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Jones' check to Cash Plus was returned with a notice that her bank account had been closed. She was then criminally charged with bad check writing. Thanks to county fines, Jones now owed 918. 91 -- just four months after she had borrowed 250.
In Texas, bad check writing and "theft by check" are Class B misdemeanors, punishable by up to 180 days in jail as well as potential fines and additional consequences. In the typical "hot check" case, a person writes a check that they know will bounce in order to buy something.
But Texas national cash advance heath ohio is clear that checks written to secure a payday loan, like Jones, are not "hot checks.
" If the lender cashes the check when the loan is due and it bounces, the assumption isnt that the borrower stole money by writing a hot check - its just that they cant repay their loan.
Bluegrass Mortgage, Inc. 2808 Palumbo Dr Ste 200 Lexington, KY 40509. Kentucky Mortgage Company. 2425 Regency Rd Ste E Lexington, KY 40503. Johnston Financial Services. 1795 Alysheba Way Ste 3101 Lexington, KY 40509.