Related Services - The following company listings on the Debt Consolidation Loan Directory are offered to assist you with handling your credit card bills and other monthly payments. Also, in addition shop for other financial services ranging from credit card offers to home and car insurance.
- Debt Settlement Help - If you have too many credit cards and other small debts and are unable to make your payments, this form of debt negotiation may be right for you.
- Debt Management Credit Counseling - Too many credit bills for you to handle with your budget? Compare different programs and find the one that is the right match for your individual situation.
Bounced Check Definition
Define Bounced check (e.g., non-sufficient funds check or NSF check): The colloquial term "bounced check" refers to a non-sufficient funds, or NSF, check. In other words, the owner of the checking account has issued a check which cannot be honored at the bank (or cashed) because the checking account does not have sufficient or adequate funds to cover the cashing of the check. Bounced checks may also be known as bad checks, rubber checks, or dishonored checks.
In most states, even after a check has been "bounced" by the bank it remains a negotiable financial instrument. In other words, the recipient can attempt to cash the check a second time. Merchants and financial institutions usually charge hefty fees for bounced checks. In most states, deliberately writing a bad check is a crime. Bounced checks are usually turned over to a department which specializes in collecting funds through fairly aggressive means.
Debt Consolidation Glossary of Terminology
Index: B
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