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The only place I regularly see cheques used would be at home appliance stores. To speculate, I'recon the top two reasons would be: dedicated bank account for h
by ProllyInfamous 2y ago
The only place I regularly see cheques used would be at home appliance stores.
To speculate, I'recon the top two reasons would be: dedicated bank account for home expenses; purchaser doesn't have the money today, but expects to have it deposited before the cheque clears "in a few days".
- redwall_hp 2y agoHaving worked at such a place in college, this is also complicated by the fact that they don't simply take a check and deposit it like the sort of people who cling to checks expect. The check gets scanned, ID collected, and it's reported to a third party financial institution that basically evaluates the customer's creditworthiness and issues credit to the store to cover the check. (If the check were to bounce, it would be their problem to deal with.) This also means checks can be instantly denied by that third party, if their system is not confident enough that the collection will be trouble free. Which is...not uncommon for the sort of people who want to write a check to buy an appliance, rather than using a credit card. Which then involves belligerence when it's denied.