According to the most recent Nilson Report ratings of U.S.-based check guarantee companies, National Check Trust is the 6th largest check guarantee company in the country. Additionally, the average check guaranteed by NCT is $750.00, which illustrates our commitment to specializing in guaranteeing large checks as opposed to small retail checks.
Many of our competitors guarantee checks in the neighborhood of $50.00 on average. By focusing our check guarantee and payment solutions service on checks in the $750.00 range, we are able to offer our clients lower rates. Like any insurance company, big companies always pay for the losses of the smaller companies; thus, NCT competitors who guarantee $5 checks have much heavier losses and need the large companies with checks $750.00 and above to pay for those losses.
NCT’s commitment remains offering the most reliable check guarantee and payment solutions service at the lowest rates possible with unparalleled customer service. The latest releases from The Nilson Report illustrate that continue to be on the right track in doing so.
Follow the link for more information from The Nilson Report. (Note: subscriptions are required to view the majority of their issues, charts, and graphs.)
Tags: check guarantee company, guarantee companies, nilson report, retail checks, unparalleled customer service