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Should Paper Checks Be Abolished Like The Penny?

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Author Replies: 7 / Views: 95Next Topic  
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jbuck's Avatar
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 Posted Today  3H 52M ago Show Profile   Bookmark this topic Add jbuck to your friends list Get a Link to this Message Number of Subscribers
Interesting question I never considered before reading this article.

I have not written a check in well over 20 years, but I know my wife still has a checkbook and uses it when necessary.

Should Paper Checks Be Abolished Like The Penny?

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 Posted Today  2H 31M ago  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
I still use some paper checks. My local natural gas company and DMV charges fee for paying online with debit or credit card so I mail a check or use check in person. Some bills I mail a check rather than filling out card information on the bill such as my doctor. And like many coin dealers my local coin store charges fee for paying by debit or credit card so I use cash or write a check.

Edited by livingwater
Today 2H 25M ago
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GLB49's Avatar
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 Posted Today  1H 41M ago  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply
I still use paper checks to pay certain bills and the VA. I like having an option for plastic.
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JennyCents's Avatar
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 Posted Today  1H 12M ago  Show Profile   Bookmark this reply Add JennyCents to your friends list Get a Link to this Reply
They come in handy when paying to have your house worked on. I can't remember the last time when I used a check out in the wild while shopping though.
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Bud250r's Avatar
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 Posted Today  57M ago  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
I might write 3 a year.
Only to avoid paying 3% fees.
It seems like more and more companies are charging them.
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jbuck's Avatar
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 Posted Today  49M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
My local natural gas company and DMV charges fee for paying online with debit or credit card so I mail a check or use check in person.
I use ACH for all my bills. No fees.

Quote:
It seems like more and more companies are charging them.
Yeah. I have noticed some have started adding fees for "check processing" while credit/debit always had a fee that is still higher.
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Vector Ze's Avatar
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Interesting article.
I can't pin down the last time I wrote a check, but I believe it was just before I started by 2nd career, in 1989.
And I don't remember when I last saw one being written at a grocery store, but it has definitely been years.

But as noted, there are several checks created on my behalf every month through online bill payment. I don't know how that will be handled for payments to entities that don't accept electronic transfer.
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jbuck's Avatar
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 Posted Today  34M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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I don't know how that will be handled for payments to entities that don't accept electronic transfer.
The free market would pressure a solution, right?
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