Check Facts and Figures

Written by Antigone Arthur


Check Facts and Figures

Are you a check fanatic? Don't worry, you aren't alone. Millions of consumers write checks every year. In fact inrepparttar United States most consumers use checks to handle payment transactions.

Want to convince your friends and family ofrepparttar 145747 benefits of check writing? Considerrepparttar 145748 following check writing trivia:

  • Deluxe™ checks provide international checking supplies. The company produces more checks than any other international check printer.
  • Deluxe™ checks ledrepparttar 145749 movement to create picture checks and direct market checks.
  • Americans write more than 42.5 billion checks every year.
  • Some believe an Ancient Roman first came onrepparttar 145750 idea of check writing, though it didn't become popular untilrepparttar 145751 late 1600s.
  • Europeans wroterepparttar 145752 first official checks duringrepparttar 145753 1650s.
  • Inrepparttar 145754 United States checks are amongrepparttar 145755 most popular form of payment, above credit cards.
  • People write roughly 450 million "bad checks" or checks that bounce every year.
  • Counterfeiting money and checks used to be a treasonous crime. Officials could sentence someone to death for it.
  • 1/3 of all money currency circulating duringrepparttar 145756 Civil War was fake
  • Check writing didn't become popular inrepparttar 145757 United States until afterrepparttar 145758 1800s.
  • Deluxe™ uses a proprietary or unique technology to print checks.
  • 60 percent of all transactions not paid for with cash are paid by check.
  • Consumers are 65 percent more likely to use checks than other forms of electronic payments.
  • The number of checks used by Americans is increasing. In recent years check use rose 54 percent alone.
  • More than 39 trillion dollars in payments are made every year with checks, compared to just 7 trillion for other forms of payment.

As you can see, writing checks is a favorite past time. No matter what check you prefer, whether cheap personal checks, top stub checks, side tear or cheap checks in general, rest assured check writing is not likely to die out any time soon.

Withinrepparttar 145759 United States, check writing is more common than elsewhere. Check use is increasing inrepparttar 145760 United States. Nearly 84 percent of payment transactions inrepparttar 145761 United States come inrepparttar 145762 form of check payments.

Read and Understand Your Credit Card Statement

Written by Neil Goldberg


Have you ever looked at your credit card statement and ended up just scratching your head in frustration? Well joinrepparttar club! But don’t take any comfort inrepparttar 145746 fact that you have plenty of company, because lack of knowledge can cost you….right on your credit report, and once there can stay with you a while.

Adding torepparttar 145747 challenge is that almost every creditor’s statement is slightly different, varying in format and billing cycle and interest calculations. You first want to check what you purchased and what you borrowed, so make sure you save all your receipts to make sure you weren’t charged for something you didn’t buy or were double billed. Immediately dispute any discrepancies via phone and in writing.

Next you’ll want to verifyrepparttar 145748 interest rates being applied for each type of purchase. Remember, cash advances almost always carry a higher interest than normal purchases and interest usually accrues fromrepparttar 145749 date you receivedrepparttar 145750 money. Also, if you have any balance transfers with introductory interest rates, verify that it is correctly noted and hasn’t been increased prematurely.

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