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Bad Checks On The Rise
With over 180,000,000 people having checking accounts, the number
of checks accepted increases each year. Along with this increase
in checks comes an increase in the number of bad checks received
each year. Bad checks are a challenge for most any type of business.
Let NSF Collect can help solve this challenge. |
U.S. consumers wrote more than 1.2 million bad checks daily in
1999.
Neilsen Report
Jack Walton of the Federal Reserve has stated that 1 percent of
all checks bounce.
Bad checks from consumers totaled $55.8 million dollars per day
in 1999.
Between 2000-2005, ACA expects the amount of checks processed will
increase by 18%
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