Chexsystems helps us to determine the risk associated with opening an account for the individual. The report tells us if there has been any negative activity or outstanding balances owed to another financial institution. If the report shows that money is owed at another institution, we are unable to open the account. 

The primary purpose of running a Credit Report is to run each individuals information through OFAC (Office of Foreign Asset Control) The OFAC check can help you confirm if a candidate is a potential threat to national security and if they are allowed to do business in the United States. 

The secondary reason for running a Credit Report is to evaluate their credit worthiness.