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Why don't sponsors chase up uncashed checks?
I know there's an obvious answer, but I think it's time for a sponsor (or third party biller) to step up and say that they will actively hunt for checks which have not been cashed within a reasonable period of time.
I found a couple of checks from April that haven't been cashed, worth a total of about $700. If I hadn't come across them then that value would have remained a figure written on some paper. When enquiring about the process for reissuing checks one of the replies from a popular third party biller completely ignored my question about why they didn't actively monitor for unclaimed funds. |
wait a minute . .. . it is our responsibility to make sure you get paid on time, and now it is our responsibility to make sure you cash them?
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Simple answer, the checks expiire for the most part. Didn't cash it? Your problem. That would be a nightmare tracking hundreds if not thousands of outstanding checks.
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hahahahah baddog..so true
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the check is still good. People print void after 90 days but that is false. A check is good forever.
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We write out the check, Sorry but we dont have time to chase affilaites who recieve there checks but forget to go to the banks and cash them, Ive been gettign checks from a certain company that say void after 60 days, most are 90 day but this compay is doing 60 days
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Yes, in this case it was my fault, but what if it had been lost in the mail? Some programs don't even have a basic payouts page, so unless you receive a regular check from them you won't even know the check has been lost. |
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It is a nice idea but people like me would drive a program insane. I let my checks build up at times for months.
I also know many people who just never cash them due to their location and the check amount. |
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It's MY fault...I'm not gonna cry to the sponsor because of my own stupidity... This affiliate entitlement has now reached a new low with this thread. |
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thats why most of the checks have a 30 60 90 or 120 day expiration, i've never had a problem getting a check re-issued by a sponsor if i "forgot" to cash the check or lost the check
once the check is in your hands it's your responsibility to cash it... |
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They issued me a new one. |
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If I get a returned check I go thru hoops to contact the affiliate to make sure we have their current address, but I will be damned if I am going keep contacting people asking why they haven't cashed their checks yet. While we are on the subject, I sent out an email to all SexPicturesPass affiliates 2 weeks ago informing them that SPP Productions, Inc had moved from Indiana to California. We are closing the Indiana bank account on December 16, 2006. If there are any affiliates reading this that have outstanding checks, please have them cashed before then. Thank you. |
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We show in our stas page the payout's you have recieved so you can click it and see what checks we have sent you
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Unfortunately there are some programs that don't offer this basic information, and it's not always easy to figure out what you're owed from the sales stats. I have had mail lost before. :( All I was suggesting is that a program could run an occasional audit to find extremely old checks, like 6 months plus, that are likely to have been uncashed due to mail loss or some other problem. Banks supply electronic CSV data, right? |
We also have that feature in our stats area so you can view which payments have been sent.
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Because most of the time affiliates freak out of their checks are 30 minutes late. If the affiliate doesnt get paid, for whatever reason, the program will know. no need to track them down.
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