fastbreakrob
New member
Anybody notice a huge increase in bad checks lately? Or is it just us? I’v gotten quite a few so far this month.
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Clarification: There is NO machine that “tells you instantly if the check is good or bad”. Due to Banking regulations it is illegal to access a persons Checking Account to verify funds (besides those funds may not be available to you because of outstanding checks). The Machine checks a Check writer against a Bad Check writers Database to determine if the Check Writer is listed. If the check writer is listed, the Guarantee Service you are using will decline the Guarantee.We leased a machine that works just like a credit card machine. Just run the check through the machine and it tells you instantly if the check is good or bad, if they want to pay by check on delivery we get their bank account number and punch it before the driver leaves. The machine rental is $15 a month and about 25 cents per check. This week we stopped a $50 check and a $40 check that were “bad”, so the customer just paid with their credit card.
we use cybercollectAnyone use companies like CyberCollect or Bounce Back?