Comparison

eCollect of Ohio is one of the fastest growing companies in the field of electronic redeposit services

WHY?

   eCollectofOhio
Competition
Verify funds with banks five days a week                                                  Verify funds only on traditional paydays (Fridays, 15th & last day of the month)
Verify funds until customers requests to stop or up to legal limit (180 days) Verify funds only for 2 or 3 weeks
Handle all types of checks (NSF, closed accounts, stop payments) Handle only NSF checks. Closed accounts & stop payments are returned to customer
Permits customers to selectively determine which NSF checks to be processed electronically Requires all NSF checks to be processed electronically
Checks not successfully redeposited, closed accounts & stop payments turned over to collection agency for further action. Collection agency charges no fee or % of check. May work with collection agency that will charge a fee or % of check.
Redeposit rate - 95% Redeposit rate - 75%

eCollectofOhio	Competition

Verify funds with banks five days a week	Verify funds only on traditional paydays (Fridays, 15th & last day of the month)

Verify funds until customers requests to stop or up to legal limit (180 days)	Verify funds only for 2 or 3 weeks

Handle all types of checks (NSF, closed accounts, stop payments)	Handle only NSF checks. Closed accounts & stop payments are returned to customer

Permits customers to selectively determine which NSF checks to be processed electronically	Requires all NSF checks to be processed electronically

Checks not successfully redeposited, closed accounts & stop payments turned over to collection agency for further action. Collection agency charges no fee or % of check.	May work with collection agency that will charge a fee or % of check.

Redeposit rate - 95%	Redeposit rate - 75%