LPT: If your bank suddenly closes your account and they won’t tell you the reason, check your CheckSystems report.
LPT: If your bank suddenly closes your account and they won't tell you the reason, check your CheckSystems report. I had this happen to a buddy of mine. He banked with Jp Morgan for 10 years, when his account randomly got closed. Could never figure out why and the bank never told him. He wasn't able to open a bank acccount for a couple of months at another institution either, so he was very frustrated. Most recently he figured out that it was because some gu...