Fed Financial
Student Loan check?
i received my student loan check from chase bank with an electronic signature. i endorsed the back of the check and i went to deposit it. Naturally, since the amount was big they put a hold on it, but when i checked my account online today it said that the check was returned to me because they could not verify the endorser. I asked them if they meant my signature but she said no. The lady from my bank (bofa) told me that when they tried to cash it from chase bank chase could not verify the endorser (the sig on the front). How could this be if it was one of their own checks??? I called chase but they haven't gotten back to me...
Public Comments
- Never heard of anything like this. But maybe you signed up for direct deposit or electronic transfer and the check was meant to be more of a recipt. I would keep bugging Chase until I get an answer because it seems like someone made a mistake at the bank.
- I would be calling Chase to get to the bottom of this, usually bofa will call them while you are on the phone to get to the bottom of the problem
