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Writing Checks Can Be Risky. Here's How To Protect Yourself. - Vimarsana News

Writing Checks Can Be Risky. Here's How To Protect Yourself.

Typewriters vanished, and then cassette tapes and encyclopedias did, too. But paper checks are one piece of our analog past that persists. American consumers and businesses wrote 11.2 billion checks in 2021, far fewer than the 42 billion written at the start of the century. Despite the rapid decline, check fraud is exploding — costing financial institutions billions and throwing many check writers’ finances into disarray. After my colleague Ron Lieber and I wrote about rising check fraud, worrie

Source: yahoo.com
What to Know About Writing Checks While Preventing Fraud - Vimarsana News

What to Know About Writing Checks While Preventing Fraud

Should you keep a separate checking account for writing checks? Is there a specific pen you should use? We answer some reader questions.

Quiz: Would You Close This Bartender's Bank Account? - Vimarsana News

Quiz: Would You Close This Bartender's Bank Account?

Here’s what bank security employees might be thinking when deciding whether to shut down a customer account after detecting unusual activity.

What To Do If Bank Closes Your Account - Vimarsana News

What To Do If Bank Closes Your Account

A bank can close your account without warning, but here's how to ensure your money is safe.

Source: cnbc.com
Why accounts suddenly close - Vimarsana News

Why accounts suddenly close

The reasons vary, but the scene that plays out is almost always the same.