I want to take out a personal loan from like payday loan. I just need some fast cash to pay off some bills.
Jul
27
I wanted to know what a voided check was, for a loan?
Published under Fast Payday Cash by admin.
There are 4 Responses to “I wanted to know what a voided check was, for a loan?”
They want information about your checking account. This information is located on your check. You could give them a check — so they can grab this information. But if you do that — they might cash the check. If you write the word VOID on it, it can’t be used as a check — and is safe to give to someone.
A voided check is a blank check from your check book…. you just write void accross it and give it to the payday loan peeps. You should be careful taking out a payday loan…. those businesses have HUGE interest rates and you will end up paying back double or triple what you borrowed in the first place.
its so they have access to your bank account…..When trying to collect their money back….
It just means a check of yours with the word “VOID” written across it, so it cannot be stolen/filled in/cashed.