Checks are a convenient way to pay for items without using cash or a debit card, but have become less widely accepted due to their potential set of problems. Consumers writing checks must be careful to use them properly, and those accepting checks need to make sure that they can trust the customer.
How it Works
Checks are usually like cash, in that if they are lost or stolen, there’s little recourse to be reimbursed for any unauthorized activity. In addition, if a large amount of checks are written without the account holder’s consent, she might be required to make up for them to avoid lawsuits and even jail time.
Writing a bad check, even accidentally, has led to people being arrested and even imprisoned for check fraud. Bounced checks are taken very seriously these days by both merchants and law enforcement.