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Check Recovery made simple Bad Check recovery…Only pennies per item. Check Data Systems was created by industry professionals with combined experience of 35 plus years in the financial services industry. A key element to the success of any payday lender or check cashing company that deposits first party checks is the ability to recover that debt in a rapid manner while not having to allocate extensive time and resources to the collection task. Check Data Systems, in a joint effort with SCAN processors, has created an exciting new product specifically for check cashers and payday loan operators that provides you with the ability to report problem personal checks in minutes through our proprietary system. Once entered, the check is reported to SCAN via an electronic interface limiting the bad check writer's ability to cash checks at thousands of major retailers nationwide, as well as denying the customer the ability to open a new bank account in approximately 70% of the nation's banks. For pennies per check, you can now report your customer easily. Once the check information is entered into our data base via the web, your customer will make arrangements with Check Data Systems to contact you, the merchant directly to pay the debt. Then and only then will the customer's name and account information be removed from the SCAN database. Only then will your customer have the ability to write checks to 70,000 plus merchants and open a bank account. Not a collections company, no gimmicks, no hefty percentages. Check recovery assistance; quick, easy, and convenient with a simple approach.
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