Lots of people hear about check cashing services, but do not realize that many of these services do much more for their customers than helping them to cash checks. They can also offer payday loans, prepaid debit cards, and many other services.
The best thing about working with check cashing services is the convenience they offer to their customers. Throughout the United States, there are more than 11,000 locations that offer some variety of these services. This allows customers to come in on their own time and get their money when they need it, even when they have varying financial situations and schedules, which may or may not work within all the rules and regulations of a normal bank. Many of these services also work with huge varieties of checks which could be difficult to cash elsewhere. For instance, in some locations, it is possible to cash payroll, personal, Social Security, unemployment, business, and company checks, as well as money orders and income tax refunds. To get access to the funds in all these documents typically would be very complicated but working with one of these services can help you get you your funds quickly and efficiently.
One of the most common options offered at many outlets is a money order. They can give you cash for a money order or can sell you a money order made out to another party, whether to pay bills that require payment by money or if you desire the extra security that comes with using a money order. One of the great things about using these financial tools is that they are relatively easy to trace, thus making them a more secure form of payment. They also allow you to send money without having a bank account, which makes them more accessible to a larger percentage of the population. You should keep in mind, however, that there are typically several fees associated with money orders. These can range from less than $0.50 to purchase a money order to $15.00 or more to stop payment on one.
Some check cashing stores can even help you pay traffic tickets and bills. This service option does vary from location to location, so you should be sure to give your personal location a call to check what they can help you with, but many can help you to pay bills without the hassle of having to write a check and with the additional security that comes with paying via money order.