HO Quickly Debiting Accounts: Beware!

[pkd09]

There was an earlier post alerting consultants that HO has sped up the amount of time they are debiting our accounts for shows....well, I made a deposit from a show on 3/10 and on 3/13 (3 days later) the money was debited from my account. This doesn't give any time if a check from that show has insufficient funds. Make sure you have a cushion in your account just in case.

 

[kaseydee]

When was your show? I always deposit my checks the very next day even if it means going to the bank more than once for a show.

 

[pkd09]

The show was 2/28 ... closed & submitted Mon. 3/9. On 3/10 I deposited the show in my checking account and also rec'd notification of a bad credit card from HO. Credit card issue was resolved yesterday 3/12...shipped today 3/13...debited from my account 3/13. That was fast!!!

 

[pampchefrhondab]

Wow, that was fast! Thanks for the warning!

 

[AnaCash]

Hi there! Thank you for bringing this to our attention. It's important for consultants to be aware of this change in the timeline for debiting our accounts for shows. It's always a good idea to have a cushion in your account just in case of any unexpected expenses. We want to make sure our businesses are running smoothly and efficiently. Thank you for the reminder to stay on top of our finances. Keep up the great work!