my AC unit had just died and I wasn;t getting paid till the end of the week so I decided to try something. I cashed the check at my bank... bought my new unit... and deposited my payroll check that Friday. The bad check didn't bounce for a week so basically I had made myself a zero interest pay-day loan.
Doesn't the bank charge you $30 or something when a check comes back bad?
around $30 is generally the amount you're charged when YOU write a bad check. Around $5-$10 is what you're charged when you deposit a bad check. It varies by bank. Some banks won't charge you at all for depositing a bad check since it's not your fault, but others will.
TAKE IT FROM ME, I WORK FOR A BANK!@$#% @$^#