Re: Re: Re: Re: Re: Help! My check was denied at mall! You better look out George. You are only 66 points short of having the mark of the beast for your FICO score.
No, GEORGE is past the number of the beast. Note that he says 125 points to the 800 club. All I can say is--GEORGE, DON'T LET YOUR SCORE GO DOWN 9 POINTS!!!!
Re: Re: Re: Help! My check was denied at mall! 1*We had telecheck deny a check once based on our check numbers. 2*They said the numbers we were using where too low. mark ================== 1*Had a local grocery store try that stunt with me once but it didn't work with me. 2*They tried to refuse my check because the number was under 300. ~~~~~~~~~`````````````~~~~~~~~~~~~~~~~~`````````````______------- I just reached into my bill fold and took out a spare that I carried. The number on it was in the 600s. I ask the check out girl if she could take that check and of course she said yes'. My next question was why should I write you out another check from the same checking account when I already have the other one filled out.? When I showed her that the same information was on both checks she didn't know what to say and took the first check. Good thing she did because at that point she only had 2 choices - take the check or restock the groceries as I would have walked out and left the groceries on the counter. The END ************************* LB 59
Re: Re: Re: Re: Help! My check was denied at mall! Like how to screw up your accounting and bounce more checks by ordering all your checks with the same check numbers on them. bbauer ================ I thought this thread was about refused checks not bounced checks. There is a difference ya no. LOL I didn't say order all checks with the same number on all of the checks. I said order 4 boxes of checks and start each box with the same starting number. This is different also. LOL The END ************************* LB 59
Re: Re: Re: Re: Help! My check was denied at mall! OH NO...THEY ARE GOING TO BOUNCE CHECKS ALL OVER TOWN NOW! =============~~~~~~~~~================ Sounds like the same logic as credit reports and car insurance and the Fico and credit don't it George? The END ************************* LB 59 Me thinks they're all suffering form an over dose of numbersim.
Re: Re: Re: Re: Help! My check was denied at mall! [quote[Like how to screw up your accounting and bounce more checks by ordering all your checks with the same check numbers on them. bbauer ================ I thought this thread was about refused checks not bounced checks. There is a difference ya no. LOL
Re: Re: Re: Re: Re: Help! My check was denied at mall! 1*I do that with out using the numbers that are on the checks anyway.
Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! Takes too much money to fund them any way: LOL
Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! Barter system works best, never had pig bounce.
Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! I've used different barter systems for many years but not any more. They can work sometimes.
Re: Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! Happens all the time at the Playboy Clubs.
Re: Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! Yes, and they do it all the time. and their ilk are credit bureaus so if the merchant runs your check through one of them then he has pulled a credit report. Bill Bauer ================== I folow you on this: but what i'm questioning is does this give Telecheck a permisable purpose to pull a report from one or more of the big three? The END ************************* LB 59
Re: Re: Re: Help! My check was denied at mall! Strange, but like I said, tomorrow all Hell will probably break loose. OnTheBayou ================== They are so busy with everyone else they haven't had time to get to you. YOU LUCKY DOG ~~~L O L >>
Re: Re: Re: Re: Re: Re: Re: Help! My check was denied at mall! I really don't know. I suppose that it very well may be something that would have to be disputed to find out. Off the top of my head I would say that since one did not apply for credit nor do business with the check reporting system it may very well not be a permissable purpose.
I looked it up, and it appears they compile their own database and have their own 'model' for acceptance they match against the Telecheck internal info. But enough from me here's stuff from their website http://www.telecheck.com/Home/home.html Quoted from above sites: Accepting checks means risk. And with the phenomenal growth of electronic commerce, the need for a reliable, cost-effective way to reduce the risk of accepting checks is greater than ever before. Thatâ??s why so many businesses are turning to TeleCheck. *********************** and their sales pitch from http://www.telecheck.com/Products/verification.html TeleCheck® Verification Services. A Verification Service 35 years In The Making. TeleCheck has built the most sophisticated check acceptance system in the industry. Because TeleCheck has the highest approval rate in the industry today, merchants can accept more checks, which leads to increased sales, higher profits and greater customer satisfaction. This can help identify good check writers quickly, resulting in a more liberal check acceptance policy for your customers, and faster turnaround for you. Our data base is on-line and continually updated so it promptly captures bad check activity as it occurs. The data base includes information from over 210,000 retail locations, plus information from financial institutions regarding accounts that have been closed, and check writing and driver's license information from across the country. This service is frequently used in combination with our Recovery Services. Billions Of Dollars, Millions Of Transactions. Our risk management system has been built from models created by examining literally billions of dollars and hundreds of millions of transactions. But unlike competitive models, which may use only velocity turndown systems, ours is unique. Here's why. Negative alone stop only about 20-30% of bad checks. Velocity turndowns are designed to handle the other 70-80%. Unfortunately, good check writers often exhibit the same habits as bad ones. TeleCheck's modeling system features a unique predictive element , based on 20 different variables, that helps alleviate this problem. And it's flexible - you simply determine the level of risk that's appropriate for you. With our unique risk management system, you can maximize sales and customer service while minimizing risk and cost. Plus, with the Eclipseâ?¢, our unique, new, payment terminal, you'll find that accepting checks is as easy as taking credit cards. ************************* It sounds like all the low check # and 'other turndown' weirdness could be explained by each check clearing houses' version of a modeling system of check writer behavior.
Re: Re: Help! My check was denied at mall! Uh ... boy do I have a problem with that. Butch, What's your problem with that? I can see a few myself. The END ************************* LB 59
Re: Re: Help! My check was denied at mall! Uh ... boy do I have a problem with that. Butch, What's your problem with that? I can see a few myself. The END ************************* LB 59
