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What is a post-dated check!!





Sub: What is a post-dated check!!
Fri, 13/11/2009 08:53

im buying a car soon and i have to put down a down payment however i dont have the cash now i have to wait till my next payday and the dealer was telling me that i could write a post dated check!!!! Any advise!



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Sub: #1 guest it is necessary to put people down. This is a community anFri, 11/13/2009 - 08:53



guest it is necessary to put people down. This is a community and that kind of this is unwelcome


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Sub: #2 It absolutely is NOT illegal to post-date a check.....hundreds oFri, 11/13/2009 - 08:40



It absolutely is NOT illegal to post-date a check.....hundreds of businesses do it. Another genius quoting facts he has no clue about.


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Sub: #3 In reality is is not legal to write a post dated check . I feel Fri, 11/13/2009 - 08:17



In reality is is not legal to write a post dated check . I feel sorry for your plight and it is one more reason not to pd a check. I hope you find your way clear of this


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Sub: #4 I wrote a post dated check and the landlord agreed to hold it. Fri, 11/13/2009 - 08:13



I wrote a post dated check and the landlord agreed to hold it. She even called on my and left a voicemail asking could she deposit the check (which meant she agreed to hold it). I sent her a text message and a voicemail telling her let me give her the money instead. She deposited it anyway. I moved out of her house only 25 days after being there because of poor conditions. I contacted the housing inspectors about her premises and guess what, to retaliate she took the check to the bank and told the police I purposely wrote her a bad check. The check that she deposited for payment was not entitled to her as it was for a month that I was no longer there. The police are trying to arrest me or make me pay for something that she was not entitled to because I gave her a 30 day notice that I was moving. First, again, she is on my voicemail asking is it okay to cash the check, secondly, there are text messages that I sent to her asking her not to, and third she deposited the check after receiving my text and after me calling the housing inspectors on her. Clear retaliation. Any advice on what to do? This is unreal!!!!


Unregistered

Sub: #5 Post Dated Checks and Auto Loans....Wed, 09/17/2008 - 15:36



See if you can find someone who works at Ford Motor Credit. I know that if they find out a dealer accepted a post dated check they will not accept the loan. Something to do with that payment on top of the car payment and that being a bill that was not reported on the application. I am trying to find someone who works there so I can get more information on that.


Unregistered

Sub: #6 :D huhuhuSun, 03/16/2008 - 20:53



:D huhuhu


Sub: #7 Wow these posts are always so informative!!! Personal experienceTue, 02/26/2008 - 23:20



Wow these posts are always so informative!!! Personal experiences always offer the best information I think...
I believe my experience with post dated checks was from a different angle...we turn in all bad checks to DA ..I called today questioning post dated checks and was strongly advised not to ever accept them.. there is some sort of law that lets them prosecute for intentional fraud..(they first look to see if money was in account on date check was written for purchase..or if transferred into account same day..)
and why they first ask if check was postdated is because you agreed to take a check someone wrote..and hold onto it until the date they made promissory note that money will indeed be there..they said banks might cash in advance by mistake but prosecution is a different matter..after you made agreement to hold check...I think most who had a post dated check cashed early could look into at least getting bank charges paid from company who deposited it before you agreed money would be in your account...not that it wouldn't take a lot of work...but I agree with so many posts here! Don't write a post dated check! Write one when you have the money in account and are sure you want to purchase..if it is for medical visit etc..let them send you a bill a month later and pay for services then!also..I thank goodness I have never written a check that bounced but must admit that once in a while.....


Sub: #8 postdated checkSat, 02/23/2008 - 02:11



Yep......this happened to me, at one time, too. I wrote a post-dated check, to someone. They said they would hold it, until the date on the check. HOWEVER...........the person took the check to their bank to get it cashed. The bank refused to cash the check, because it would post-dated for a later date. She(my friend) came to me screaming, etc. She KNEW it was post-dated!! Gosh....the entire situation was crazy! She even TOLD me it would be ok, to write a post-dated check for her. OMG!!!


stargzr
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Sub: #9 After reading everyones experience here I have to say that I wouFri, 02/22/2008 - 22:25



After reading everyones experience here I have to say that I would definitely now advice against writting that check. I like what someone said, if you still want it on payday then buy it on payday. It also gives time to really think about the purchase which I have learned through experience and on this site is an important thing to do. I hope he comes back and tells us what he did.


cannr
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Sub: #10 rFri, 02/22/2008 - 18:39



Agreed. When writing a post dated check, they can still deposit it before the date you wrote on it. This has been addressed before. And, as you can see, some of us have experienced it. Like 2nband posted, see if you can get it in writing that they will actually hold the check. If you're just going to hand them a post dated check, they can run to the bank and deposit it before the date you want them to. Just be very careful if you're considering doing this.


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