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Using a cashiers check to pay off collections

New Contributor

Using a cashiers check to pay off collections

Hi, hopefully this question is not too silly or overly detailed. I am starting to pay off some of my collections. I have read the advice about not using a personal check or credit card which I agree with as do not want any CA to know my bank account number or credit card numbers. Some of the advice on here says to use a money order.

 

My collections are fairly large and I dont want to carry cash to place where they sell money orders. My bank typically will sell me certified checks that do not reference my account number and that way I can get a bank/certified check drafted right at my bank. I am assuming if something goes wrong like the CA says they never got the payment that there is a process for getting a copy of the canceled cashiers check or replacing it as long as I keep the receipt. Just wanted to double check and make sure paying collections in this manner wouldn't cause any problems. I tend to sweat the small stuff too much and wondering if I am doing that now lol! 

 

Thanks! 

Starting Scores: 9/19/2012 EQ 613 / TU 526 / EX 543
Current Scores: EQ 716 TU 724 EX 724 Goal Scores: 700
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Moderator Emeritus

Re: Using a cashiers check to pay off collections

Sounds OK to me.  Smiley Happy

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 2 of 3
New Contributor

Re: Using a cashiers check to pay off collections

I used money order, no problems.  

Dec 2012: EX 728/EQ 667/TU 731 VANTAGE 731 CreditKarma 628 UTL >5% Wallet: CapOne $300 - First P $300 - Lowes $300 - Old Navy $400 - JCP $200 - Amazon $1,200 - Macy's $300 - NFCU cashRewards card $7k - PayPal MC $2k -Walmart $900 Successes:  EOS-CCA BBB Complaint - GONE Progressive Mgmt Sys DV, Dispute/Insurance Dispute - GONE IC Systems DV,Paid OC,GW - GONE Credit Protection Assoc - CA for BrightHouse - Never Had BH - BBB - GONE Battling: Verizon DV - none, BBB - in progress  CRA Dispute - in progress


 


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