Comments on: The Check Turns 350 Years Old, Will It Make It To 400? http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/ our rants and raves about credit card and financial news... Sun, 12 Feb 2012 19:01:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Wymetto http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/#comment-23016 Wymetto Tue, 21 Jun 2011 23:57:11 +0000 http://creditcardforum.com/blog/?p=318#comment-23016 Actually you have checks - a checkcard - if you need them you can find them but we are trained to just use the plastic... Actually you have checks – a checkcard – if you need them you can find them but we are trained to just use the plastic…

]]> By: Brian http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/#comment-23015 Brian Tue, 21 Jun 2011 23:48:49 +0000 http://creditcardforum.com/blog/?p=318#comment-23015 Actually checks are making a come back in some circles. People that have maintained a good check writing history are actually able to use that attribute to solving emergency situations. A 5/23/11 survey by the Wall Street Journal showed 24.9% reported being certainly able 25.1% probably able 22.2% probably unable 27.9% certainly unable to pay for an unexpected legal, medical, automotive cost of only $2k. http://blogs.wsj.com/economics/2011/05/23/nearly-half-of-americans-are-financially-fragile/ Realistically that's better than 50%+ of Americans that are in need of help. To think that high of a percentage of Americans got into this situation strictly due to foolishness is a viewpoint shared only by those who haven't cared to note wages have stagnated while the cost of living keeps climbing. That good check writing history can now be the saving grace used in conjunction with Merchants offering "No Credit Check" opportunities to solve those surprise costs. Actually checks are making a come back in some circles. People that have maintained a good check writing history are actually able to use that attribute to solving emergency situations.

A 5/23/11 survey by the Wall Street Journal showed
24.9% reported being certainly able
25.1% probably able
22.2% probably unable
27.9% certainly unable
to pay for an unexpected legal, medical, automotive cost of only $2k.
http://blogs.wsj.com/economics/2011/05/23/nearly-half-of-americans-are-financially-fragile/

Realistically that’s better than 50%+ of Americans that are in need of help. To think that high of a percentage of Americans got into this situation strictly due to foolishness is a viewpoint shared only by those who haven’t cared to note wages have stagnated while the cost of living keeps climbing.

That good check writing history can now be the saving grace used in conjunction with Merchants offering “No Credit Check” opportunities to solve those surprise costs.

]]> By: Shawn http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/#comment-3559 Shawn Wed, 25 Feb 2009 01:33:25 +0000 http://creditcardforum.com/blog/?p=318#comment-3559 The only thing I have a checkbook for is paying my rent. That's it. The only thing I have a checkbook for is paying my rent. That’s it.

]]> By: FJl http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/#comment-3558 FJl Sun, 22 Feb 2009 02:53:52 +0000 http://creditcardforum.com/blog/?p=318#comment-3558 checks are gone like the dinosaurs are..... checks are gone like the dinosaurs are…..

]]> By: Mike http://creditcardforum.com/blog/the-check-turns-350-years-old-will-it-make-it-to-400/#comment-3557 Mike Sat, 21 Feb 2009 00:13:05 +0000 http://creditcardforum.com/blog/?p=318#comment-3557 I highly doubt checks will remain much longer. They are not reliable how can you know if the money is there to back up the amount they write it for? I think everything will be electronic realtime soon whether that is credit cards or something else. I highly doubt checks will remain much longer. They are not reliable how can you know if the money is there to back up the amount they write it for? I think everything will be electronic realtime soon whether that is credit cards or something else.

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