NSF Cheque Repercusions
I do apologize for asking this as I am sure it has been answered on RFD before... but I can't seem to find a firm answer as to who get's charged the NSF fee... but does anyone know who get's charged in this situation... Someone wrote a cheque to me, which I had just found out was returned... it looks like they didn't have enough funds. Do I get charged the NSF fee... because I tried to cash a bad cheque... or does the other side get charged?
Also will this affect my credit rating? Logic would seem that I would be unaffected... as I wasn't the offender... and that all of this would happen to the other side. could someone let me know?
There must be some impact to me???... as someone could routinely/purposely try to cash bad cheques into his/her own account.