Can I pay a bank loan using a personal check? November 1, 2009
Posted by Banking in : Credit , trackbackBlame it on ignorance…
Because my credit union lost all my direct deposit account info when I initially set up an auto loan, I physically make my payments there each month. I always pay cash.
But can I simply write a check for the amount due and hand it to the teller? Is that acceptable? It would save me a trip to my other bank each month.
Thanks.Submited by:LG

Comments»
I don’t think a bank cares what medium is used as long as they get their money.
I think Yes you can, and it may even be better if you have to provide proof of payment because you can get a copy of the check you used for payment.
Yes, as long as it doesn’t bounce, they won’t care.
Yes, you can give a check. That’s how most people pay their loans.
You can also set up your direct deposit info again. All the info they need is on the bottom of your checks.