Lengthening Check Float Times
Not so long ago, getting funds into your checking account to cover a check you’d written was much easier. Electronic banking has all but eliminated the check float… or has it?
Money Talks editor Stacy Johnson looks at some ways you can lengthen the float time on your money. The video runs 1:26…
Do you ever wonder why banks can process a check against your account almost instantly, but it can take 24 hours for a deposit to show up when you make it? What do you think? Are banks using our money without our permission? Leave us your opinion by clicking on the comment link below and sounding off. We’d love to hear from you.