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26-Nov-2017 12:10

In addition to high cost, check cashing stores present several other problems to consumers. Taking your paycheck to a check cashing store and walking out with hundreds of dollars in cash is like wearing a bulls eye on your back.Second, there is simply the question of inconvenience.

It’s not at all uncommon for consumers to spend 3% or more to get a paycheck cashed.

As a result, prepaid cards can be used anywhere that Visa debit or Master Card debit cards are accepted (which is just about everywhere).