Risk of using cashier's check to pay off illegal payday loan?
Date: Thu, 05/10/2012 - 10:53
I took out some payday loans from lenders I found out were unlicensed and therefore illegal in my state (WA). I have closed my checking account and sent emails to them revoking authorization for ACH withdrawals. One loan is paid off and there are three remaining that I still need to pay off the principal. What is the best method for making these payments while protecting your bank information? Are cashier's check safe or can any information about my bank account be taken?
Cashiers checks are quite safe...non of your account information
Cashiers checks are quite safe...non of your account information appears on it.
