I was just talking to a very experienced Final Expense agent this week.
He told me that he rarely has charge backs and he told me that his secret is to set the payment date the day after they get their Social Security check.
He said if you set the draft date on the day they get their check, the draft may go through before the deposit of the Social Security check and this results in a bounced payment.
Anyway, I thought this was a really good idea to share with you and something you should consider doing yourself.
If they get their Social Security check on the 3rd, set the draft date for the 4th.
Jody