New York, NY: If you have a checking account that doesn’t tend to carry a lot of money, you may have noticed some fees charged to the account that you did not authorize. Take a closer look and you may discover you’ve been charged for check re-presentment. Check re-presentment occurs when a declined check is sent to a third party and that party then re-presents the check to have it processed once there is enough money to cover the check. The problem is that the third party isn’t known to the check writer, and may be going into the check writer’s account to withdraw fees that were not authorized.
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