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So, you’ve found a few banks in your area that don’t use Chexsystems. You’re ready to take the plunge and apply for a new checking account. But you still have a few questions. How will it be different from traditional banks you’ve used in the past? Will it be different at all?
Banks that don’t use Chexsystems aren’t exactly in short supply, but they may be difficult to find in your area. So, if you choose a bank to start to rebuild your banking record you might find yourself wondering where to start. If you relish the idea of making difficult or important decisions with the help of a pros and cons list, then you’ll appreciate this!
Right off the bat, banking customers with a history of indiscretions will be glad to find a bank that doesn’t use Chexsystems. But not all those banks are totally ignoring your Chexsystems report. While they may not make a decision about whether you’re allowed to hold an account based on your Chexsystems score, they are likely to run your Chexsystems report to weed out the more outrageous acts of imprudence.
Some Cons Associated with Banks That Don’t Use Chexsystems Should be Quickly Followed by a Pro!
While some cons are straight-up negatives with no way to place a positive spin on them no matter how hard we try, that isn’t true for all of the cons we’ve found about these banks. You have 5 years to wait for your Chexsystems report to be cleared of all indiscretions, so the best way to make those 5 years count is to make the most of your banking relationship.
- Con: They Can be Hard to Come By. It’s typical that banks that do not use Chexsystems are regional or online-only banks. But some bigger banks are joining the “second chance banking” game. Depending on how important a brick-and-mortar location is to you and your geographical location, you may not live near one of these banks and be forced to go totally online.
In that case, depositing cash and cashing checks would become an inconvenience. It’s something to be aware of when choosing a financial institution online so that you can ask before you open your account.
- Pro: Plenty of them Exist if You Know Where to Look. It could be argued that 100% of banks should be using Chexsystems. It’s a liability to take on a customer with blemishes in their banking history, right? But only 80% of banks are using them. That leaves plenty of opportunities for you to get your finances on track and build trust with a new bank that is taking a chance on you. At least you’ve got options.
- Con: The Accounts Often Come with Fees. If this is your first time applying for a checking account with a Chexsystems record or poor score in the system, you will want to be aware of this. You will encounter fees associated with maintaining your new checking account. These banks counter the liability of taking you on as a customer with the fact that they charge fees.
Maybe your debit card has a fee, or you have a monthly cost to keep your checking account open. The fees vary widely bank-to-bank and some are proud to offer NO FEES. So, if free checking is important to you, you’ll want to avoid banks that charge.
- Pro: You Don’t Have to Pay the Fees Forever. Depending on your bank, those fees will drop off after 6 months, a year, and in some cases 2 years of perfect conduct on your account. If your bank does charge these fees, you’ll want to ask about this timeline before you apply.
A multi-faceted Con:
Each Bank is Doing Things a Little Bit Differently Than the Others.
The most frustrating of all the cons found in banks that do not use Chexsystems may be the fact that each bank is enacting different procedures for protecting themselves from possible lack of payment or fraud. You will have to shop around to different banks to find the one that works for you.
- Fraud is Still an Issue for Many Banks. Even if your bank doesn’t use your Chexsystems score against you to stop you from opening an account, they can still run a Chexsystems report to ensure that you haven’t had fraud in your history. In that case, they will deny you then and there.
- Checking Accounts are not Available at Every Bank. Spending accounts are gaining popularity as some banks create and back companies that support people who are trying to build up their banking practices after a lapse in payment or fraud.
If checking is the most important part of banking for you because you want to eventually have a savings account and use your bank for investment advice in the future, then you’ll want to make sure your bank offers to check rather than a spending account.
- Checks May Not be Available to You. Banks that don’t use Chexsystems may run a Telecheck report on you. Telecheck reports determining if you are a risk to them if you are given the privilege of having paper checks at your disposal.
If the report doesn’t give them warm fuzzies, they can approve you for a debit card only. And many banks that don’t run Chexsystems, Early Warning Service (a service similar to Chexsystems), or Telecheck still don’t offer checks. This is a business practice that protects the bank from fraudulent check usage by its customers with a spotted banking past.
It can seem as if banks that don’t use Chexsystems are still attempting to hold you back from the fresh start you’re seeking. Having parameters placed on your accounts makes it feel like you’re not actually in control of your own hard-earned money that you willingly placed in this checking account. For more information check out the best banks that don’t use ChexSystems here: https://indebtedmom.com/banks-that-dont-use-chexsystems/
But when you look at the total picture and include the pros, keep in mind the promise of redemption that will occur after the 5-year Chexsystems record falls off. Maintain on-time payments of any overdraft fees and focus on creating an exemplary relationship with your bank. And within a few years the cons that once held you back from fully experiencing all of the services your bank could provide will be a thing of the past.
Scientists temporarily attached a pig's kidney to a human body and watched it begin to work, a small step in the decades-long quest to one day use animal organs for lifesaving transplants.
Pigs have been the most recent research focus to address the organ shortage, but among the hurdles: A sugar in pig cells, foreign to the human body, causes immediate organ rejection. The kidney for this experiment came from a gene-edited animal, engineered to eliminate that sugar and avoid an immune system attack.
Surgeons attached the pig kidney to a pair of large blood vessels outside the body of a deceased recipient so they could observe it for two days. The kidney did what it was supposed to do — filter waste and produce urine — and didn't trigger rejection.
"It had absolutely normal function," said Dr. Robert Montgomery, who led the surgical team last month at NYU Langone Health in New York. "It didn't have this immediate rejection that we have worried about."
This research is "a significant step," said Dr. Andrew Adams of the University of Minnesota Medical School, who was not part of the work. It will reassure patients, researchers and regulators "that we're moving in the right direction."
The dream of animal-to-human transplants, or xenotransplantation, dates to the 17th century with stumbling attempts to use animal blood for transfusions. By the 20th century, surgeons were attempting transplants of organs from baboons into humans, notably Baby Fae, a dying infant, who lived 21 days with a baboon heart.
With no lasting success and much public uproar, scientists turned from primates to pigs, tinkering with their genes to bridge the species gap.
Pigs have advantages over monkeys and apes. They are produced for food, so using them for organs raises fewer ethical concerns. Pigs have large litters, short gestation periods and organs comparable to those of humans.
Pig heart valves also have been used successfully for decades in humans. The blood thinner heparin is derived from pig intestines. Pig skin grafts are used on burns, and Chinese surgeons have used pig corneas to restore sight.
Kidney ready for transplantation from a live donor Image credit: wikimedia commons
In the NYU case, researchers kept a deceased woman's body on a ventilator after her family agreed to the experiment. The woman had wished to donate her organs, but they weren't suitable for traditional donation.
'Good could come from this'
The family felt "there was a possibility that some good could come from this gift," Montgomery said.
Montgomery himself received a transplant three years ago, a human heart from a donor with hepatitis C because he was willing to take any organ.
"I was one of those people lying in an ICU waiting and not knowing whether an organ was going to come in time," he said.
Several biotech companies are in the running to develop suitable pig organs for transplant to help ease the human organ shortage. More than 90,000 people in the U.S. are in line for kidney transplants. Every day, 12 die while waiting.
The advance is a win for Revivicor, a subsidiary of United Therapeutics, the company that engineered the pig and its cousins, a herd of 100 raised in tightly controlled conditions at a facility in Iowa.
The pigs lack a gene that produces alpha-gal, the sugar that provokes an immediate attack from the human immune system.
In December, the Food and Drug Administration approved the gene alteration in the Revivicor pigs as safe for human food consumption and medicine.
But the FDA said developers would need to submit more paperwork before pig organs could be transplanted into living humans.
"This is an important step forward in realizing the promise of xenotransplantation, which will save thousands of lives each year in the not-too-distant future," said United Therapeutics CEO Martine Rothblatt in a statement.
Experts say tests on nonhuman primates and last month's experiment with a human body pave the way for the first experimental pig kidney or heart transplants in living people in the next several years.
Raising pigs to be organ donors feels wrong to some people, but it may grow more acceptable if concerns about animal welfare can be addressed, said Karen Maschke, a research scholar at the Hastings Center, who will help develop ethics and policy recommendations for the first clinical trials under a grant from the National Institutes of Health.
"The other issue is going to be: Should we be doing this just because we can?" Maschke said. (VOA/RN)
Keywords: Transplant, Pig, Human, Kidney, FDA
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Developed by the Indian Institute of Tropical Meteorology (IITM), Pune, a Decision Support System (DSS) that extends the ability of the existing air quality early warning system (AQEWS) to have decision-making capability for air quality management in Delhi-NCR was launched on Tuesday.
The website for the DSS (https://ews.tropmet.res.in/dss/) is designed to help the Commission for Air Quality Management for NCR and Adjoining Areas (CAQM) by delivering quantitative information about the contribution of emissions from Delhi and its 19 surrounding districts; the contribution of emissions from eight different sectors in Delhi; and the contribution from biomass-burning activities in the neighbouring states.
These information would assist in managing the air quality in a timely manner, a release from the Ministry of Earth Sciences said.
The need was stated by the CAQM, which was formed by the Ministry of Environment, Forest and Climate Change, during a meeting held in January 2021.
Recently, the Commission reviewed the progress made by IITM and had in principle approved the current version of DSS for air quality management in the Delhi-NCR. The IITM has also developed a new website for DSS with the entire system made operational, the release said.
Union Minister of State for Earth Sciences, Jitendra Singh, while launching the website for AQEWS on the occasion of 'Azadi Ka Amrit Mahotsav' week organised by the Ministry of Earth Sciences, said, "DSS is a significant contribution to 'Azadi Ka Amrit Mahotsav' on behalf of MoES and IITM and suggestions are invited on this issue."
The website also has a feature whereby the users can create their own emission reduction scenarios (from 20 different districts, including Delhi) so as to examine the possible projected improvement in air quality in Delhi for the next five days.
"This information would explicitly highlight the most important emission sources responsible for the degradation of air quality in Delhi and suggest possible solutions to ameliorate the same. With a plethora of quantitative data, the AQEWS integrated with DSS could become a user-friendly tool for air-quality management in and around Delhi," the release said. (IANS/JB)
Keywords: Delhi, India, Pollution, IITM, Ministry of Earth Sciences
On the first day of the two-day meeting of BJP and Rashtriya Swayamsevak Sangh (RSS) leaders on Tuesday, discussions were held on important issues related to education and the National Education Policy-2020. Apart from senior RSS leader Suresh Soni, representatives of various organisations associated with the Sangh Parivar -- working in the field of education -- were present in the meeting in New Delhi.
According to sources, Union Education Minister Dharmendra Pradhan, who attended the meeting on behalf of the government, shared information related to the National Education Policy-2020 and the government's policy on important issues related to the education sector. Pradhan also shared details of the efforts being made by the government in the field of education.
Discussions were also held regarding the impact of the situation arising out of Corona and how much it has affected the education sector. In the meeting, the RSS leaders asked several questions and provided suggestions to the Union Minister regarding the education policy of the government.
According to the sources, RSS wants the policy to be implemented expeditiously. All aspects related to the policy were discussed in Tuesday's meeting. On the second and the last day of the meeting on Wednesday, special issues related to education will be discussed in which representatives of various organisations of the Sangh, Union Ministers and several BJP leaders will be take part.
Meanwhile, in order to convey its point of view to the government on various issues, the Sangh keeps on calling such coordination meetings related to specific issues, in which RSS representatives -- working in that particular area -- provide feedback to the government. (IANS/JB)
Keywords: BJP, RSS, New Education Policy, Education, India