For Linda, a question- -

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Posted by Susie on June 28, 2001 at 11:43:27:

In Reply to: Re: insisting Postdated checks posted by Linda on June 25, 2001 at 18:33:37:

: Tell them "No way!"
: If they press you again about it, ask them where they want you bring the vehicle (so they can repossess it)... They will change their tune - they don't want the vehicle, they just want you to pay on time. In other words, call their bluff.

: Never, ever, ever, write a postdated check to anyone for any reason.

: Linda

Hi Linda! Just wondering...why is it not ok to write a postdated check EVER? I have in the case of purchasing a car i.e.down payment. Can you please explain, I want to learn. Thanks. :)

: : Hi,
: : When my fiance' and I met, he was in debt for his truck payment, which had been referred to a collection agency. Over two years ago, I called them (with his permission) and set up a payment plan. Since he did not have a checking account, we would deposit his paychecks in my account and I would make a payment out of my checking account.
: : For two years, we have made a full monthly payment. I'm not saying they were all on time, but we never missed a payment.
: : Now, because our payments have been late (not missed) the collection agency is pushing me to give them a postdated check out of my account for them to draw on for the next six months. If I don't, they will "discontinue our monthly payment option."
: : I'm uncomfortable with this. Do I have to do this?

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Comments:
: : Tell them "No way!" : : If they press you again about it, ask them where they want you bring the vehicle (so they can repossess it)... They will change their tune - they don't want the vehicle, they just want you to pay on time. In other words, call their bluff. : : Never, ever, ever, write a postdated check to anyone for any reason. : : Linda : Hi Linda! Just wondering...why is it not ok to write a postdated check EVER? I have in the case of purchasing a car i.e.down payment. Can you please explain, I want to learn. Thanks. :) : : : Hi, : : : When my fiance' and I met, he was in debt for his truck payment, which had been referred to a collection agency. Over two years ago, I called them (with his permission) and set up a payment plan. Since he did not have a checking account, we would deposit his paychecks in my account and I would make a payment out of my checking account. : : : For two years, we have made a full monthly payment. I'm not saying they were all on time, but we never missed a payment. : : : Now, because our payments have been late (not missed) the collection agency is pushing me to give them a postdated check out of my account for them to draw on for the next six months. If I don't, they will "discontinue our monthly payment option." : : : I'm uncomfortable with this. Do I have to do this?

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