It's not a Nigerian money order, but......
August 23, 2010 8:04 PM Subscribe
I'm trying to sell my car: is this potential buyer trying to scam me by paying with a "credit card check?"
posted by otolith to Work & Money (23 answers total)
I'm selling my car on craigslist and a VERY interested buyer wants to pay for it using a "check" from his credit card. I know of these checks, because my credit card company frequently sends them to me, but I always just shred them and throw them away. He wants to give me the check, let me cash it, and let the money clear into my account before he will take possession of the car.
It seems like this might be okay, but I'm wondering if he could possibly challenge the charge later and I could somehow be compelled to return the money. Does anyone have experience with this sort of transaction or thoughts about things that could go wrong?
Aside from the method of payment, my read on this guy is generally positive. I'm not really getting a scam feel from him, but it's always hard to know.