What is a bad check?

Poor inspection, also referred to as a referenced control or rubber check, refers to a check that is written in a check -up account that does not have enough resources to cover it. The inspection then returns and indicates "insufficient means" and the check "reflections", which means that the bank will not pay for check. Writing bad control is a crime and can be considered an offense or even a crime depending on the amount of check, the frequency with which bad controls and one's criminal history were written.

Writing poor control is considered to be a form of fraud. Banks can push fees at the first crime, although this practice is somewhat rare. It can be considered a federal crime that can be punished by considerable fines or punishment in prison. However, even if none of these things will happen, writing bad checks can still become a lot of money for pumping fees, not to mention the damaged reputation.

pump fees are charges charged to the account holder after NAPIt is a bad control. Any check that is written with insufficient accounts will be charged a pumping fee; This fee generally ranges from $ 30 (USD) to $ 50, but differs in various financial institutions. Since these pump fees are charged in the account, the account balance will continue to reduce and potentially cause even more controls. This can cause exponentially fees and poor checks.

There are ways to prevent writing poor checks on a check -up account. Some people have found that maintaining a "buffer" on a check -up account can help them remain within limits. For example, one could leave an extra $ 1,000 check account, but not to enter this amount to a checkbook. After all, even if the funds in the checkbook submergery under the balance, there will still be that an extra $ 1,000 USD to avoid dreaming of checks.

Of course the best way to prevent writing bad control is to leave careful wichesm about the check -up account. Be sure to write down every deposit and withdrawal, including the withdrawal of an ATM or automatic debit for paying accounts. It's easy to call a bank or check online to get an accurate account balance if you aren't sure. Then, when the bank statement comes every month, sit down and look at it and assign the checkbook balance to the statement to make sure there are no transposition errors or other errors.