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LEGAL TIP OF THE WEEK

IS CASH STILL KING?

If you have never had your debit or credit card compromised, count yourself lucky. There is nothing more frustrating than having a card turned off and waiting for a new one to arrive. In the interim, you have to resort to checks or cash, neither of which are used that much anymore. But for some transactions, cash is still king and medical marijuana may be one of those types of deals. However, using cash only makes it hard for creditors to keep track of your spending habits and more importantly, your ability to repay loans. This can hurt your credit, but did you know a criminal record may also be the culprit for bad credit? A lot goes into the mix, but when you have charges on your record you might miss out on a good loan rate or have to pay more for car insurance. But when you have your record expunged, you can avoid these consequences. It is worth taking a look at, especially if the charges are drug related. And now that there are new laws for marijuana, for medical purposes, you should act quickly to make sure you are not risking an unlawful possession charge. We can help.

For more information, contact us online today www.hostylaw.com or by calling the office at (405) 235-4040