Demand that Future Payments be by Certified Check Form - Ever get burned because someone sent you a bad check, one that bounced?
Well I have, and it’s no fun when you need the money to pay bills and/or people you owe.
Here’s a simple, quick solution to notifying customers for preferred payment.
Simply stated, the letter is a professional notice that all future payments need to be made by one particular method.
Although this letter specifically names certified funds, it is easily adaptable to name alternate methods of payment.
A review of your loan account indicates that you have had three checks returned unpaid from your bank.
While we regret having to take this action, we must insist that all future payments on your loan be made with certified funds. Any payment which is not certified will not be accepted and will be returned to you, possibly causing you to incur a late charge.
In making all future payments, please send them to the attention of [denote] for proper credit.
Your cooperation is appreciated.