My high school age daughter went back to work at McDonalds for the summer, and instead of her pay check being directly deposited into her bank account like last year, they hand her this debit card thing. Is this a common way to pay wages now, or is McDonalds to broke to pay all the wages up front. Or do they do this so they can get financial kickbacks from the card company while spying on my daughters spending habits?
My daughter and I were discussing why they would pay her this way, when they could more easily just do the direct deposit. I think we are about ready to experience a credit crisis, and these schemes are buying the companies a little more time.