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12/23/2020

Can checks be returned?

Ever sent a check to have it returned or your payment not be credited? There are lots of reasons this might have happened, like not having enough cash, getting an account name wrong or there being a problem with your signature. Returned checks are an inconvenience but can also incur…

12/23/2020

Can you cancel a money order?

Money orders are a much more secure way to send payment than cash, but things can go wrong. Your money order might get lost in the mail or be stolen and if that happens, it’s important to act fast to make sure you get your money back. Every issuer will…

12/23/2020

What happens when a check bounces

Ever heard someone say ‘the check bounced’ and wondered what they mean? It’s fairly simple – a check bounces when there isn’t enough money to honor the payment and the check is returned. It’s not only awkward, it can land you with fees (whether you wrote the check or tried…

12/23/2020

How do prepaid cards work

A prepaid card works differently from a traditional credit or debit card. It’s pre-loaded with funds, which means you can only spend the amount of money added to the prepaid card. Once that balance has been spent, you can reload it with more money. Plus, you don’t need to have…