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Post-Dated Check

   Also found in: Legal, Acronyms 0.02 sec.
Post-dated check
A check that becomes payable and negotiable on a future date specified.

Post-Dated Check
A check dated for one or more days after it is written. For example, if one dates a check for January 31st, and it is currently January 25th, it is a postdated check. Theoretically, banks do not honor postdated checks, though many do anyway.


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You get an instant cash loan against a post-dated check signed by you and is kept with the lender.
Instant loan cash are loans that are repaid to the lender with a post-dated check from the borrower?
Lisa Morawski, a spokeswoman for the state agency that regulates banks, said state rules require that banks hold off on cashing post-dated checks.
 
 
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