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 Extended Credit

Cash for Cheques can also offer Extended Credit on personal cheques. This service has also been known as Payday Advances, Salary Stretchers,or Delayed Presentations.

If you have a regular income, but find yourself in need of money,Cash for Cheques may be able to give you a cash advance against one of your personal cheques.

As long as you can provide us with proof of regular salary by showing them your bank statements, Cash for Cheques will in certain circumstances cash personal cheques. We can hold the cheque for whatever period we agree with you before banking - up to a maximum of 28 days.

Because this service is now regarded as Extended Credit and as such has become regulated as financial accomodation under the Consumer Credit Act 1974 you will also be asked to sign a Loan Agreement Form.

To find out more about this service please contact you local branch.

 

Also see Payday Advance     

 

 

 

 

 

 

 

 

 

 

Last Updated on Friday, 07 November 2008 16:38