content: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C.  20549
  
  
               ------------------------------------------------------
                                      FORM 8-K
               ------------------------------------------------------
  
  
  
                                   CURRENT REPORT
  
  
                       Pursuant to Section 13 or 15(d) of the
                           Securities Exchange Act of 1934
  
  
  Date of Report (Date of earliest event reported) November 10, 1999
  
  
  
                    ELECTRONIC CLEARING HOUSE, INC.
               (Exact name of registrant as specified in its charter)
  
  
  
  NEVADA                             0-15245                       93-0946274
  (State or other jurisdiction     (Commission                (IRS Employer
   of incorporation)                File Number)               Identification
  No.)
  
  
  
  28001 Dorothy Drive,    Agoura Hills, California                   91301
     (Address of principal executive offices)                      (Zip Code)
  
  
  
          Registrant's telephone number, including area code (818) 706-8999
  
  
  
  
            (Former name or former address, if changes since last report)
  
  
  
  
  
  
  
  
  
  
  
  ITEM 5.   REGISTRANT COMPLETES FINANCING ARRANGEMENT
  
            On November 10, 1999, Electronic Clearing House, Inc. completed a $1
            million post-petition secured financing arrangement with Tropical
            Beaches, Inc. dba New Strategies, a bankcard processing merchant who
            filed for Chapter 11 protection on June 29, 1999.
  
  
  
  
  
  ITEM 7.   EXHIBITS
  
  
  Exhibit
  Number         Description of Document
  
   99.1          Press release issued and dated November 19, 1999.
  
  
  
  
  
  
  
                                     SIGNATURES
  
  
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
  
  
  
                                ELECTRONIC CLEARING HOUSE, INC.
                                               (Registrant)
  
  
  
  
                                By:  \s\ Alice L. Cheung
                                  Alice L. Cheung, Treasurer &
                                  Chief Financial Officer
  
  
  
  Dated:  November 19, 1999
  
  
  
  
                                                                     EXHIBIT 99.1
  
  
  
  
  FOR IMMEDIATE RELEASE
  November 19, 1999
  
  
  
                    ELECTRONIC CLEARING HOUSE AND NEW STRATEGIES
                         HAVE FINANCING ARRANGEMENT IN PLACE
  
       Agoura Hills, Calif.--Electronic Clearing House, Inc. (ECHO:NASDAQ) has
  completed a $1 million post-petition secured financing arrangement with
  Tropical Beaches, Inc. dba New Strategies, a bankcard processing merchant
  located in Phoenix, Arizona, who filed for Chapter 11 protection on June 29,
  1999.
  
       According to the terms of the loan agreement, New Strategies will begin
  repayment in December and will retire the loan in full on or before February
  2000 together with interest at the rate of eighteen percent (18%) per annum.
  The loan is secured by all the assets of New Strategies and also has super-
  priority administrative claim status with respect to any unpaid administrative
  claims in the Chapter 11 case.
  
       New Strategies has been a merchant with ECHO for over nine years and is
  the producer of the Don Lapre Making Money infomercial.  Over the past five
  years, New Strategies' sales revenues have averaged between $40 and $60
  million a year.  The primary products offered by New Strategies have been the
  Making Money Information package, various Internet-based services and 900
  number sponsorship.  New Strategies employs approximately 200 people with 120
  serving in sales-related positions. As part of the consideration for the loan,
  ECHO also was granted a first right of refusal to purchase New Strategies and
  is working with the company, its professionals and representatives of the
  Official Unsecured Creditors' Committee on formulating a plan of
  reorganization.
  
       "Over the past nine years, we have seen New Strategies grow as both a
  sales and marketing company and as an Internet-services provider.  This loan
  allows New Strategies the opportunity to confidently build its sales momentum
  again and hopefully emerge from bankruptcy early in 2000", stated Joel M.
  Barry, CEO of ECHO.  "ECHO is seriously evaluating the capabilities of New
  Strategies in terms of its core competencies in infomercial presentation,
  telemarketing services and Internet services to determine if ECHO would
  benefit from acquiring New Strategies as well."
  
       Electronic Clearing House, Inc. provides credit card processing, check
  guarantee, check verification, check conversion, inventory tracking services
  and various Internet services to over 19,000 retail merchants and U-Haul
  dealers across the nation. ECHO also designs, develops and manufactures
  software and point-of-sale hardware that is utilized as credit card processing
  terminals, automated money order dispensers, inventory tracking devices, and
  casino cash advance systems.
  
       To take advantage of the "safe harbor" provisions of the Private
  Securities Litigation Reform Act of 1995, you are hereby cautioned that this
  release contains forward-looking statements that are based upon current
  expectations and involve a number of risks and uncertainties.  Actual
  operations and results may differ materially from those expressed in the
  forward-looking statements made by ECHO in this release.
  
  
                               #          #          #
  
  
  
  Media Contact:
  Donna Camras-Rehman, Corporate Secretary           URL: http://www.echo-inc.com
  818-706-8999, ext. 3033                               E-MAIL: corp@echo-inc.com
  Electronic Clearing House, Inc.
  Agoura Hills, Calif.
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 5748}]
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text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C.  20549
  
               ------------------------------------------------------
                                      FORM 8-K
               ------------------------------------------------------
  
                                   CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of the
                           Securities Exchange Act of 1934
  
  Date of Report (Date of earliest event reported) November 10, 1999
  
                    ELECTRONIC CLEARING HOUSE, INC.
               (Exact name of registrant as specified in its charter)
  
  NEVADA                             0-15245                       93-0946274
  (State or other jurisdiction     (Commission                (IRS Employer
   of incorporation)                File Number)               Identification
  No.)
  
  28001 Dorothy Drive,    Agoura Hills, California                   91301
     (Address of principal executive offices)                      (Zip Code)
  
          Registrant's telephone number, including area code (818) 706-8999
  
            (Former name or former address, if changes since last report)
  
  ITEM 5.   REGISTRANT COMPLETES FINANCING ARRANGEMENT
  
            On November 10, 1999, Electronic Clearing House, Inc. completed a $1
            million post-petition secured financing arrangement with Tropical
            Beaches, Inc. dba New Strategies, a bankcard processing merchant who
            filed for Chapter 11 protection on June 29, 1999.
  
  ITEM 7.   EXHIBITS
  
  Exhibit
  Number         Description of Document
  
   99.1          Press release issued and dated November 19, 1999.
  
                                     SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                ELECTRONIC CLEARING HOUSE, INC.
                                               (Registrant)
  
                                By:  \s\ Alice L. Cheung
                                  Alice L. Cheung, Treasurer &
                                  Chief Financial Officer
  
  Dated:  November 19, 1999
  
                                                                     EXHIBIT 99.1
  
  FOR IMMEDIATE RELEASE
  November 19, 1999
  
                    ELECTRONIC CLEARING HOUSE AND NEW STRATEGIES
                         HAVE FINANCING ARRANGEMENT IN PLACE
  
       Agoura Hills, Calif.--Electronic Clearing House, Inc. (ECHO:NASDAQ) has
  completed a $1 million post-petition secured financing arrangement with
  Tropical Beaches, Inc. dba New Strategies, a bankcard processing merchant
  located in Phoenix, Arizona, who filed for Chapter 11 protection on June 29,
  1999.
  
       According to the terms of the loan agreement, New Strategies will begin
  repayment in December and will retire the loan in full on or before February
  2000 together with interest at the rate of eighteen percent (18%) per annum.
  The loan is secured by all the assets of New Strategies and also has super-
  priority administrative claim status with respect to any unpaid administrative
  claims in the Chapter 11 case.
  
       New Strategies has been a merchant with ECHO for over nine years and is
  the producer of the Don Lapre Making Money infomercial.  Over the past five
  years, New Strategies' sales revenues have averaged between $40 and $60
  million a year.  The primary products offered by New Strategies have been the
  Making Money Information package, various Internet-based services and 900
  number sponsorship.  New Strategies employs approximately 200 people with 120
  serving in sales-related positions. As part of the consideration for the loan,
  ECHO also was granted a first right of refusal to purchase New Strategies and
  is working with the company, its professionals and representatives of the
  Official Unsecured Creditors' Committee on formulating a plan of
  reorganization.
  
       "Over the past nine years, we have seen New Strategies grow as both a
  sales and marketing company and as an Internet-services provider.  This loan
  allows New Strategies the opportunity to confidently build its sales momentum
  again and hopefully emerge from bankruptcy early in 2000", stated Joel M.
  Barry, CEO of ECHO.  "ECHO is seriously evaluating the capabilities of New
  Strategies in terms of its core competencies in infomercial presentation,
  telemarketing services and Internet services to determine if ECHO would
  benefit from acquiring New Strategies as well."
  
       Electronic Clearing House, Inc. provides credit card processing, check
  guarantee, check verification, check conversion, inventory tracking services
  and various Internet services to over 19,000 retail merchants and U-Haul
  dealers across the nation. ECHO also designs, develops and manufactures
  software and point-of-sale hardware that is utilized as credit card processing
  terminals, automated money order dispensers, inventory tracking devices, and
  casino cash advance systems.
  
       To take advantage of the "safe harbor" provisions of the Private
  Securities Litigation Reform Act of 1995, you are hereby cautioned that this
  release contains forward-looking statements that are based upon current
  expectations and involve a number of risks and uncertainties.  Actual
  operations and results may differ materially from those expressed in the
  forward-looking statements made by ECHO in this release.
  
                               #          #          #
  
  Media Contact:
  Donna Camras-Rehman, Corporate Secretary           URL: http://www.echo-inc.com
  818-706-8999, ext. 3033                               E-MAIL: corp@echo-inc.com
  Electronic Clearing House, Inc.
  Agoura Hills, Calif.