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I recently received a check loan in the mail from a bank saying this is a check loan and could be cashed at my local bank. I called the bank before I cashed it and they said the day you cash it, your first payment is do 30 days thereafter, and a loan agreement will be sent out. I cashed the check for 600 dollars. I spent up the money. the following week i go to take money out of my account and there is -354 dollars. It was an out of state check in sc i live in ne. it said nowhere on the promissory note that i couldnt cash it out of the state of sc. I called the bank and they said I couldnt cash it because I lived it nebraska. Why would they send me a check saying to it to your local bank and they know I dont live in sc because my mailing address is nebraska. Can I sue this bank?

2006-07-11 23:13:12 · 5 answers · asked by erickacherry20 2 in Politics & Government Law & Ethics

5 answers

u better understand & read your loan papers first

2006-07-11 23:18:33 · answer #1 · answered by Anonymous · 0 0

Sounds like a scam, call an atty or the states attorney

2006-07-12 06:16:29 · answer #2 · answered by Anonymous · 0 0

Of course, you can sue a bank since it is a juridical person. File a case naming a bank as respondent.

2006-07-12 06:18:33 · answer #3 · answered by FRAGINAL, JTM 7 · 0 0

http://www.fedbanklaw.com/banking_regulatory_agencies/regulatory_federal_agencies.asp

2006-07-12 06:19:43 · answer #4 · answered by jd 6 · 0 0

yeah, i think so

2006-07-12 06:17:35 · answer #5 · answered by MidoTheHawk 2 · 0 0

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