Customers List (?)

Jewelry Discussion
1

I would like to know if anyone on orchid keep’'s a list of
customers who are bad credit risks or who have continued to pass
bad checks. I know that bad checks are part of the business but
if there is a list of people it might help all of us. If not I
would like to start a list I have two people to add.

Best Regards
Joe

2

I would like to know if anyone on orchid keep’'s a list of
customers who are bad credit risks or who have continued to pass
bad checks. I know that bad checks are part of the business but
if there is a list of people it might help all of us. If not I
would like to start a list I have two people to add.

Dear Joe:

There is a company called “Telechek” you can subscribe to that
lets you know if someone has a “history” of bad check writing. I
do not know how to contact them but most merchants use their
services so ask around…

DeDe

3

There is a company called “Telechek” you can subscribe to that
lets you know if someone has a “history” of bad check writing. I
do not know how to contact them but most merchants use their
services so ask around…

I use Telechek in my store. I can tell you on thing about them,
they are not cheap. My monthly charge runs about $70, which is a
minimum. I don’t presently take in enough checks to exceed the
monthly minimum. If you are interested, I have their number at
work and can give it to you tomorrow (Thurs).

BTW, I know the police in my town will chase after bad checks
for me. I don’t know if that is standard practice or if it’s
just because I’m in a small town. Also, joining the Jeweler’s
Security Alliance will keep you posted on traveling crooks,
complete with mug shots, aliases and descriptions.

Most people who pass bad checks are locals who can’t balance a
checkbook, so getting a list from all over the country probably
won’t help you much. One of our local convenience stores has a
bulletin board of checks that people have bounced in his store,
recommending that no one accept checks from those people. You
might talk to other local merchants to see if they keep a list
they would be willing to circulate.

Hope this helps.

Sharon

4 
I would like to know if anyone  on orchid keep''s  a list of
customers who are bad credit risks or who have continued to pass
bad checks. I know that bad checks are part of the business but
if there is a list of people it might help all of us. If not I
would like to start a list I have two people to add.

Joe:

I am a member of the Manufacturers Credit Cooperative. This is a
company based in Texas that reports to its members all of the
wholesale accounts that are late payers, no payers, insufficient
funders and other such deadbeats that plague the gift industry
(based on actual account experience of the members). They also
offer reduced collection fees and other services. One has to be a
member to participate and there is a membership fee.

So far everyone has always paid our invoices (knock on wood!!!)

I don’t know if you are referring to wholesale accounts or
retail customers.

Kenneth Gastineau
@Kenneth_Gastineau1

5

BTW, I know the police in my town will chase after bad checks
for me. I don’t know if that is standard practice or if it’s
just because I’m in a small town. Also, joining the Jeweler’s
Security Alliance will keep you posted on traveling crooks,
complete with mug shots, aliases and descriptions.

Passing bad checks (Aka: Paperhanging) is a federal offence in
the United States and is punishable by imprisonment, and perhaps
a fine depending on the state you live in. In this case the law
is always on your side, it doesn’t guarantee that you will find
the person who “hung” you, or that you will get paid if and when
the perpetrator is caught. We need something more.

Tim Goodwin
@tmn8tr