Saturday, May 15, 2010

FDIC Consumer News - Spring 2009 - Blank Checks from Your Credit Card Issuer Carry Risks and Costs

Those blank "convenience checks" from your credit card company offer a quick way to write yourself a loan, pay bills or transfer other loans to your credit card account. But be aware that the use of a convenience check is a "cash advance" that comes with high costs and other potential pitfalls. (Audio only)



http://www.youtube.com/watch?v=pkyE_6cv1e8&hl=en

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