Last year, The Check Clearing for the 21st Century Act, known as Check 21, was passed by Congress. Digital images of checks will now be used for proof of payment. This will run checks through just like a debit card. A substitute check will be sent out instead of the actual check.
Society today has become used to the "floating" time between writing a check and when it is actually deposited. Checks have become more of a short time loan to some consumers. When there is no money in their account to cover the check, they merely use time for their advantage. Americans are far enough in debt with using credit cards and by adding Check 21 only more debt will follow.
Checks will bounce. Consumers will complain. Change will occur. Is Check 21 really going to help anything or is it just another technological change?