Convenience Checks - arrival with Caution
How would you like to receive a blank check in the mail to be used at your disposal for whatever you'd like? Well, if you're a reputation cardholder, chances are you've already received such a check at one time or an additional one from your reputation card company. That alluring slip of paper (or batch of slips of paper) you've probably gotten in the mail is called a convenience check, and although it may be tempting to use it to pay off one of your bills, it's foremost to understand that they are often not nearly as convenient as their name may suggest. In fact, the term is outright misleading, as the use of convenience checks usually carries valuable costs and hidden fees that make them far riskier than they are rewarding.
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So What Is a Convenience Check, and Why Should I Avoid Using It?
