Check Cashing Fees

I recently had a payroll check I had to cash and I couldn't get to my bank because they were closed. I needed to get the cash right then so I went to a local check cashing place. I paid 7% of my $750 check in fees. I felt like it was ok because of the urgency and I realised I was paying for the convenience of not having to wait until monday to go to the bank.

The people at the check cashing place weren't very friendly but they did assist me quickly in getting the check cashed. The glass window you stand behind makes it a little hard to communicate with them but I understood the need for it because of the area of town it was located in. The line was short so I didn't have to wait too long and the hours of operation were very convenient. They were able to give me the exact bills I needed so that was very helpful. I would suggest a check cashing location to someone who was in a bind and needed quick cash without the hastle of the bank.

Use this service only when you need to. Be prepared to pay a percentage of your check and maybe shop around to get a good price. Keep in mind you are paying for convenience.