Community Financial Service Centers are an underutilized resource for many who need an alternative to traditional banking, have limited time to run errands, or desire more convenience when it comes to managing monthly expenses.
Living paycheck to paycheck is all too familiar for some, where every month there is just enough money coming in to cover that months’ expenses. For others, opening a bank account may not be possible because of a bad credit history.
In both of these situations, the use of check cashing centers, like CFSC, is almost necessary to access paycheck funds and pay bills.
Some consumers with checking accounts use the services of check cashing centers, in addition to banks, because they need money right away. When a check is deposited at the bank the funds cannot be accessed, in many cases it can take up to 5 days for it to clear.
When a bill is due that day, no one shouldn’t have to choose between getting a late fine from a late bill payment, or a NSF fee from the bank for using their own money because the bank hasn’t cleared their deposit yet.
Many people think that check cashing centers can be costly, however, when you do your business with a more established company like CFSC, you keep more of your hard-earned money.
In addition to check cashing, service centers such as CFSC, also offer a variety of additional services including currency exchanges, bill payments, and many others. With numerous locations and branches that are open 24 hours a day, individuals can have immediate access to their funds on their schedule – not the banks.