12/3/2023 0 Comments Money order online![]() If you are buying a car on Craigslist or another marketplace, the seller may want payment with cash or money order to ensure they actually get paid.Ī money order can also give you a little more privacy than a personal check, as it doesn't contain your full address or other personal information. Money orders could also be good for large person-to-person purchases. Unlike a personal check, the landlord can trust with nearly 100% confidence that a money order is good, as long as it's not fraudulent. For example, many landlords require a money order for the first month's rent or after receiving a bad check. Money orders are best for purchases where you don't know the other person well. See Insider's best free checking accounts> When its best use a money order While you probably won't use money orders often, they can be extremely useful in certain situations, particularly if you need to send money to someone who doesn't have a bank account or need to send guaranteed funds. Once you have the money order in hand, you can use it to make a purchase or send someone else funds. In many ways, a money order is like a check you can buy with cash. What is a money order?Ī money order is a financial instrument that allows you to move funds. Keep reading to learn about money orders, including how they work and why you may want to use one. ![]() Have you ever seen a commercial that said to "send check or money order"? Maybe you've noticed signs at the customer service desk at your local grocery store or post office and wondered: What is a money order? You've come to the right place. ![]() By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our ![]()
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