Get answers to common check cashing questions, like whether you can cash a check you’ve had for a while, what happens if a collector or creditor cashes your postdated check early, what you can do to collect on a bum check, and more.
The borrowing capacity extended to an individual for the purchase of consumer goods or services. Consumer credit includes credit card purchases, lines of credit, installment agreements, and many other types of loans. (See also: credit)
If you loan money to a friend or family member, you might feel that his or her word, or a handshake, is enough to seal the deal. Instead, use a document called a promissory note to detail the terms of the loan agreement. Avoid disagreements about when the loan is due, and clarify it's not a gift.