuntz

You can also link a mailbox to each account, buy stuff and sell it on craigslist.

and your gonna make a living doing this how? not a bad idea for a small time acct, not for a full time operation.

[bbcoach]

Originally Posted by Melissa1971

You can request a check be sent but it costs $1.50 each time. I believe you have to wait a week or so to get it in the mail, maybe as much as 10 days. Then you can cash it at whatever bank Paypal uses

Ok, cashing checks in stealth names is not going to work, its not 1995, those days are over.

[jbluntz]

Originally Posted by bbcoach

and your gonna make a living doing this how? not a bad idea for a small time acct, not for a full time operation.

Yeah but if you don't have any other way to get your money out than that would be alot better than nothing. If you were selling high profit items on ebay then purchased high ticket items to sell on craigslist like say laptops it could be pretty doable.

[bbcoach]

Originally Posted by jbuntz

Yeah but if you don't have any other way to get your money out than that would be alot better than nothing. If you were selling high profit items on ebay then purchased high ticket items to sell on craigslist like say laptops it could be pretty doable.

Makes sense, I get money out, but I have so many accts, cant always get the job done, I deal in vintage stuff on some ids, so I buy off eb and resell on another acct, that works for now.

[MadSam]

Have you tried banks for people with bad credit? Like MetaBank, Zion, University Bank, etc.? The fees aren't actually that bad and specifically for people with bad credit.

[bbcoach]

Originally Posted by MadSam

Have you tried banks for people with bad credit? Like MetaBank, Zion, University Bank, etc.? The fees aren't actually that bad and specifically for people with bad credit.

do you mean actual banks or the prepaid cards that have the direct deposit option, like Zion, Metabank etc.