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I just did the math and if my 4th grade teacher (the last grade i can remember anything from) taught me good..... my bouced check percentage is only 8% And i get on average 3.22 check sales a day, so it's not a big hit on me....
Is my case a rare?
My personal opinion is that the majority of the checks that bounce are a complete fraud transaction from the begining.....
i.e. bogus bank info, etc.
And if i'm right, there's really nothing that can be done with the current check system (at least the one ibill uses)
One thought though..... I was at burger king the other day, wrote them a check and they ran it through some fucking machine that voided the fucker and supposidly took the dough out of my account instantly...... and if that thing really does what it says it does, then why doesn't ibill, and other processors adopt something like that.....
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