2-1-1 | About Us | Current Partners | Contact Us | En Español

Using check cashers may seem more convenient than having a checking account at a bank. But these services cost a lot more than a checking account. Check-cashing stores charge you up to 5 percent of the check amount. Cash a $250 check and pay 5 percent, or $12.50. To cash two paychecks a month, you may pay more than five times as much in fees than you would at a bank with a regular checking account. And, since money orders can cost as much as $3 per order, your costs could really add up.
* What is the amount of your paycheck?
* How often do you get paid?
* What does it cost you to cash your check(%)?
* How many bills do you pay each
month with money orders?
* How much does each money order cost?

Change My Answers