Carlos Scarpero www.ItsAboutResults.com
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Untitled Document
Merchants lost $237,500,235,150 to bad checks last year
How much did you lose? Even $1 is too much!
Free Service Collects Your Bad Checks
Announcing….a new website dedicated to collecting your bad checks. FreeNSFrecovery.com..
Due to recent regulations approved by NACHA (National
Automated Clearing House Association), we
are able to offer this service to you at no cost. That's right, it's
completely free! There are no expensive terminals to buy or complicated contracts
to sign. We do this through a revolutionary new system called electronic re-presentment.
You get the full face value of your check. According
to a recent article, "NACHA
(National Automated Clearing House Association) projects that the rate of successful
collection could increase by 25 to 50 percent"
(as a result of electronic re-presentment).
Read
the full story
These are some of the benefits to you of using electronic re-presentment
- Improves Collection Results By As Much As 50 Percent
- Faster And More Efficient Than Paper Process
- Lower Bank Fees, Eliminates Second And Third Bounce Charges To Merchant
- Small Value Checks Can Be Collected Cost Effectively
- Merchant can keep track of checks in the recovery process
- Collected funds are automatically deposited into merchant's account
- Electronic Items Have Priority Over Paper Checks
These are some benefits for the check writer
- Won’t ruin check writers credit
- No hassles from overaggressive collection agencies
- No embarrassing phone calls from merchant
These are some frequently asked questions about our service
- Is this really free? How do you make money? It is
100% free to you. We make money by collecting a bad check fee from the check
writer. This fee is set by state statutes and varies from $25-$30. We collect
all fees from the check writer. We don't collect our fee until you are paid
in full.
- How long has electronic re-presentment been in effect?
The industry started in September 1999. Interesting
quote: ..."NACHA (National
Automated Clearing House Association)
projects that the rate of successful collection could increase by
25 to 50 percent" (as a result of electronic
re-presentment). Read
the full story
- Are there any checks that cannot be collected electronically?
YES Per NACHA guidelines, Business Checks,
Payroll Checks, 3rd Party Checks, Checks over 180 days old, and checks that
are over $2500.00 cannot be processed electronically. They are, however, eligible
for Free
Secondary Collection.
- How will my customers react to their checks being collected
electronically? A Hot Check is one of the most embarrassing and
frustrating things a person can go through. With Electronic Check Collections
there is no embarrassment. So, while they don't like having to deal with a
HOT CHECK, Electronically is still the preferred method.
- Is there anything I must do to comply with the re-presentment
laws? YES You must post all proper notifications,
which we will provide to you at no charge. Or you can have them sign either
a contract, invoice, receipt, or by stamping the back of the check with the
proper verbiage and having the check writer sign it. This is the law!
- What happens if I want to stop using your service?
While we would miss you as a customer, you can cancel anytime. There are no
cancellation fees. We think that once you try our service, you will not want
to leave anyway.
- You guys aren't the only ones in this industry, why should
we choose FreeNSFrecovery.com?
We all go through the same banking system, so it works pretty much the same
no matter who you go through. It really comes down to policies. We have a
collection policy regarding our service that is different than our competitors.
Most of out competitors will charge the check writer for the NSF fee first
and then collect for the merchant. We feel that our clients should have top
priority. We do the opposite. We get your money FIRST and then we worry about
our fee. WE WILL NOT MAKE A DIME UNTIL YOU ARE PAID
IN FULL. Because of this policy, you will receive
faster collection and a higher percentage recovered. Additionally,
we offer Free Secondary
Collection though one of the top law firms in the country, which many
of our competitors do not offer.
Sign up is easy: It takes just 10 minutes. Visit www.FreeNSFrecovery.com
for more details and an application.
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