Ask Experts Questions for FREE Help !
Ask
    teachermama3's Avatar
    teachermama3 Posts: 32, Reputation: 2
    Junior Member
    		  
    #1

    Jun 27, 2007, 01:49 PM
    Is it ILLEGAL to get a payday loan by submitting my husband's checking account info?
    PLEASE HELP!!!!!!!!!!

    I really need to know the answer to this... My husband and I have an appointment with a lawyer on Tuesday to file for a divorce. He already has his half of the money, but I do not.
    I am a substitute teacher, so therefore I do not work in the summer time. I will, however, have a small college check that will be coming in August. Here is my question: I have looked online and checked into getting one of those payday loans for $500. This would take care of my half of the divorce money. Is it illegal for me to submit the loan using his checking account information? I am not on the account, he took me off over a year ago. While we have been married, I was only allowed to have the money that he would let me have. I do not see any other options as to how I can come up with this money by Tuesday. No one in my family is able to help. So is it illegal to do this? Could I get in trouble if I do? What could the law do to me? We are still legally married. Please, please , please if anyone knows the answer to this question , let me know.
    Emland's Avatar
    Emland Posts: 2,468, Reputation: 496
    Ultra Member
    		  
    #2

    Jun 27, 2007, 01:53 PM
    If you are not on the account then yes, it would be unethical and illegal and could get you into big trouble if he pursues it.
    RubyPitbull's Avatar
    RubyPitbull Posts: 3,575, Reputation: 648
    Ultra Member
    		  
    #3

    Jun 27, 2007, 01:58 PM
    In addition to what Emland has stated, I very much doubt that they would give you a loan against an account that is not in your name and you are not a signer on.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #4

    Jun 27, 2007, 04:35 PM
    Yes it is illegal, so your divorce takes a few more months ? Or you perhaps go to a temp agency and get a job for the summer, go to McDonalds ? Deliver news papers ?
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
    Expert
    		  
    #5

    Jun 27, 2007, 04:50 PM
    Yes it would be illegal and could possibly be construed in court as identity theft. Many identity thefts are family related.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Payday Loan [ 5 Answers ]

Hello Everyone, I have a personal payday loan that gets automatically debited to my account for the amount I owe. Unfortunately when the debit went through there was no available funds. I received a threating phone call from a processor that the loan was turned into. They were...

Payday loan vicious cicle [ 6 Answers ]

Hello everyone, I've put myself in a vicious cycle of payday loan. I found myself borrowing money to pay another loan. Now I owe two companies. First one I owe 750.00 and the other 575.00 but I do not have the means to pay them at this moment. What is the consequence of my actions. I DO want to...

Payday Loan Default [ 1 Answers ]

My mother took out a payday loan that went into default over a year ago the payday loan company has drafted these funds out of another account at a different financial institution that she did not even have when she originally applied for the loan. Is this legal in the state of Texas? I read in the...

Payday loan [ 1 Answers ]

What is the worst that can happen if you do not pay a payday loan and close your bank account? I tried to work out a payment plan with them and they would not give me a resonable amount to pay back, what do I do? I have another bank account and I am worried that they might find that account info...

Payday loan fees typical? [ 3 Answers ]

How much fee do you pay for payday loans? If you check out some of the fees or interest rates here No Teletrack Payday Loans Mississippi ($400, 18%) Missouri ($500, 75%) Montana ($300, 25%) Nebraska ($500, 15%) Nevada (no limit, no limit) New Hampshire ($500, no limit) New Mexico (no...

View more questions Search