Defaulting on a payday loan does not, in and of itself, constitute check fraud.
no,its fraud by mis -representation
i would like to know thw same thing because i have a payday loan and they are callin my job and telling my boss i have had check fraud
Well it is very difficult for the lender to chase after a debtor who resides in another country. However, it is possible to pursue a case for fraud. Taking a loan out with no intention of paying back the loan is fraud.
No, but fraud isn't an impossibility.
Mortgage fraud is the deliberate omission or misrepresentation of facts on the part of either the borrower or lender with the purpose of obtaining a mortgage loan. Mortgage fraud is essentially the intentional misrepresentation by either the borrower or the lending institution to enable the awarding of a loan. Examples of mortgage fraud include income misrepresentation, and misrepresentation of property use.
identity
Not Fraud, but Grand Theft Auto. The car is the property of the Finance Company, until the loan has been paid off. Then, and only then is the title to the car passed to you.
To be a cosigner on a loan you would have had to sign the papers regarding the loan in which if you don't know then you obviously didn't sign them and are a victim of fraud.
It depends on whether it's considered "fraud". The bank can go after you wherever you are if it's determined to be fraud.
If the home loan can be proven to be to the benefit of the principal then there should be no problem. If it is to the benefit of the agent alone then the matter has to be investigated.
Yes, bac home loan servicing lp it's the bigger fraud in the history, they are country wide but with a different name now, so they continuo committing the same fraud that angelo mosilo did for many years, i believe that every American and more that half of the world knows that right? , thanks.