Frequently Asked Questions
This sounds too good to be true,
how can the service be FREE?
It is true, there is no sign-up
fee, no per check fee, no monthly fee or yearly fee, our service is totally
paid by the check writer
(the fee varies according to what is allowed in each State, usually $15.00-$25.00
per check). And the payee receives full face value of the check.
Is it legal
to collect the money from someone's bank account?
Yes, a check is a promissory note,
between two parties, where it is agreed that the Payee has the right to
a certain amount of money form the Check Writer, we simply turn the paper
check, into an electronic transaction. The check writer should to
be notified before writing the check, that we will collect our fee electronically,
and we provide the tools to do so.
We are regulated by the Federal
Reserve Bank, and if this service was not
legal, we would not be providing it.
Does the check writer get angry
when his or her account is debited?
Usually the check writer prefers
an electronic debit over a collection letter or a telephone call, and having
to submit cash or money order.
With Check Collect, the NSF problem
simply goes away without the embarrassment or inconvenience, because writing
a check without enough balance is usually an over sight . And because
of this service, the check writer will likely remain your customer.
When does the merchant get paid
We pay the merchants weekly, on
all items collected the week prior, not
in 30 or 60 days. We have been collecting the majority of NSF checks in
10 days or less.
What if I don't get many bad
With our service, there are no
minimums. We welcome small businesses as customers!
When I get a returned check
do I send it to Check Collect?
We will have your bank automatically
forward all your NSF items to our National Headquarters, this way
no time is wasted before collecting your money.
If you do that, how do I know
when I have NSF checks in progress?
We send you weekly reports, showing
all activity (collection in progress, and amounts paid). The
reports are sent via the U.S. Postal Service, or E-mail, which is the preferred
method, this way you are notified immediately of any activity.
I already have a check service.
Most of our present customers had
used other collection services, and in most cases, it costs the merchant
a part of the profit and alienated the customer.
Our service is Free and your customers remain your customers!
How do I get started with Check
Simply Download the Information Package which contains the literature, references and the three simple forms to get you started. The download comes in MS Word 97 Format (80K Zip File) Click Here
Do you need a FREE Viewer to read MS Word 97 files?
( Available for Win 3.1X, Win 95, Win 98 or Win NT ) Click Here
You can also Request The Mail Package, In that case I will "Snail Mail"
you a package containing the same literature, references, and the three simple forms
to get started immediately.