My husband took out a payday loan, when he went to pay on the balance and get another loan the cashier gave him way too much money back. I'm sure some people are familar with this process but I'll explain anyways... He took out a $200 loan, every other week he has to pay $30 interest untill he pays off the loan. When he went to renew it, the cashier gave him a receipt for the first loan saying that it was paid in full without taking his money. Then she renewed the loan giving him an additional $200. Totaling $430 when she only should of given him $200. It's so tempting because here at Christmas we really need the money, but if I could hold off untill after Chistmas to give it back would help us so much. I don't have a clue what to do. Right before this happened my car broke down and we had a water leak that cost around $300. Whats the deal is this a blessing or should we give the money back and be broke? Could he get in trouble because the cashier made a mistake? Please help?
2007-12-20 06:56:53 · 17 answers · asked by lori n 2 in Politics & Government ➔ Law & Ethics
One more thing, when I said we really need it at Christmas, that has to do with our kids. We have four and as of today I only have 6 presents under the tree.
2007-12-20 07:00:32 · update #1
one more thing, we planned on giving the money back when when he goes to pay it this week, but this is 2 weeks later and no one has called
2007-12-20 07:11:44 · update #2
Those payday loan places are scams and deserve to lose money, but that cashier doesn't deserve to lose her job at this time of the year. Return the money asap.
Sorry to hear about your finances. I'll send you a small giftcard if you want.
2007-12-20 07:38:29 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I'm sure it's a tough decision for you with your financial situation. Honestly though...it's better to give it back. Your husband can say he just didn't notice the mistake until he recounted the money later on.
$200 isn't worth feeling the need to look over your shoulder or worry about what may catch up with you. Again..I know it's hard but in the end, all a person really has is their character and integrity.
On a different note...those payday loan offices are total rip-offs. You end up paying WAY too much interest and lose money in the long run. The debt spirals out of control and while this happens...other crap hits the fan. And blessings don't typically come in the form of deception. We're all hurting in some way. You may need to confront the money issues head on, sell some stuff, take on extra jobs and get it all straightened out. I'll list a website for a man who really "gets it".
2007-12-20 07:16:24 · answer #2 · answered by windy 1 · 0⤊ 0⤋
This is a really hard question. Obviously you need the money, and this seems like a blessing, but ask yourself what type of person you really are. And I'm not saying this to put you down, but if you're the type of person who is going to be looking over your shoulder or having a guilty conscience over this, then give the money back. There is no harm done if you give the money back, but if you keep the money, spend it, and are then billed or asked for it and don't have it, you could fall under worst times. Trust me, I've been there, it seems tempting to take the money and not say anything but the fact you asked this question means despite everything, you are a good person who knows how to do the right thing.
Do not only right by you, but by your family.
Hope I Helped
2007-12-20 07:14:34 · answer #3 · answered by Vito C. 4 · 0⤊ 0⤋
Ouch, that's a tight spot you're in.
Even though the money was given to him by accident, if you keep it (even for a short period of time) it is stealing.
Every night before they clock out, those cashiers have to count all the money and balance it all out. They know that they are short $200, and they probably figured out how and when (and with whom) it happened.
I know it seems like a faceless business, but that payday loan shop is owned by a person (even if it's a franchise, people own those) and you are basically stealing presents from under that person's Christmas tree!
As for your kids' presents, go to the dollar store and buy some fun things so that it will feel like more presents for your kids.
You know the right thing to do. Return the money.
2007-12-20 07:08:05 · answer #4 · answered by Shana B 6 · 0⤊ 1⤋
The cashier's drawer was counted short, and she will probably have to make up the difference herself.
This isn't Corporate America losing a drop in the bucket; this is a hard working person, possibly with children of her own, who must pay off the difference.
Please do the right thing; Santa may give you a nice surpirse this X-mas!
2007-12-20 07:19:58 · answer #5 · answered by MenifeeManiac 7 · 1⤊ 0⤋
I can see how it would be tempting! However, I would call the store and let them know there was an error; ask them if they noticed it. You can then take the cash to them. Who knows - maybe they'll give you a discount on the current loan for helping them find the error. Just looking for them can be very costly!
By the way, with the high cost of the payday loans, I wonder if your husband's employer ever grants payroll advances.
Good luck!
2007-12-20 07:08:28 · answer #6 · answered by hortmom121 3 · 0⤊ 1⤋
I understand how tempting it may be, but you need to return the money. The job of the cashier could rely on the money being returned. I worked at a casino as a cashier supervisor for 5 years and when a cashier makes a costly mistake it may cost them their job. You could also be charged with theft if the company could prove you were overpaid. (surveillance cameras). If you know you were overpaid the right thing to do is return the money or that cashier could be "broke".
2007-12-20 07:08:00 · answer #7 · answered by D's Mom 2 · 0⤊ 1⤋
Why are you making up excuses to keep the money. When then bank find outs that the person gave away to much money they could get in trouble even if its $200. You should have given the money back right away as soon as you figured out that she had given you too much...I bet that was as you were leaving the bank or in prescence of the bank teller...A good person would have given the money back even knowing that they could have really used the money. Its not a blessing. A blessing is that you would have gave the money back and good things would have happened for you...KARMA...
2007-12-20 07:07:32 · answer #8 · answered by Mr. Happy 3 · 0⤊ 1⤋
It's "theft by deception" to have kept the money when he knew he shouldn't have.
At the end of the day the cashiers account will come up $230 short, and they will review the transaction tapes to figure out why. When they see where it went, if you're "lucky" they will call you to bring it back. If they are mad they'll call the police and report the crime.
Head on back over NOW, before that happens.
Richard
2007-12-20 07:03:55 · answer #9 · answered by rickinnocal 7 · 0⤊ 1⤋
I feel you girl. But the bottom line is this. This unexpected windfall for you will most likely cost that cashier her job, if it hasn't already. If they do not immediately fire her, they will make her pay it back. What then happens to her x-mas, her family? Do you wish to have a merry x-mas on the broken back of a poor cashier? If you are able to live with this in order to fill your kids stockings with stuff, by all means keep your ill gotten gain. But keep in mind that small tests are given to us all, tests of our character, our morals, our values. Will you pass or fail? I hope you make the right decision.
2007-12-20 07:07:52 · answer #10 · answered by Jen N 7 · 1⤊ 1⤋