Checkcash: A Con or Convenience

Yes Check cashing places are great for getting you money right away if you don't have an account. But there are a select few that have Bank accounts and quite don't understand who these services are for.

If your bank account is overdrawn and you don't want to put your check in your account for fear that the bank will take your hard earn money the cash advance is not going to help you in the long run.

Once you get your advance you have to pay for using their money witch in turn cause you to become more in debit. Here is how it works

Once you get the money you are automatically submitted for a monthly debit out of your account. Whether you give them you debit card or a check to pay them back they go into your account and take more than what you owe. And the worst part is that they take money with out telling scheduled date witch causes other transactions to post to the account and the bank racks up all these fee's.

The sad thing is that sometime when we file these type of claims they are denied because the customer did not read the fine print. I really want to help those few that are dealing with this issues.

The best way to get them to stop taking money out is to close the account and don't use those services again.

For those that don't have an accounts to store money or cash a check I guess it a good way to get your money, but to pay some one for your money is ridiculous.

Debit is not fun. Trust me I have been there before at the age of 22.