Re: Re: Re: Re: nonexistant bnk rprtd me 2 telechk I'M SURE GLAD I DON'T WRITE CHECKS AT ANY RETAIL BUSINESS!!!
Re: Re: Re: Re: nonexistant bnk rprtd me 2 telechk Been thinkin about this all day. CM brings up a good question. If Telecheck is NOT the CA for HER debt, and it was reported to TC, by an OC, does this provide an escape from FDCPA jurisdiction? My interpretation would be NO. Hmmm.... Whatcha yall think? .
You can order your chexsystems report online... I just did that last month, just to check it, and mine was blank....but showed the different categories they report.....plus shows the different bank inquiries that ask for your report. Is chexsystems the same as telecheck? You can look here: https://www.chexhelp.com:447/ChexHelp/chex/english/publik/index.htm and use the link to order your report.
Is chexsystems the same as telecheck? iambroke =============== Don't think they are . THE END ** *** ** LB 59 """"```--~~~~~~~~~--```'""'''
Well according to jam, telecheck and chexsystems are two branches of the same company--if I'm interpreting his post correctly. guess its something to start researching.... ETA: I dont really thing they're the same company....maybe i should have said 'entity'. I recently got my report from both telecheck and chexsystems. chex had nothing listed, and telechk had one thing. btw, telecheck's report has nothing besides the name of an out of business bank, and a non working phone number. NO account number, NO check number, NO reference number, NO bank address. Extortion anyone? ugh.
Re: Re: nonexistant bnk rprtd me 2 telechk One clarification, apparently ChexSystems is affiliated with a TeleCheck knock-off (SCAN) and not TeleCheck itself, however, both do CA, and CRA services. I've always heard of people saying the two companys names together. All the co-mingling of the three heads are the same, even though the names of the entities are different... If you're on ChexSystems no-no list, you'll get your checks denied at SCAN merchants, if your checks are returned to SCAN merchants, ChexSystems could act as the CA through ChexSystems CA, and if you try to open an account with a ChexSystems bank, or to try to do business with a SCAN merchant, chances are you would be denied. If you're on TeleChecks no-no list, you'll get your checks denied at TeleCheck merchants, if your checks are returned to TeleCheck merchants, TeleCheck could act as the CA, and if a bank or merchant checks TeleCheck chances are you'll be denied. The chances are is required because as we know, the CRA has no role in the denial (BS) yes, if they return a negative, we know 99%+ of the time its denied, but... ChexSystems "ChexSystems is also licensed to do business as ChexSystems Collection Agency providing debt collection services to members participating in that service." https://www.chexhelp.com:447/ChexHelp/chex/english/publik/about.htm ChexSystems Attn: Consumer Relations 12005 Ford Road Suite 600 Dallas, TX 75234 According to the BBB - Real Name - E FUNDS CORPORATION Additional Doing-Business-As Names: CHEXSYSTEMS, SCAN TeleCheck TeleCheck is a subsidiary of First Data Corporation "TeleCheck, a subsidiary of First Data Corporation, is a leading provider of paper and electronic check services, helping more than 352,000 retail, financial institution, grocery and other industry outlets increase profitability, reduce risk and streamline operations." http://www.firstdata.com/svcs_merch_telecheck.jsp Headquarters TeleCheck Services, Inc. 5251 Westheimer Houston, Texas 77056 According to the BBB - Additional Doing-Business-As Names: Account Recovery Services
Re: Re: Re: Re: Re: nonexistant bnk rprtd me 2 telechk TeleCheck is listed as a check guarantee organization, so it appears that they purchase all (or most) of the checks which are returned by their merchants, provided the merchant complies with their contract as to the procedures to follow on verifying a check.
Re: Re: Re: Re: Re: Re: nonexistant bnk rprtd me 2 telechk Who knows--they might. I suspect the reason Commerce Bank asked for your SSN was so they could look up the account. When a bank is bought, all of the accounts are transferred. One of my banks was recently acquired, and all of the account numbers will be changed, so the SSN would be the only way to cross reference the account. Another bank I deal with has been purchased three times and my account number never changed. Remember that banks are one of the entities that are allowed to collect your SSN, so using it to reference your account is legal.
Re: Re: Re: Re: Re: Re: nonexistant bnk rprtd me 2 telechk I really hate to leave this thread like this, with no 'ending'. I'm not sure why, but I started two TeleCheck threads. (maybe cuz i'm still a newbie). anyway, here's the other one that chronicles and updates the rest of what happened with TeleCheck: http://consumers.creditnet.com/stra...php?s=&threadid=53715&perpage=20&pagenumber=1 (I wish every thread had a beginning, middle, and end.)
