By Larry Chiang
When I say “paper check”, what do you think??
I bet you did not say: BINDING LEGAL AGREEMENT UPON ENDORSEMENT (and subsequent coincidental CASHING of said CHECK.
Paper checks, in short, are a legal document
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Larry Chiang (@LarryChiang) |
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5-10 checks are critical. #FICO850mpic.twitter.com/PKfsMY5Ni0
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Paper checks also help you lock in address stability (so use your parents address)
Properly filling out a paper check. Do you know how to do this.
Properly starting check numbers at a large number. Do you know how to do this
Properly addressing a “#10 envelope”. Do you have the skills to do this.
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Larry Chiang (@LarryChiang) |
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Hands down, the #RuleOf111 (with its 24 1s) is most fundamental in going towards #FICO850m
— @LarryChiang |
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When you’re a 17 year old with a check number 63,010, the credit bureaus will think your parents work at the credit bureaus of that your uncle Larry is Uncle Larry Chiang.
Legendary.
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