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Re: chexsystems are evil bastards


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Posted by Bill Bauer on December 08, 2001 at 13:28:09:

In Reply to: chexsystems are evil bastards posted by anonoymous on December 08, 2001 at 13:19:19:

Why on earth are people so put out by Chexsystems and Telecheck and all the rest? Those are all credit reporting agencies just like any other credit reporting agency and they are just as liable under FCRA as any other credit reporting agency. In addition to that they attempt to collect the checks and extra fees on top of that so they are also liable under FDCPA for their actions just like any other 3rd party collector.
They cannot collect more than the face value of the check for the simple reason that they have no contract with the writer of the check. Having no contract and having performed no service for the writer of the check, their only recourse for the collection of the check is through the merchant with whom they do have a contract for the collection of the check and he is limited by state law as to the amount of extra charges he can tack on. So you can run them off and force them to stop reporting you at all as well as make them forget about collecting anything at all for their violation of your rights. You just have to learn how to force them to respect your rights and leave you alone. Quit being suckered in by these boobs. That's what I do is teach people how to defeat these criminals and make them pay the price for their crimes.





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