personal check cashing: How long should one take to cash one? | TigerDroppings.com

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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
60044 posts
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personal check cashing: How long should one take to cash one?


If you write someone, be it friend or a business, a personal check for a good or service. How soon do you expect them to cash it?

I've had 2 instances recently where people have waited a long time and it kinda annoys me.

Wrote a check on 6/26 and gave it to the woman who walked my dog at the time. It was cashed on 7/24.

Also, unrelated, gave a friend a check on 7/27 to pay for a beach trip we took and it has yet to be cashed.

WTF? why don't people deposit it the next day?







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lsunurse
LSU Fan
Scottsdale, AZ
Member since Dec 2005
87497 posts

re: personal check cashing: How long should one take to cash one?


I hate that as well. With all the conveniences today, how hard is it to deposit a check.





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southernelite
Iowa State Fan
Lake Charles
Member since Sep 2009
40603 posts

re: personal check cashing: How long should one take to cash one?


7 days, however, it shouldn't matter cause you should immediately deduct the funds from your ledger.





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madamsquirrel
LSU Fan
The Snarlington Estate
Member since Jul 2009
20591 posts

re: personal check cashing: How long should one take to cash one?


Since our paychecks are direct deposited and I don't work near the bank I don't always get to the bank quickly.

Eta: chase deposit app makes this better now though



This post was edited on 8/7 at 8:34 am


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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16770 posts

re: personal check cashing: How long should one take to cash one?


Anything under a month is okay.

Are you mad that they aren't taking your money faster? Just treat it like it isn't there.

I find that people who get mad about these types of things usually aren't very good with money themselves.






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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
60044 posts
 Online 

re: personal check cashing: How long should one take to cash one?


yea i figure a week is reasonable. After that I think it's inconsiderate.







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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
67395 posts
 Online 

re: personal check cashing: How long should one take to cash one?


I don't even take personal checks in those situations cause I know I'll forget to deposit them. I just tell them to pay me when they have cash.





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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
60044 posts
 Online 

re: personal check cashing: How long should one take to cash one?


quote:

I find that people who get mad about these types of things usually aren't very good with money themselves.
I'm excellent with personal finance


And I do treat it as if it's not there.

I still find it inconsiderate.






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Haydo
USA Fan
Htown
Member since Jul 2011
1185 posts

re: personal check cashing: How long should one take to cash one?


quote:

it shouldn't matter cause you should immediately deduct the funds from your ledger.


That's the real answer. However, I get what you're saying. It's just inconsiderate to hold onto a check for a month before cashing.






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TexasTiger1185
LSU Fan
New Orleans
Member since Sep 2011
9465 posts
 Online 

re: personal check cashing: How long should one take to cash one?


If it is a friend, quickly or I'll get on him about it.

If it is a business, by the end of the month.


Why are you writing so many checks? This is 2012






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bbap
Indiana Fan
Baton Rouge, LA
Member since Feb 2006
79729 posts
 Online 

re: personal check cashing: How long should one take to cash one?


quote:

7 days, however, it shouldn't matter cause you should immediately deduct the funds from your ledger.


from your ledger? who the hell balances a checkbook these days?






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AlexLSU
LSU Fan
Member since Jan 2005
24334 posts

re: personal check cashing: How long should one take to cash one?


quote:

I find that people who get mad about these types of things usually aren't very good with money themselves.


It comes off as laziness to me. It shouldn't take anyone an entire month to make it to the bank, especially with online deposits and mobile deposits.






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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
60044 posts
 Online 

re: personal check cashing: How long should one take to cash one?


quote:

Why are you writing so many checks? This is 2012
did you not read the first post






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Pectus
New Orleans Saints Fan
Internet
Member since Apr 2010
44434 posts

re: personal check cashing: How long should one take to cash one?


quote:

I hate that as well. With all the conveniences today, how hard is it to deposit a check.



I think you can do it with a photo or scan now in some banks, at least.

I always try to deposit one as soon as I get it, but some people don't and it sucks if you forgot that you wrote a check and they deposit it and draw that much out your account then you realize BAM you have an overcharge fee from something you did 3 months ago and they are just getting to. That's why I tell my mom to always call me before she deposits a check.






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bbap
Indiana Fan
Baton Rouge, LA
Member since Feb 2006
79729 posts
 Online 

re: personal check cashing: How long should one take to cash one?


Pilot you should get chase and start quickpaying people or at the very least cut them a check through chase and let chase mail it to them. that way it deducts from your account immediately. I probably physically write like 6 checks a year now. If that.





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LSUBoo
Bowling Green Fan
My Posting Goes To 11.
Member since Mar 2006
58598 posts

re: personal check cashing: How long should one take to cash one?


quote:

How long should one take to cash one?


A week.

But checks are passe'. Use Paypal next time, as a gift, no fees.






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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
60044 posts
 Online 

re: personal check cashing: How long should one take to cash one?


I dont use my chase account anymore really because there are none up here

I use BOA and I electronically pay for pretty much everything.

I also only write like 6 to 8 checks a year







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ksayetiger
Wisconsin Fan
Centenary Gents
Member since Jul 2007
38710 posts

re: personal check cashing: How long should one take to cash one?


quote:

Why are you writing so many checks? This is 2012


You think the dog walker takes a debit card?






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thekid
LSU Fan
McKinney, TX
Member since May 2006
2262 posts
 Online 

re: personal check cashing: How long should one take to cash one?


I never go to the bank, and I don't deal in checks so if someone gave me one and I didn't need the money, it might be a long time before I went to the bank...





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bbap
Indiana Fan
Baton Rouge, LA
Member since Feb 2006
79729 posts
 Online 

re: personal check cashing: How long should one take to cash one?


quote:

I never go to the bank, and I don't deal in checks so if someone gave me one and I didn't need the money, it might be a long time before I went to the bank...


you dont have to go to the bank to deposit a check anymore. unless your bank sucks.






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