Convenience Check

  

If you get some of these in the mail from your credit card issuer, don’t get too excited and immediately pay your rent and car payment with them because you think you have checks you can use as credit.

Convenience checks are used by credit card companies to convince their customers that they are providing them with another way to use their credit. But they come with their own set of fees and rules that are outlined...conveniently...in the fine print.

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