Thanks avid - Yes, we DO report info to Chex Systems - so I do need some type of verbiage on our new account disclosures, correct?

David, am I correct in my belief that the notice of negative information can be on the past due notices that go out to the loan customers and that this past due notice can be the first time the loan customer receives the notice of negative information disclosure? Our first past due notice goes out to the customer about 15 days prior to the negative report to the credit bureau.