Tag: check cashing

Check Cashing Services vs. Traditional Banks: Which One Suits Your Financial Needs?

Posted on by awesome_developer

When it comes to managing money, there’s more than one game in town. Traditional banks are no longer the only option. Enter check cashing services, like Cash2Go Financial, offering unique advantages that cater to specific needs. But how do these two financial service providers stack up against each other? Let’s dive in.

Unique Characteristics

Banks – Offering a broad spectrum of services, from savings accounts to loans, banks often serve as a one-stop shop for all your financial needs. Relationship-building opportunities and safe storage of money are some of the cornerstones of banking institutions. However, banks can sometimes be slow to process checks, imposing holds that can last several days.

Check Cashing Services – Providing tailored financial solutions to those who need immediate access to cash. Through extended operating hours and lack of dollar limits on cashing checks, they offer convenience that’s hard to beat. At Cash2Go Financial, we pride ourselves on our ability to cash checks quickly so you can get your money when you need it most.

The Comparison

Let’s talk about accessibility. Check cashing services often have extended hours, even operating on weekends, while banks typically stick to regular business hours. This flexibility is a boon for small business owners who need to cash checks outside standard banking hours.

Speed is another factor where check cashing services outshine banks. Immediate access to cash without any holds or waiting time is indeed a game-changer, especially for those living paycheck to paycheck. For banks, check processing can take several days, which can be inconvenient for those in urgent need of cash.

Fees and Charges – Traditional banks have a reputation for charging various fees, from overdraft charges to monthly maintenance fees. On the other hand, check cashing services typically charge a flat fee that’s lower than traditional bank fees. At Cash2Go Financial, we offer competitive rates on check cashing without any hidden charges.

Cash2Go Financial: A Cut Above the Rest

Now, let’s talk about Cash2Go Financial. Offering check cashing services and more, Cash2Go strives to provide above-standard financial services in a casual, comfortable environment. With a focus on customer needs, they offer immediate access to funds, extended hours, and no holds or limits on cashing checks, all while maintaining competitive fees.

Visit a Cash2Go Financial Location

Both check cashing services and banks have their benefits. It ultimately boils down to your specific needs and circumstances. Need quick access to cash and a broad range of financial services? Check cashing services might be the answer. With companies like Cash2Go Financial, you get the best of both worlds, combining the convenience and accessibility of check cashing services with customer-focused service.

Reach out to Cash2Go Financial or visit one of our convenient locations today and discover how we can help you manage your finances effectively. After all, in the game of money, it’s always wise to explore all your options.

Financial Literacy Series: How to Protect Your Identity During Financial Transactions

Posted on by awesome_developer

No one wants to be the victim of a crime – especially one that involves your money and one that does not come with the satisfaction of an arrest. Faceless and nameless cyber criminals and hackers continue to steal from innocent victims. As part of our continuing series on financial literacy, we take a look at some major ways to stay safe and protect your ID.

  1. Keep a Secret: Do not share any of your personal and private numbers with anyone. Keep your Social Security number private as well as any PIN numbers or financial-related passwords. Keep passwords updated and changed as well.
  2. Throw it Away: Sensitive paper items that you no longer need should be shredded and then thrown away or recycled. This includes paper bank statements and credit card offers.
  3. Worry about Missing Mail: If you always receive your bank statements in the mail, you should contact the bank if you do not to make sure there is not any unusual activity. Any financial services that can be done with online versus paper will help protect your identity as well. Strangers can access your mail, so do not put outgoing mail in your box with the flag up as another way to protect yourself.
  4. Credit Reports: You are entitled to a free copy of your credit report from the three reporting agencies through annualcreditreport.com. Take advantage of this a few times a year to help you keep an eye on anything usual that has surfaced, such as a credit card that you did not apply for.
  5. Mobile protection: Your smartphone is super smart and knows everything about you. Do not leave it sitting around in public and have a passcode to lock it up in case it is lost or stolen. If you are getting rid of your current phone, take the time to wipe it clean or reset it to the manufacturer’s settings.
  6. Ask Questions: If you are not sure about any transactions on your credit card, contact the company as soon as possible to double-check any suspicious activity or if you have any questions about transactions.
  7. Report Fraud Immediately: If you think you have been a victim, contact your bank or credit card companies as well as the credit agencies. Also, head out to your local police department and file a report.

Our Team is Here for Your Financial Transactions

At Cash 2 Go, we will help you take care of your money needs with a range of services in our locations that are conveniently set around the Chicagoland area. Our team takes security seriously as well as providing key services to make your daily life easier. Our money services include: check cashing, gift card exchange, currency exchange, electronic bill pay, utility company payments, prepaid debit cards, notary services and money orders. We can answer your questions through our online contact form.