Payday Loans Blog

Check City offers two great products/services: tax preparation services and prepaid debit cards. You may not think these have anything to do with each other, but they team up to offer you a great deal!

At any Check City store, you can work directly with a tax professional to get the largest refund available to you. Once your refund has been determined, you can get a tax refund anticipation loan. If a short term loan isn't something that interests you, then something else might.

This is where the Cash-In Card can make a big difference. You can have your taxes prepared in any store, and then when you receive your tax refund check in the mail, you can come back to Check City and take advantage of our check cashing service! But better yet, if you bring in a tax refund check, we will waive the check cashing fee completely if you load the funds directly onto your Cash-in Card!

Putting cash directly onto your Cash-In Card has huge advantages. If your refund is a large sum of money, you don't want to be carrying around all that cash. The Cash-In Card offers security. It is also convenient, and can be used online, over the phone or in thousands of stores where Visa is accepted.

So come in to any Check City and let us help you prepare your taxes with our tax services and then bring your check back in and we will waive the check cashing fee if you put the money directly onto your prepaid debit card!

Check City offers a prepaid debit card which is great for customers. It is called the Cash-In Card, and it works like a normal credit card.

The only difference is that you can only spend money you have loaded directly onto the card. Now you never have to worry about going into debt!

You can use the Check City store locator to find a location near you. Go find one today and start enjoying some of the great benefits of having the Cash-In Card.

It is great if you are cashing checks for large sums of money. Rather than walk out of Check City with a large sum of cash, you can load that money directly onto your PIN protected card and not have to worry about security.

You can use a Cash-In Card just like a credit card. It is good anywhere Visa is accepted worldwide! Use your card online, over the phone or at thousands of merchant locations!

Prepaid debit cards have been growing in popularity recently. Come to any Check City location and find out why!

Though commonly known for its distribution of payday loans Check City also gives anyone the option of coming in for a money order as well.  In today's world a money order has practically the same power as cash.  Businesses accept money orders more readily than checks because they have higher security than normal checks.

The funds that represent a money order are prepaid so that they literally represent existing funds.  Unlike checks money orders rarely bounce.  Because of the increased need for money orders Check City has included the service to aid any customer who wishes.

 Unlike other locations that offer the services of a money order, Check City gives you the option absolutely free.  Many money orders have a cost that comes along with the service.  With the backing of Western Union Check City's money orders are meant to give the assurance and security that customers need to safely submit any transaction where a money order is goal.

The service comes as part of an effort to continue increasing trust between Check City and everyday citizens.  If you are looking for a money order or if you would like to be better informed on Check City's money order transactions than visit one of the Check City locations or the money order webpage online.

Though cell phones are quickly replacing the need for land lines there still seems to be a real need for overseas phone cards.  If you’ve ever had to call outside the country though, prepaid phone cards suddenly become more relevant when you get an astronomical bill from your coverage carrier or the phone company.  

Those high prices will drive anyone to use phone cards, which often have a more affordable rate for where ever you’re calling.Check City's prepaid phone cards have the potential of making your phone card experience better than it has ever been. 

With options like renewing your minutes online you will have more power to control your phone cards than ever before.  Check City will help you to customize your phone cards so that you will have the ability to control minutes, time coverage, and target foreign counties you need to call.If you have had problems in the past with you Phone Card than you are going to want to try those managed by Check City, where the service representative can help you identify all of your phone card needs. 

If you’ve never tried it before than you might as well give these prepaid phone cards a shot and see how they compare to the other phone cards you’ve used. 

Now that we're just two days away from tax season, I thought it would be important to announce that Check City is offering 10% off your tax preparation this year at your local Check City.

If you've never done your taxes with us before please stop by and we'll take care of them for you.  Just bring your W-2 form and we'll do the rest!  To find your nearest Check City Location please visit our website.  We hope to see you in one of our stores soon!

In store tax preparation starts at $39.95 and online tax preparation starts at $19.95.

In a study just released by Bretton Woods, Inc. they have shown that NSF fees charged by banks and credit unions have risen again in 2008 to a startling $28.95 per transaction.  They have also concluded that the average US household with a checking account incurs 12.7 NSF fees per year.

While these findings seem shocking it gets worse.  The average US household pays approximately $368 annualy in NSF fees.  The banks and credit unions show a total of 1.28 billion NSF transactions for the year in 2008 for a grand total of $37 billion in NSF fees.

You can read the whole study at http://bretton-woods.com/452/18901.html

There is no wonder why there is such a big market for payday loans in the United States.  Too many people are living paycheck to paycheck.  We need to get back to the times when families learned how to manage and live on a budget.

With the average payday loan fee being $15 for every $100 borrowed, if these people had taken out a payday loan instead of incurring a NSF fee the country would have saved approximately $19.2 billion in 2008.  I find it interesting that the critics are trying to shut down the payday loan industry when the banks and credit unions cost the nation that much money this year.

Payday Loans are an essential credit option to those in financial distress.  If you suffer from chronic budgeting problems the industry is here to help you solve your short-term credit crunches.

Industry critics are quick to point out that many borrowers in the payday loan industry have lower incomes and tend to come from poor areas of the country.  Although not coincidental, the average person would be surprised to find out just what type of people do avail payday loans.

When you take into consideration the alternatives, payday loans do make sense, and many of the financially sound individuals in this country are catching on as well.  Consider the following situation:

You have paid all of your bills except the utilities bill that is scheduled to be drawn from your checking account in two days.  You are short on the cash to cover the withdrawl and need $100 to make sure you don't go negative in your account.  What are your options?

1. You can borrow from a family member or friend.

2. You can allow the transaction to go through creating a negative balance in your checking account.  But, you will pay $30 in overdraft fees from your bank.

3. You can get a payday loan and pay $15-$20 in fees if you keep the loan out for the full two weeks.  Less if you pay it back early.

So, you tell me.  What looks to be the wise financial decision here?  Of course you should try and borrow the money interest free from a family member or friend.  If that doesn't work it makes sense financially to borrow from a payday lender.

Since there is no other option in the financial industry, the payday lenders have taken a step forward and allowed people to borrow even if they have poor credit.  Critics should be applauding the industry instead of trying to tear it down.

Payday Lenders are the blue collar individuals willing to stick their necks out on the line for someone in need.  I don't see any banks or credit unions willing to jump into the game, do you?