What Is Check Cashing?

Check cashing is a simple, convenient way to get your check cashed quickly and your money in hand, on your terms. Many neighborhood financial service centers, such as Check ‘n Go, offer check cashing as one of their many financial services. For a small, one-time flat fee, you can get your check cashed instantly — no wait required. You get your cash when you need it, fast and hassle-free.

A check cashing service can be a valuable option for many reasons. Some people use check cashing services because they simply don’t have time to wait for a bank to process their check, or their bank simply isn’t available during hours convenient for them. A check cashing service also works for anyone who simply doesn’t have a checking account, either by choice or because a bank was unwilling to work with them. Inconvenient locations, hidden and rising fees, delayed access to money upon deposit, and overall unclear policies are some of the many reasons why checking accounts don’t work for all people.

In many areas, these same reasons have led to an increase in financial service centers, which often offer a check cashing service. The popularity of check cashing and other services offered by these businesses began in the 1980’s. At that time, many banks moved to the suburbs, leaving many cities and smaller communities without real financial options.

Those communities left with few financial choices were the starting place of financial service centers, and where check cashing became the reliable and convenient solution it is today. Now, financial service centers offering check cashing can be found right next-door in your community, offering longer hours, more flexibility, and more convenience to those who don’t want to deal with the red tape of typical banks.