Bad checks
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
Bad checks (by NE [PA]) Oct 9, 2018 4:36 AM
       Bad checks (by razorback_tim [AR]) Oct 9, 2018 5:15 AM
       Bad checks (by S i d [MO]) Oct 9, 2018 6:07 AM
       Bad checks (by Robert J [CA]) Oct 9, 2018 6:54 AM
       Bad checks (by Deanna [TX]) Oct 9, 2018 8:02 AM
       Bad checks (by fred [CA]) Oct 9, 2018 9:25 AM
       Bad checks (by Laura [MD]) Oct 9, 2018 11:32 AM
       Bad checks (by Paulio [PA]) Oct 9, 2018 4:40 PM
       Bad checks (by Doris [OH]) Oct 9, 2018 5:41 PM
       Bad checks (by Livethedream [AZ]) Oct 9, 2018 9:24 PM
       Bad checks (by WL [CA]) Oct 12, 2018 7:42 AM
       Bad checks (by Still Learning [NH]) Oct 12, 2018 8:13 AM
       Bad checks (by Dan [NY]) Oct 12, 2018 4:39 PM

Bad checks (by NE [PA]) Posted on: Oct 9, 2018 4:36 AM

I don't usually run into many applicants with bad checks. How do you all look at bad checks charges when they pop up with prospects?

Bad checks (by razorback_tim [AR]) Posted on: Oct 9, 2018 5:15 AM

It tells me they either canít many their money or are just flat out to steal. Either way Iím not interested. I suspect they had ample opportunity to make the check good before charges were filed.

Bad checks (by S i d [MO]) Posted on: Oct 9, 2018 6:07 AM

One bad check in a year is a mistake. It can happen.

Two is borderline irresponsible/crooked.

More than 2? No thanks.

This is why I only accept money for rent....not checks. ;-)

"A check? You want me to write you a check? Oh, I thought you said you wanted MONEY! Sure, I'll write you a CHECK." - Jeff Foxworthy

Bad checks (by Robert J [CA]) Posted on: Oct 9, 2018 6:54 AM

One of my tenants that banks at Chase has an over draft line of credit. Every other month their check bounces. She get's charged a $25 over draft fee plus interest. The bank makes mistakes because when a check bounces, those fee's are even higher... They nickle and dime her to death. --47.156.xx.xx

Bad checks (by Deanna [TX]) Posted on: Oct 9, 2018 8:02 AM

A bad check is listed as "theft by check" in Texas, and it's a Class C misdemeanor if it's less than $500. It jumps to a two-year felony if they write 3 bad checks in a 5-day period.

Other Class C misdemeanors in Texas are public intoxication, gambling, disorderly conduct, most traffic tickets, criminal trespass, and minor in possession of drugs/alcohol.

Move #1 is to presume the person isn't honest-by-default in their financial dealings.

Move #2 is to look at when the theft-by-check occurred, how much it was for, and how many of them took place.

If they happened once back in, say, 2002, but things have been clean since then--- I figured they were going through a rough patch in life, and they've gotten their act together.

If they happened three times in 2017 and twice in 2018, then it's an ongoing problem and I won't have any dealings with them, period.

However, if I do end up taking them, I'm more likely to be more watchful in my dealings with them, and cut them less slack if they're ever in a work-with-me situation.

Bad checks (by fred [CA]) Posted on: Oct 9, 2018 9:25 AM

My rental agreement says: checks are acceptable, but if a check bounces, rent shall be paid by cash or cashier's check thereafter. Bank charges and late fee applied.

Tenants know it and follow it.

Bad checks (by Laura [MD]) Posted on: Oct 9, 2018 11:32 AM

Ditto Fred, after the first bad check I stop accepting them. Today so few folks pay with check, most do electronic transfer.

Bad checks (by Paulio [PA]) Posted on: Oct 9, 2018 4:40 PM

When someone writes a bad check in PA, the receiver has to notify them and give them time (I believe itís 10 days) to make good on it before they can file charges. If a prospect lets it go that far, it wasnít an honest mistake. If itís from a very long time ago with no other charges, then I might let it go. But if itís recent, nope. And no way if thereís more than one.

Bad checks (by Doris [OH]) Posted on: Oct 9, 2018 5:41 PM

NE, your post appears to be talking about people who are not tenants yet as you refer to them as applicants and prospects so I assume you are talking about an application or credit check fee to screen. We only accept cash for credit check, first month rent and security deposit, so no bounced checks.

Bad checks (by Livethedream [AZ]) Posted on: Oct 9, 2018 9:24 PM

I haven't taken checks in 20 years. Well, maybe 4 times. Way back when I had my little software company - we started out shipping on floppy discs. EVERY, SINGLE, personal check I got was no good. After about 30 we stopped taking them except from companies. No credit card, no sale.

I never collected on a single one. Most were out of state and impossible to prosecute. And not only did they steal my software (I developed a popular program for photographers) which cost $99. But then I'd get hit with like a $30 bad check charge, AND I had to pay the shipping.

With rentals they need cash for the deposit and first month. It really was never an issue. However in some states, like CA, you can't refuse checks.

Bad checks (by WL [CA]) Posted on: Oct 12, 2018 7:42 AM

Just had an applicant last night give me a security deposit of $1100 via check and signed the rental agreement. Told her til I got good funds aka cash, no keys. After she left, I got a call saying she had changed her mind and didn't want the apartment after all. Check No 1001 - brand new checks and I got the first one . . . Pacific Heights, anyone?

Bad checks (by Still Learning [NH]) Posted on: Oct 12, 2018 8:13 AM

WL - Nice catch!

Bad checks (by Dan [NY]) Posted on: Oct 12, 2018 4:39 PM

Certified funds only at lease signing. Iíll take checks, but once one bounces no more. Tenant deposits or they are on ClearNow.

Subject: RE: Bad checks
Your Name:
Your State:

Bad checks
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: