Should I use the "checks" that my credit card company sends me?

Should I use the "checks" that my credit card company sends me?

Mitchell Freedman, CPA/PFS (CEO, MFAC Financial Advisors) gives expert video advice on: How can I get a lower interest rate or APR on my current card?; What if I pay my credit card bill late?; What if my credit card is lost or stolen? and more...

The credit card companies are very good at trying to entice you to utilize the credit that's available, because they make money on the interest that you pay to them. One of the techniques that credit card companies use is to give you checks that you can write to make a purchase, or just to cash the check to put cash in your pocket. What a consumer has to understand is once that check is written, it's the equivalent of a cash advance, and it will be a loan that you're taking on your credit line. There will be interest that's charged, and there may be a transaction charge for writing that check, as well.