Quote:
Originally Posted by sugarwood
Huh? Why is someone giving you a check to mail somewhere else? Why don't they mail it themselves? Why are you even involved with forwarding money ? What kind of 18th century business model is this ?
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She's 89 and there are exactly two companies that will insure people that old. I got her the cheapest one. She doesn't drive and she uses a walker. She had signed up a few mos. earlier, but her first bank draft bounced because her vision is so bad, she mistakenly took too much out of an ATM the day before that bank draft. It was a Saturday and she couldn't get the cash back into the bank before the draft at 12:01am on Monday. Kinda weird, but I believe her. Again, this demographic has a fanatical belief in life insurance. She asked me to rewrite her policy and gave me cash. This is the way it works. If you can believe this, there are still debit agents out there who personally collect cash each week or month from customers. They have a BINGO-like card they stamp. I couldn't believe it the first time I ran into one of those. But they're still around. I don't deal with a lot of folks who just pull up their bank statement on their iPhone and deposit checks by scanning with their phone.
BTW, the vast majority of this demographic do not have a checkbook, even if they have a checking acct.