Legal Question in Credit and Debt Law in California
Payment in full on a check
I paid my credit card with a check and wrote on the bottom of the check PAID IN FULL. The payment was received late ( due to the mail) , So I recieved a statement with a late fee and
interest. I was under the assumption that if a company cashed a check that said payment in full
that they agree it is paid in full. Is this correct or not ? Thank you.
1 Answer from Attorneys
Re: Payment in full on a check
That impression is incorrect. If you have a ligitimate complaint or dispute with a company, and you clearly (perhaps in a cover letter) explain your dispute, and tell them why you are paying a reduced amount. Then, if they cash the check, you might have an argument.
With todays method of processing the thousands of checks that come through, it is unreasonable to expect a credit card company to inspect every check for "payment in full" notations.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
