The 11 Best Places to Buy a Money Order 1. If you need more than that you’ll have to buy multiple money orders or use a cashier’s check.Īlso, be aware that some of the prices below can change depending on where you live. Important note: The largest money order you can purchase is $1,000. Fees currently range from $0.70 all the way up to $1.60. It completely depends on the store or business you buy the money order from. If a money order is lost or stolen, it can be easily cancelled and replaced (unlike cash). – Money Orders are Traceable – When you buy a money order you’re given a receipt with all the pertinent information on it to trace it (if needed). Plus, the number of establishments that will issue a money order has also grown substantially, more on that later. – Very Convenient – Anyone can get a money order no bank account required. The buyer doesn’t have to withdraw a large amount of cash, and the seller can avoid collecting payment via a personal check. This makes for a great way to collect payment on a used vehicle for example. To get a money order issued, you have to use cash or have the money taken directly out of your bank account making the funds “guaranteed”. – Guaranteed Funds – A money order is issued with NO bank information on it and is backed by a 3rd party issuer like Western Union or MoneyGram. I also breakdown what to do if you lose a money order and how to spot a fake one from a mile away.Ī money order is a great way to pay someone or have someone pay you. It’s with this in mind that I researched the 11 best places to buy a money order near you, as well as the costs associated with each. Maybe you don’t have a checking account, or perhaps you’re buying a used vehicle from a private party, whatever the case, you stand a great chance of needing to buy a money order from time to time. They’re a piece of paper similar to a check, but unlike a personal check, they’re considered guaranteed money. Receiving this information does not make you a client of our office.Dating back to the Civil War, money orders are a fast and secure way to pay an individual or business. For specific legal advice about a problem you are having, get the advice of a lawyer. Laws affecting this subject may have changed since this article was written. This article provides general information about this subject. (c) Legal Assistance of Western New York, Inc. Be sure to ask about any minimum monthly balance rules when you visit the bank. It is often hard to keep track of your balance, and this can lead to high overdraft charges if you accidentally charge too much money from your debit or ATM card.įor more information about opening a checking account, contact a bank in your area. If you sign up for a checking account, you do not have to get a debit or ATM card offered by the bank. There are many banks that offer free checking accounts. A checking account may also be cheaper and more convenient than using money orders. If you make a written request for a receipt of rent payment made by check, your landlord must provide you with a proper receipt. Since banks keep records of checks that are cashed, paying by check can help prove that your landlord received the rent money. If you are in court and you didn’t get proper receipts for your payments, tell the judge. The period paid (You have the right to tell the landlord which month you are paying, so make sure to write the month(s) on your payment.) In New York State, if you pay your rent with cash or a money order, the law says your landlord must give you a written receipt for the payment. Protect yourself by getting a written receipt signed by your landlord every time you pay rent. If the judge doesn’t believe that you actually gave the money order to the landlord, the judge may decide that the money order receipt is not enough proof that you paid your rent. You can bring the copy of the money order and/or money order receipt to court and submit it as evidence. Hopefully, the judge will believe what you say in court. Can my landlord evict me even though I have a money order receipt for my rent? If you do not have the money to pay the rent when it is due, your landlord may serve you with court papers for an eviction. However, it may take months to receive the refund. If your landlord has problems cashing your money order, you can ask for a refund from the company you bought the money order from. You should always keep a copy of your actual money order. You should write your name and the month(s) you are paying for on the actual money order. While money orders seem convenient, they may cause you a lot of problems and, in some cases, could lead to your eviction.Ī money order may not be cashed if there is even just one small mistake on it, such as an incorrect date or unreadable writing. How you pay your rent can be very important. To view this article in Spanish, visit here. Para ver este artículo en español por favor, visite aquí.
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