How long does Amscot wait till they cash your check if youre late on paying back a cash advance?
Ally, THAT girl asked:
I took out a cash advance and I am supposed to pay it back the 23rd of this month. After actually realizing the 23rd is a wednesday, they still have my OLD job in their system. I won't actually get paid till the 31st. If they cash the check I wrote them.. I'm screwed! What would you do?? I surely don't have the money for it and no one to even think of borrowing it from!
they will cash the check even if you arent ready. you will have to deal with penalties that your bank will have for you for writting a check that will bounce.
well if you still have your bank. you will get an overdraff some banks charge $35.00 plus $5.00 a day your bank could be more are less. somethen you need call your bank find out from them.
Oh ok I got this for you…
Better check on this… Im pretty sure you'll discover something…
I'm not sure how this company works, but the check into cash place nearest to the credit union I work at will bring in the check to cash AT the place the check is drawn off. If that check doesn't appear to be good, we will tell them and we can't cash the check. If that check can't clear on the 23rd, the cash advance place will start charging you late fees.
Communication is the key! Just simply call their office and make an appointment with the Manager. Explain your altered payday date. The Manager will accommodate you.
The manager does not want to have you appear in the "Overdue Report." This will effect their bonus program negatively.
Additionally, these payday loan and cash advance companies just want you to pay them back. As long as you communicate with them they will work with you; especially Amscot. They are very community involved and PR aware.
Just talk to them!
If you cal them they can help you