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Federal Recovery Systems

 
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PostPosted: Sat May 03, 2008 11:28 am 

Need your help guys. I wrote a check today with Dollar General and it was declined. It stated it was declined by Federal Recovery Systems. Does anyone know if they are associated with Payday Loans? If so, will that give them my new acct#?
sfate




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PostPosted: Sat May 03, 2008 12:49 pm 

Did they give a contact number to contact someone with Federal Recovery Systems? I have never heard of them before that is interesting. Someone will be along shortly to advise you further.
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PostPosted: Sun May 04, 2008 12:16 pm 

Yes, I tried to call but I couldn't get through it is the weekend.
sfate




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PostPosted: Sun May 04, 2008 3:42 pm 

sfate, you can also post this on the banking thread or pm MCA. She knows quite a bit about this kind of stuff. I searched the wbe site and did not find anything on this.
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PostPosted: Sun May 04, 2008 3:56 pm 

Ia m sorry, but MCA is not ever around. I sent her a pm a while back and it never got answered. I also post my issue on the bank board and no respose
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PostPosted: Sun May 04, 2008 4:02 pm 

I am sorry, I did not realize that. Hang in there, I will look at something for you.
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PostPosted: Sun May 04, 2008 4:06 pm 

Sfate, I googled it and NOTHING. This is really strange. What number did they give you to call? We can try to go backward from there.
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PostPosted: Mon May 05, 2008 9:46 am 

MCA is actually around quite a bit - It may have been a problem with pm's . . . . If someone's box is full it may never have been delivered.
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PostPosted: Mon May 05, 2008 9:49 am 

Federal Automated Recovery Systems is a bad check collector. They are like Telecheck.

From what I've read they recover bad checks written to school districts.

Have you written any checks that bounced to any schools?

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PostPosted: Mon May 05, 2008 9:50 am 

Quote:
Federal Automated Recovery Systems (FARS)

FARS is a subsidiary of the Infinity Business Group of Companies. The system was formed to help educational institutions and organizations that accept checks to successfully recover those checks that are returned NSF or otherwise dishonored. View the brochure (pdf).

ASBA endorses this program and encourages school districts to become involved.

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