What Are Payday Loans?
Have you ever found yourself short on cash before your next paycheck? In Australia, payday loans have become a popular solution for those in need of quick cash. But what exactly are payday loans? In short, payday loans are short-term loans typically used to cover unexpected expenses or to bridge the gap between paychecks. They are usually for small amounts...
10+ Best Cheque Cashing to Instantly Cash Your Cheque [2022]
Are you looking for a way to cash your cheque instantly? If you're like most people, you probably don't have time to wait around for the bank to process your payment. That's where cheque cashing comes in. With this service, you can get your money in just minutes, without having to go through the hassle of opening a bank account....
Overdraft Protection: Pros and Cons
Is it protection worth having? Checks and other debit transactions clear when you sign up for overdraft protection, even if your account lacks sufficient funds. In exchange for this service, your bank may charge hefty overdraft fees. Is this protection worth having? Here is a look at the pros and cons. If you don’t have enough money in your checking...
How to Deposit Checks Made Out to Children
While children often receive wrapped presents from their parents on their birthdays and during the holidays, out-of-town relatives might prefer to send a check. This is more cost-efficient than paying the high shipping prices associated with mailing a gift. Of course, your family member might write the review in the name of your minor child, who might not even be...
How to Open a Checking Account Online
Opening a checking account online is easy, quick, and painless for most people, but there are several things to consider before you begin the process. For starters, do you want to open a regular checking account using the online platform of a traditional brick-and-mortar bank or credit union, or are you more interested in an electronic checking account at an...
How to Cancel a Check
A check is a common form of payment used when purchasing goods or paying for service received. The entity that acquires the check would usually cash the bill at the bank, where they would receive the funds, either immediately or after a certain period, depending on the bank’s policy. However, if a check falls into the wrong hands, the payer...
Certified Check vs. Cashier’s Check: What’s the Difference?
When you’re expecting a big payment, you may wonder what’s the safest way to receive it. For example, you might be selling a high-ticket item to a stranger through Craigslist. And if you're the one who needs to make a large payment—for a down payment on a house or when purchasing a car, for example—the payee may request a more...
How to Cash Checks Payable to Multiple People
Checks are usually made payable to a specific person or organization, but sometimes a single statement is made out to multiple names. A review might go to a married couple, several roommates, or any other group with a shared interest or ownership. A single word on these types of checks is dictates how they can be handled. The key is...
How Long Is a Check Good For?
Checks can make payments inexpensive and easy, but what happens when nobody deposits them? At some point, bills go stale. But the obligation to pay still exists, so it’s best to deal with payments as soon as possible. Checks Written to You Unless you have a government-issued check or certified check, it’s wise to deposit checks within six months. After...
Understanding cheques
A cheque lets you make a payment from your bank account. Find out how it works and how to keep track of your money. Key takeaways Make sure you have sufficient funds in your account for the cheque amount. Cross your cheques to ensure that only the payee can deposit them. Record and track all your cheque transactions and tell...