DEFERRED PAYMENT PLANS
NO CREDIT NEEDED
How does Convert-A-Check work?
Convert-A-Check allows consumers to be able to defer their payments on their bills up to
12 months, based on their check writing history.
How does Convert-A-Check help my customers?
Customers that need to finance their purchases because they do not have cash in hand. A lot of customers do not have the credit to finance through finance companies therefore, by
deferring their payments with Convert-A-Check they have the ability to receive the goods or services today without having to pay for it in full.
How does the customer get charged for the program?
The customer gets charged by a convenience fee that we assess. We determine the fee by
the amount of the transaction and the length of time the customer would like to defer the
Is there any other costs to me for this program?
There is a cost to the merchant for the terminal that is needed to process the transactions;
additionally, after the first six months there is a monthly minimum if the merchant does not process $1,500 or more.
How would I do a transaction?
After you receive your terminal a Customer Relations person will assist you in installing the
terminal. Next, they’ll show you how to present the program to your customer, and perform
When should I offer Convert-A-Check to my Customers?
The best time to offer the program is at time you present the estimate to the customer,
especially if the customer asks if you have any finance options available.
How do I receive my money for my goods or services?
The merchant receives 100% of their funds 72 hours after the transaction is processed.
What is Convert-A-Check?
Convert-A-Check is a deferred payment program that allows consumers the ability to make monthly payments for either goods and or services that they would not have the ability to pay for, at time of service or sales.
How can I find out who offers Convert-A-Check?
More information is available at our website www.convertacheck.com. Visit our website and click on the Locator page. In addition to our informative website you can follow our latest happenings by visiting our Facebook page; connect with us on LinkedIn; and/or follow us on Twitter.
What do I need to qualify for Convert-A-Check?
An applicant needs to have an active checking account in good standing, a driver’s license or state ID, a source of income and SSN or TIN. So long as an applicant has not been flagged on a negative data base for having had numerous NSF’s, chances are they will be approved!
Will it affect my credit by using Convert-A-Check?
No, using Convert-A-Check will not affect your credit. We are not issuing a line of credit or a
loan; therefore, it will not affect your credit.
How long can I defer my payments?
We have programs for 90 days, 6 months & 12 months depending on your needs.
How much do I have to put down for a deposit?
You only have to put down 25% of the total invoice after all warranty fees.
Can I pay off the payments early?
Yes you can pay your payments early, and there are no prepayment penalties; however, you do you do have to pay the balance in full.