2006-11-01 03:35:55 · 8 answers · asked by Amy S 1 in Business & Finance ➔ Personal Finance
You know the money is there. With checks you may have forgot something you withdrew and then you get back a returned check and then you not only have to cover the check but a returned check fee. With money orders it is paid already so nothing to worry about
2006-11-01 03:43:49 · answer #1 · answered by SuperSoldierGIJOE 3 · 0⤊ 0⤋
The only advantage I see is you can save your checks for other things. But you will have to pay a fee for every money order you use.
2006-11-01 03:59:27 · answer #2 · answered by ? 5 · 0⤊ 0⤋
The advantage is more for the person receiving payment. A money order can't "bounce". Advantage to payer might be that seller will give them what they paid for immediately versus waiting for a check to clear.
2006-11-01 08:18:37 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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2016-12-16 17:31:26 · answer #4 · answered by ? 3 · 0⤊ 0⤋
an advantage of sending a ck is that it can be an easy way for the bank to track the payment but if you don't want someone getting hold of your cking account number then money orders would be great.
Either ways are great ways to track your payment to your creditors.
2006-11-01 03:47:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
None. Money orders cost money to get. If you worry about overdrawing your account. Set up online banking so you can see how much you are paying out. Identity theft is so hyped up.
2006-11-02 06:45:28 · answer #6 · answered by Steve R 6 · 0⤊ 0⤋
You do not have to worry about overdrafting your account, or worry about identy theft
2006-11-01 03:40:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
None.
2006-11-01 03:38:35 · answer #8 · answered by spot 5 · 0⤊ 0⤋