When evaluating the relative benefits of using the ACH network for these payments, we must consider these threshold legal questions. A perspective on the future U.S. check system The checkless society has been predicted for decades; however, as we near 2007, we know that even though checks are used less frequently, they are still used widely.
So while new home owners will continue to take on  BIS central bankers’ speeches  5  new debt, we assume that existing home owners will continue to conserve or increase the equity in their properties, rather than seeking to “gear up” existing housing assets.