CrossCheck Blog

A recent study by the Federal Consumer Financial Protection Bureau (CFPB) has determined that the issuance of credit cards has declined significantly since the start of the COVID pandemic. According to the study, the success rate of credit card applications dropped from 45 percent in January 2020 – the start of the COVID pandemic – to approximately 30 percent a few months later.

It is common knowledge that furniture sales spike immediately after the holidays as stores slash prices in preparation of new styles and inventory that typically arrive in January and February. When store owners put out the large “For Sale” signs, tie balloons to their front façade (not to mention placing the occasional inflatable sky dancer in the parking lot), they are hoping for a rush so they can clear out the sales floor ahead of new inventory arrivals.

John is a building materials supplier. He has just received a wish list of innovative materials from a general contractor who is building an office and lab for a tech manufacturer. John knows the wish list is expensive but is excited to be part of creating what promises to be a structure that will revolutionize the construction industry and hoist it into tomorrow.

All motorcycle manufacturers have been rejoicing as sales increased dramatically during the first half of this year, following an almost disastrous 2020. For instance, Italian manufacturer Ducati posted a 33% increase for Q1, while Harley-Davidson notched a 24% uptick for Q2.

A patient shows up at the dentist’s office in excruciating pain, needing an emergency root canal and eventual crown, both costly procedures often only covered at 60 percent by insurance providers. As a healthcare provider, the dentist sees the patient while the front office begins to crunch the numbers and tries to get confirmation from the insurance provider.

Average New Car Price Increases to $45K and Used Car Price Rises Above $25K It’s no secret that new and used car prices are on the rise. We've all heard the reports of used cars selling for higher than asking, but what about new cars? While used car prices are at record highs, some consumers may still be in the market for new vehicles. Recent reports from Kelly Blue Book have stated that the average price for new cars has risen to record highs of $45,000 and the average price of used car sales has risen above $25,000.

After months of hard work, the collaboration between many departments, and drinking copious amounts of coffee — CrossCheck, Inc. is proud to introduce the newly designed www.Cross-Check.com website! Launching a new website is an exciting moment for any company, but it's more than updated graphics and newly designed widgets. We wanted to make sure that returning users would experience the same functionality they've become accustomed to and new/returning visitors would have an easier time navigating the site. A few of the most significant changes we made were to the home page, the ISO & Resellers Portal, and the services/industries pages. We've updated these pages to be easier to navigate and we've consolidated the content. We've also added the CrossCheck Mobile Pay page to our website. CrossCheck Mobile Pay is an application that allows merchants to process/guarantee checks from anywhere with a smart device.

When it comes to finding modern ways to build passive income, using paper checks to create a new revenue stream might seem like a far-fetched idea. However, as an Independent Sales Organization (ISO) you can build a lifetime of residuals by connecting merchants with check services. For every lead you drive towards the company you're partnered with, you can receive a percentage of residual income for every closed sale. Income from a closed sale is paid for the lifetime of the account. You can depend on payments from established companies like CrossCheck, Inc. that haven’t missed a single payment to an ISO since its inception in 1983.

Whether the patient walks, gallops, flies, or leaps its way into the office, veterinarians care for a wide range of their customer’s beloved companions. Despite the best efforts of the vet and his/her staff, the result of animal care isn’t always what everyone had hoped for. The price of treatment can be a surprise when it comes to serious conditions and emergency pet care. If you add an unfavorable outcome, it could lead to payment disputes. Written checks are a widely accepted payment method by veterinarians. Customers can issue a stop payment on their check when a misunderstanding or dispute arises. Stop payments are difficult to collect especially if the consumer is unhappy about the result of their animal's care. Luckily, there are services available to protect your pet clinic from the pitfalls of stop-payment checks. Read below the break to learn more about the impact of stop payments and the services available to protect your veterinary practice.

For dentists, improving a patient’s oral health and watching them leave with a bright smile are indicators of success. Depending on the level of work involved those bright smiles can come with significant price tags. While big-ticket dental procedures are good for business, coming up with funding can be a challenge for your patients. To keep the success of your office booming, you will want to provide the right financial options for your patients and understand the best finance options available for dental offices. One of the best options available allows your patients with steady employment to pay those bigger bills over a specific period using multiple checks. When combined with check guarantee services this creates a win-win scenario for you and your patients.