Certegy Payment Recovery Services ripoff unauthorized transaction St Petersburg Florida

"It us up to the consumer to find out this information before writing a check." - This is what I disagree with. The reason most companies hide it, post the signs wierd places, etc and don't have you sign something expressly authorizing a debit for a nsf charge is because they know many people would take their business somewhere else than authorize electronic access to their checking account. In no other profession could you rely on this type of thing. They are trying to make a check payment a substitiute / agreement to a seperate legal document without even having you even sign the actual document to authorize such -

It would be like a contractor not having a client sign a construction agreement and telling the judge he simply "showed" them a copy of it, didn't have them sign it, didn't give the client a copy, and told them if they gave him a check they agreed to it - That wouldn't hold up in court

The signs in regards to having a check bounce should be reading that similar to this "By signing this debit, you authorize in the event that your check does return for Certegy to electronically debit your account for $25 or the maximum allowed by law in your state, in the event that the check does return." (Sorry, its been a long while since working there). By signing the check over, you are agreeing to those terms. (Game Stop, for example usually posts theirs on the front of their register or right on top the counter)

Unfornately, many companies do not post this policy clear and free, or do not post them visibly (without having to visit customer service etc). It us up to the consumer to find out this information before writing a check. Many people do not realize that the bank *and* the merchant may charge an NSF fee when a check/debit returns. Once Certegy receives a returned check or debit they may rerun it or debit the account up to two times to recover the amount that is due.

Hope this is a help