Can a payday loan company cash a cheque after being returned NSF?

Question by : Can a payday loan company cash a cheque after being returned NSF?
I am interested in finding out if a Payday Loan company can cash a cheque after it has been returned by the bank as NSF. They cheque was for $ 500.00 and it was cashed at $ 100.00 increments 5 times a day, resulting in 5 NSF fees per day!

Best answer:

Answer by Ezebert T
A returned check can be resubmitted more than once. My father has a small business and from time to time gets checks from customers that bounce. The bank always sends him a letter with a note that the check can be resubmitted x number of times for payment. Until now, I hadn’t heard of a check being cashed in increments like that.

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