Does Publix Cash Checks Make Good Business Sense?
For many people, when they hear the words Publix Cash Checks they automatically think of high-end businesses. That is not the case here. These checks are actually for people who do not have a business, and may only need some quick cash for an emergency. The following paragraphs will tell you more about this unusual type of check.
What happens is that you make an application for a personal debit card and then submit it to the company. Once you do so, you will receive a pre-approved debit card which you can then use to make purchases. In return for the plastic card, the company deducts money from your account which you then put into your bank account. There are some conditions that apply, but what happens is that your spending limit is the amount that is on the card.
Another way to describe the way this works is that you are essentially a cash advance company. However, they do not own or operate any of your property. They only obtain their money through sales of checks that you have purchased. The company issues these checks to you, and you issue them to your customers.
As you can see, there is nothing unusual about this arrangement. But, you may be concerned about how the checks get to you. Most of the checks are carried by mail from a third party company. They are then stored until you request a check, which they will send to your place of employment. Of course, you must have identification when you write a check to the company, and you must have a valid banking account in order to withdraw your check from your bank.
Another concern is whether or not these types of checks are exempt from the Fair Debt Collection Practices Act. The short answer to this question is yes. This act makes it illegal for a company to write a check for an amount higher than you owe them. In addition, you cannot be pressured into paying more than you can afford. Your rights are much better protected under this law than any other law.
As with all companies, Publix occasionally gets a bad reputation. There are always some bad apples in the barrel. This is no different. So far as the PPLx case is concerned, it appears that the complaints filed against them are unwarranted. They have followed all of the applicable laws and policies and have not abused their rights. In short, does publix cash advances make good business sense?