View Single Post
Old 05-20-2011, 01:14 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by AdultKing View Post
Brujah is on the money, I did this recently and it was worth doing. Unless a program only sends checks, which makes it expensive for me to cash, I now go with the minimum payout in case the program closes shop or decides to change the rules.
It's all about risk management. At one point I moved from cheques to wires with a particular program because I wasn't feeling so confident about their longevity. Wires cost a bit more but they have the advantage of 100% cleared funds about 48 hours after the program sends them; if a program went bust the day after I deposited a cheque then it wouldn't be returned as NSF for 3-4 weeks. Even worse if I didn't know and the 2 or 3 cheques I'd deposited in the meantime were returned and the amounts debited back from my account...
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote