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Is cashing a check described as a loan considered acceptance of loan

I loaned someone money but have yet to be paid back. I am wondering if I have any recourse or am I out of luck?

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When you cash a check that is described as a loan it is definitely considered as an acceptance. The reason is because when you cash the check it means that you have agreed to the terms and condition of the loan agreement.

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Yes, if you get one of those and you cash it, it means you agree to the terms. Usually it will say so on the back of the check, but even if it doesn't, they will still probably hold you to it.

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The agreement you have at the time the check was handed over is all it takes for there to be a loan arrangement. If there was a clear and concise COMMUNICATED reason you gave someone a check, then there is no question about whether or not it's a loan.

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