Choose a country
United States
Select a city
Select a city
Select language
English
Select country
Choose a country
United States
Canada
España
México
Philippines
United States
Việt nam
Казахстан
Россия
Україна
Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Apply for a The Check Cashing Store's loan

Finanso.Multilogin™

How to apply

The lender offers two short-term loans, payday and payday plus. Ordinarily, a single payday advance can last two to four weeks. On the other hand, borrowers typically use these loans over months, which can be costly. Payday loans should not be used as a long-term financial solution.

Payday loan

A payday loan applicant can borrow cash between $100 to $500 for 7 to 31 days and repay it all at once, either online or in person. If you take out a $100 cash loan, you will be required to pay a $4.99 fee plus a $10 finance fee in one payment, totaling $114.99. Please, remember that the APR for payday loans is calculated using a 390.8% 14-day repayment period. Note that once the application is approved, the money will be directly transferred to the applicant.

Payday loan plus

An online or in-person payday loan plus applicant can borrow cash between $200 to $1000 for 60 to 90 days and repay in five installments. If you take out a $200 cash loan, you will be required to pay a $4.99 fee and a $54 finance charge in three installments, totaling $258.99, with the first installment being $86.33. Remember that the APR for payday loans is based on a 203.27% repayment term of 14 days which also includes non-business days. Note that once the application is approved the money will be directly transferred to the applicant.

Requirements

To apply for a loan, you must meet the following requirements:

  • Be 18 years or older

  • Have a steady source of income with regular money deposits

  • Have a valid address. Provide proof of current residence (e.g., a copy of a recent utility bill or a driver's license)

  • Have a valid social security number

  • Have a valid checking bank account where they can receive the money transfer

  • Provide a check from the checking bank account (when applying through the store)

  • Have an active phone number

  • Provide a copy of your government-issued photo ID.

Steps to apply

  1. On the company's website, go to the loans page and click Apply now.

  2. You will be directed to a form requesting your personal information such as your full name, date of birth, social security number, email address, residence address, length of stay at your residence, government ID type and number, and cellphone number.

  3. Fill in the details about your job as they display on the screen in the next step.

  4. In the next stage, fill in your checking bank account information, then accept and apply on the covered borrower identity statement (as shown on the screen with its relevant information) once you've read it well.

  5. Once you have completed all the required information, the system will direct you to the next page that accepts or declines your application.

Reasons for rejection

The business owner reserves the right to reject your application for any reason, including misrepresentation of income proof, forged proof of domicile, negative credit history, and so on.

FAQ

How long does it take to get approved by CCS?

It typically takes 15 minutes for the cash disbursal after approval in-store and immediate approval or rejection on completion of the application process.

How trustworthy is the company?

The company is a well-known brand in Florida, USA, with over 800 payday loan lenders and cash checking stores nationwide. Money Mart, its sister store with locations in 12 states, rebranded as Money Mart Financial Services Group to reflect its expanded services within the Dollar Financial Group Inc. aegis.

Do they verify income?

Yes, the lender will verify the applicant's income because it requires them to give their most recent income proof.

Does the Check Cashing Store hurt your credit score?

Your credit score will be negatively affected if you miss or delay repayments.

Financial products

The Check Cashing Store
Payday Plus loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
$200-$1000
Rate
i

Effective interest rate on the product

APR 203.38%
Term
i

Loan term for the financial product

60-90 days
The Check Cashing Store
Payday loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
$100-$500
Rate
i

Effective interest rate on the product

APR 390.8%
Term
i

Loan term for the financial product

7-31 days

Calculate loan payments in The Check Cashing Store

The Check Cashing Store calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
i

Enter the desired loan amount

USD
USD
100 $
1000 $
Loan term
i

Specify the loan term for the calculation

days
months
7
90

What to focus on before applying for a loan with The Check Cashing Store

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between The Check Cashing Store and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All The Check Cashing Store’s reviews by October 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
855-959-4500
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
800-497-1965
LoanMe
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
844-956-2663
Advance.Cash
PO Box 10, Parshall, ND 58770
855-259-3401
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018
847-939-9500