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Oh since I’m naming names. The bank before that, Wells Fargo, honored a check I wrote > 2 years earlier. Sure, I wrote it and I was good for it at the time. I f
by eyelidlessness 5y ago
Oh since I’m naming names. The bank before that, Wells Fargo, honored a check I wrote > 2 years earlier. Sure, I wrote it and I was good for it at the time. I forgot about it. Maybe I could’ve left that money in limbo but at a certain point I assumed my moderately wealthy aunt wasn’t gonna cash it.
Well it doesn’t matter what I assumed, the law said the check was no longer valid. When Wells Fargo honored it and overdrafted me they disregarded the law and said I was committing check fraud if I didn’t pay up. That’s how I ended up at US Bank, because fuck if I’m going to pay you for illegally processing my check.
Edit: and yeah I had “check fraud” on my record for years after because Wells Fargo said they didn’t care about the law and just lectured me about being responsible for checks I wrote.
- bagels 5y agoYou got charged and convicted of a crime?
- MereInterest 5y agoNot the OP, but having it on his record likely refers to his credit record, maintained by private agencies, not a conviction record.
- rootusrootus 5y agoProbably ChexSystems. Kinda like a credit report, governed by the same laws, but distinct from the big three bureaus everyone is familiar with. All the banks use them. And anything negative on that report will prevent you from opening up an account somewhere else until you get it removed.
- eyelidlessness 5y agoAs mentioned in replies, I was flagged in ChexSystem for check fraud.
- mdp2021 5y agoAgain (to other cases in this page, ref. reordered transactions): should not this be a case for legal action? A contract has a time limit, one part arbitrarily extends it and claims rights: this is completely absurd.
- eyelidlessness 5y agoI’m sure it could have made a case. But I wasn’t exactly in a financial position to hire a lawyer.
- t0mas88 5y agoWasn't there some money to be made for you and the Lawyer? Sue the bank, make lots of noise, then offer a settlement in which they pay the lawyer and some amount of damages for getting your credit score in jeapardy.
- eyelidlessness 5y agoOkay this is absurd. I was being wrongfully overdrafted. I had no legal recourse. No one being overdrafted has any legal recourse unless they’re researching overdraft abuse. The lawyers I could hire are advertised on billboards and park benches on spin off TV shows.