Working with a Payday Advance Store

By Ed. Filed in Business, Computers & Internet, Money  |  
TOP del.icio.us digg

Call me crazy, but it sure seems to be getting very hard to work with real money these days. The financial institutions want the money and they want the rest of us to carry around plastic cards so they can limit how much real money we really have. Thank goodness there are still some places like the payday advance businesses that make real cash available when you need it.

My step daughter just got a new job and had her first payday on Friday. It was only for 2 days of work, but it was a big first step for her. They gave her a check drawn on a bank that is out of state, as the company’s headquarters is in Atlanta.Well, folks, I challenge you to find a way to get that check cashed into real money if you do not have a checking account at a bank or credit union.

What I found is that a cash advance store will cash paychecks for a small fee. Every place else that we tried, such as the big discount department store chain, the local grocer, and even my bank will not cash her check or they want an outrageous fee for processing it. I don’t see why it should cost someone up to 20 percent of the check amount as a fee to convert a paycheck into cash money. I thought we had usery laws against this kind of price gouging!

I used to think that a cash advance business was only to help people borrow money against their next paycheck. But they do a lot more than that. They will cash pay checks, tax refund checks and even take a debit card to give you cash money.

Leave a Reply

You must be logged in to post a comment.