Although a pocket full of plastic has become the norm for many Americans when they shop and pay bills, the online sales of personal checks show that writing checks remains a very viable option for millions, the experts at coolchecks.net say. In fact, the country’s two largest producers of personal and business checks posted revenues in the hundreds of millions of dollars from sales in 2009. Obviously, it is too soon to say that credit and debit cards have nudged checks entirely out of the picture. Companies such as coolchecks.net are nowhere near ready to throw in the towel and they continue to provide a wide choice for those individuals and companies that find checks the best way to do business.
The 2009 annual report from Deluxe Corporation showed that more than 63 percent of its $1.3 billion in revenues came from the sale of checks. And Harland Clarke noted that 72 percent of its $1.2 billion in revenues was related to checks and other personal items. The Federal Reserve estimates that some 33 billion checks are written in this country every year—no small number.
There is evidence that Americans, dealing with a depressed economy, are now paying the price for over-use of credit cards They have racked up more than $1 trillion in such debt, a 25 percent increase in the past five years., the Federal Reserve reports. The experts predict that a return to personal checks may be one solution to this trend. The tendency to make a flip-of-the-wrist credit card purchase may be cooled by the necessity of actually writing the amount of the purchase on a piece of paper, they say. The immediacy of the deal cancels out that false sense that “I don’t have to pay until later” that accompanies a credit purchase. Many people find a canceled check to be a more tangible method of keeping track of finances.
And if checks online are your choice, they should say something about you. Being able to make a personal statement with every use is one of the good reasons to use checks. Coolchecks.net has hundreds of designs ranging from the simply classic to the Disney whimsical, with nature, hobbies and personal interests in between. And they come at prices that are up to half what a bank would charge. Check us out.
