According to the Federal Trade Commission they are considered a consumer reporting agency, as specified in the Fair Credit Reporting Act.
They collect, store and report consumer information relating to check transactions and bank accounts.
Also, Telecheck activities are governed by two federal laws because they collect and sell consumer information, and also collect debts.
To get a FREE copy of your telecheck report
When you request a report from chexsystems, ews, or telecheck, avoid giving them any information that is not absolutely necessary.
For example: if they ask where you work and for the address, phone etc,. I would not give them the number. Tell them you are currently unemployed.
If they ask for current checking account information. Simply say you have none. Do not volunteer any information
TeleCheck, a FirstData company, operates check verification and risk analytics services for retail stores, utilities and other organizations. For most people, their first awareness of TeleCheck might come if a cashier reports that a check transaction has been declined. The cashier will then give the customer a "courtesy card" with a contact number for TeleCheck, a seven-digit record number for the transaction, and a code to help TeleCheck determine the reason for the decline.
Telecheck unlike chexsystems will remove you once the vendor confirms that the debt has been paid. (Otherwise, records of unpaid check debt stay on your TeleCheck profile for seven years.)
1800-telecheck