I know someone who has a check out at one of those check cashing places & he just recently lost his job. He had some checks bounce, so they closed his checking account out & he's in the negative. He's in debt now. He's worried about what this check cashing place could do to him, if he can't pay the check off. I know that if he doesn't go down there & pay, that they will try to cash the check. But like I said, his checking account is now closed. Does anyone know what they can do to him? Can it get really serious, like could he be taken to court or anything like that, over it? I think he may have written a check to another check cashing place as well. He said when he signed the form, it said he was agreeing that he didn't have checks out over $500, but w/that other one, it's over $600. What if he can't pay either one? Does anyone know from experience or that maybe works for a check cashing place? Dont know if it will help, but he's from TN. I'm trying to get advice, to help him. Thanks
2007-04-22
17:58:22
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11 answers
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asked by
TheRealOne
1
in
Credit