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Your Coronavirus Check that is Coming. Can be GRABBED by your BANK!! If you owe them fees!!

 
Never get a break!
User ID: 70057511
United States
04/14/2020 03:42 PM
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Your Coronavirus Check that is Coming. Can be GRABBED by your BANK!! If you owe them fees!!
I HOPE THIS IS NOT YOU!!! Regulators have given banks the green light to use stimulus funds to pay off debts that individuals owe them. But the money may not make it into the hands of those who need it to pay bills, buy food, or just survive amid mass unemployment and widespread suffering. Individuals might first have to fend off their own bank, which has just been given the power to seize the $1,200 payment and use it to pay off outstanding debt.

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Anonymous Coward
User ID: 78537549
Canada
04/14/2020 03:43 PM
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Re: Your Coronavirus Check that is Coming. Can be GRABBED by your BANK!! If you owe them fees!!
So avoid direct deposit if you have any debts?
Anonymous Coward (OP)
User ID: 70057511
United States
04/14/2020 03:48 PM
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Re: Your Coronavirus Check that is Coming. Can be GRABBED by your BANK!! If you owe them fees!!
So avoid direct deposit if you have any debts?
 Quoting: Anonymous Coward 78537549


Might be too late for a lot of people who are on direct deposit. I just feel bad for anyone who really needs to get the money and then their bank takes it all.





GLP