The Finch Formerly Known As Gold

29 October 2004

Bouncy, bouncy

Well, we got through the first day of Check 21 with no noticeable effects, although the credit cards processed through 42nd and Treadmill showed an increase in declines, which I am more inclined to attribute to customer perversity than to the new Federal regulations, which after all deal with, well, checks.

Then again, it might get worse: I have to figure that some of the same lunkheads whose MasterCards are maxed out are probably trying to pay their bills with checks which, if not hot, are certainly warmer than their surroundings.

Posted at 6:35 AM to Dyssynergy

A letter in today's Fairbanks newspaper complained of the havoc allegedly caused by Check 21 after a clerk transposed a decimal point in running the check through the system.

The store wound up having to cut the writer's daughter a check for nine times the amount on the check because the bank had no procedure for correcting the transaction.

Even credit card charges can be reversed. WTF?

Posted by: McGehee at 6:50 AM on 29 October 2004