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#137970 - 12/10/03 03:03 AM business charged me a $30 nsf for illegally
Anonymous
Unregistered

I had a business charge me a nsf fee of $30 when i mistaken wrote a check from a closed account in Ga. Is this legal?

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#137971 - 12/10/03 03:26 PM Re: business charged me a $30 nsf for illegally
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,532
Bloomington, IN
Yes this is legal and the amount charged by the merchant is governed by state law. I don't know about IL but in IN the merchant can charge the greater of $25 or 5% of the check not to exceed $250 for NSF checks.
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The opinions expressed are mine and they are not to be taken as legal advice.

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