Comments on: If I close my account after writing a draft to a payday loan company, will I face tough legal punishment?

By: Big Bobby Clobber

Big Bobby Clobber — Mon, 12 Jan 2009 23:15:08 +0000

That is fraud. There are a whole host of charges that they can select from. but a bad check charge will keep you from a lot of jobs in the future, and a criminal record does not go away.

By: left_coast_punk

left_coast_punk — Mon, 12 Jan 2009 09:16:48 +0000

Yes, if they wanted pursue the issue. Depending on the state you live in, it’s considered a felony to write a check on a closed account. You can go to jail, it’s not worth it dude.

By: Kyle m

Kyle m — Thu, 08 Jan 2009 22:52:53 +0000

Your proving to me that people no longer have personal accountability.

You got in the agreement by post dating a check, you agreed to the terms,

you got broke and greedy and now you want everything for nothing ???

At least you can do is call the company you post dated the check to, tell them you are a financial disater waiting to happen and see if they can help you out in any way before you put yourself in deep legal#$

It never hurts to ask for help.

By: bubba

bubba — Tue, 06 Jan 2009 02:19:32 +0000

Account won’t be closed until all checks have cleared - won’t work

By: nigel v

nigel v — Sun, 04 Jan 2009 19:46:34 +0000

yes, this is a criminal act to defraud a financial institute.

The penalties may be worse than NSF fees. Reconsider

By: Frog M

Frog M — Fri, 02 Jan 2009 00:08:18 +0000

That would legally be considered fraud. I think the punishment for it is far worst than overdraft fees!

By: holeeycow

holeeycow — Thu, 01 Jan 2009 15:45:35 +0000

your account won’t actually close if new checks keep coming in. they open it up to charge you the nsf fees. fun fun fun.
just pay your bills so your credit doesn’t get any more ruined. Yes, you will be criminally charged for writing checks.