buying postal orders with a cheque and gaurantee card

jakemuk

this post is for a mate

hes in a v tight spot till end of the month, his cc's are maxed and needs about 80 quid to survive till then

he asked me if he could buy postal orders with his cheque gaurantee card and chequebook at the post office

know i now you can pay for postal services as i do it regulary ?

but would they do it for postal orders ?

he plans to cash them in at another post office the next day ????

i advised not a gud idea because of bank charges but least i can do is ask for him


(ps i know i posted in anothered bored but thoguht maybe someone on here may know as my mate is desperate)

frugglewump

No.

Everytime I get a postal order they insist it is paid for in cash

frugglewump

I forgot to add. I've been in this situation and they way I got round it was paying by cheque and asking for cashback at sainsburys. I can't say they still do it as this was 1996. I'm not saying this is a good idea though.

jakemuk

awww he wont be happy then anyone else ?

garyclay

No it's not possible to prevent exactly this type of thing happening. Does he intend to borrow the money for 2/3 days this way or defraud his bank by signing a cheque he can't afford to pay.

The only way I know of is using these Money Shop type outlets with their "Cash till payday" service but they charge a lot (about 13%) and it is basically putting off the inevitable.

jakemuk

well yeah the cheques gona bounce but his salary at end of month will cover it plus the bank charge,

mmmm i thoguht there would be somethign in place like this,

looks like he will just have to pay for his shopping by cheque like i advised

file_wizzard

garyclay wrote:

The only way I know of is using these Money Shop type outlets with their "Cash till payday" service but they charge a lot (about 13%) and it is basically putting off the inevitable.

Try 1300% .........yes ONE THOUSAND THREE HUNDRED PERCENT APR !!!!!!!!

and thats no joke, they will charge up to £50 per £200 lent for a period up to 4 weeks !

suppose it all depends just how desperate you are !


http://www.paydayuk.co.uk/index.asp?p=pues1

I AM IN NO WAY ENDORSING THIS, JUST PROVIDING IT FOR INFORMATION ONLY !!!!!!!!!!!!!

jakemuk

omg well i guess theres no way round this for him then ,

aw well least ive tried