Remember Me
forgot your password?

Cashing A Cheque In The High Street

The high street in towns and cities throughout the UK are undergoing something of an identity change. Many of the traditional retailers are now moving to sites away from the usual shopping centres but they are being replaced by a new breed of high street store.

The ubiquitous fast food places, which seem to be mushrooming in every town, are being matched in the speed of their deployment by ?money shops.? And, rather like the burger and pizza joints they share the high streets with, the money shops offer their customers instant gratification and fast service.

But, just like fried chicken offers a different fast food experience from burgers, the money shops too come in different varieties and it is well worth shopping around to see where the best value lies. The typical city centre money shop will offer its customers various services with cheque cashing, payday advances and unsecured loans being the most popular choices although it is through cashing cheques that a money shop will do most of its ?walk in? trade.

And, although many of these new financial outlets provide identical services the devil really is in the detail. Or rather in the scale of fees they charge. By looking around and finding the best value the customer is able to save money.

Money shops are so popular of course because they are so convenient. If a person has a cheque they can take it into a high street financial outlet and cash the cheque immediately instead of putting it through their bank account and waiting up to seven days for their money. The fee charged by the money shop is more than compensated for by receiving money on the spot. Where the customer can save extra cash is by finding the money shop, or company, that offers a cheque cashing service for a low fee.

Of course it is a simple task to compare the scale of fees being charged by different shops as all financial outlets have to clearly display their charges. The types of cheques that can usually be cashed include those issued by large organisations such as the DSS and the Inland Revenue. but, they will obviously not cash personal cheques. And, with many employers choosing to pay their employees with a cheque, a financial outlet providing a facility in which an employee can cash their wage cheque is offering a valuable service.

If you are looking for a cheque cashing service make sure you know exactly how much the fees will be and don?t decide which company to use until you have compared the rates of several financial outlets.

Craig Ellyard

Hull cheque cashing company Xtra Finance charge a low 3% fee for their cheque cashing transactions. As well as their cheque cashing service Xtra Finance also offer payday advances, unsecured loans and a gold buying service.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Finance Articles
  • More from Craig Ellyard

Manage the Cost of Motorcycle Insurance

By: Coleen Smith | 29/11/2009
The cost of gasoline has us all evaluating our driving habits. Fortunately, they've come down from the terrible highs of over $4 a gallon, but they've been steadily climbing since then. Prices are now in the $3 plus range. Somehow it doesn't seem as bad as before, because we've already...

Choosing the Right Car Insurance Deductible to Meet Your Budget

By: A.Noton | 29/11/2009
Shopping for car insurance presents a lot of challenges for the first time buyer. However, there is one factor that is extremely important to settle on right off the bat. A car insurance deductible can end up being what saves someone from dumping their bank account when an accident occurs...

Where to Sell Gold Jewelry - Do You Need to Sell Gold Jewelry For Money?9

By: Lucas Mcguire | 29/11/2009
If you have ever questioned where to sell gold jewelry you are not alone. There are plenty of people who are in hunting for the answer to the question - where to sell gold jewelry. Where to Sell Gold jewelry the reason that many of us are trying to find where to sell gold jewelry, is because of the high price of gold. Gold prices have been continuously increasing for quite some time and it has even reached record levels. As a consequence of this increase in price, people a...

Forex Trading Tips - What You Should Know Before Investing

By: Aden Ten | 29/11/2009
Forex (FX) trading is an exciting and potentially lucrative investment to get into. However, like all major investment strategies, it can have its pitfalls if you don't know what you are doing. You can't expect that you will get rich overnight when making any kind of investment and you shouldn't listen...

Online Mortgage Quotes- for the Convenience of the Consumer Look for Online Mortage Quotes

By: Walter Smith | 29/11/2009
When it comes to finance some of us tend to make decision in haste, the monetary aspects are as it is very confusing for a common man and hence they try to solve it as fast and possible and this leads to resentment in future when they come to know...

Mortgage Types - the Market is Flourishing with Mortgage Types

By: Camila Machuca | 29/11/2009
When you are thinking of applying for a mortgage loan then you need not worry about the type of loan that will be available along with the rate of interest as these days because of the competition in the loan market there are now a lot of mortgage types loan...

Mortgage Guide - Knows the Details of the Word of Loan Through the Mortgage Guide

By: Roberta Martin | 29/11/2009
Generally the term mortgage refers to the loan secured on real property. With the help of these mortgages the money attained can be used for various purposes like expanding or starting a new business, buying an asset, house or other reason depending on different people accordingly. When we purchase something...

Mortgage Repayment - Different Options Available for Mortgage Repayments

By: Justin Grey | 29/11/2009
Selecting a favorable mortgage loan as per our financial position and health is important as it helps you pay off your monthly repayments with ease. When choosing such a mortgage, there are many points to be taken into consideration like the rate of interest applicable, the loan term, and of...

Picking the right Photographer for your Wedding Day

By: Craig Ellyard | 22/07/2009 | Home & Family
Picking the right photographer for their wedding is a big decision for any couple, here is some advice on making the right decision for you

Top 7 Tips On Finding A Supplier

By: Craig Ellyard | 19/07/2009 | Business
Anyone running or planning to run a retail business needs to have good suppliers but how do you find them and what should you look for in a supplier?

Where to Buy your Next Cash Register

By: Craig Ellyard | 17/07/2009 | Business
If your business does not have a cash register, or you need to acquire a new one it could be worth your while considering where you will buy a new one.

Is Running A Pub The Job For You?

By: Craig Ellyard | 16/07/2009 | Home & Family
Ever dreamed of running a pub? Plenty of us have but is running a pub really for you?

Why you should take a Management Training Course

By: Craig Ellyard | 14/07/2009 | Business
Are you thinking of taking a management training course? If so, go for it, there are many excellent reasons why taking such a course can help your career

Taking Natural Or Off The Cuff Photos

By: Craig Ellyard | 30/06/2009 | Art & Entertainment
Most amateur photographers love to take spontaneous or natural photos and they don't have to be difficult to take

How To Sell Your Gold Online

By: Craig Ellyard | 26/06/2009 | Finance
Selling your gold to raise cash is very popular but how can you ensure the whole process is secure and results in you getting the best return for your items? This article looks at how to sell your gold safely online

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (4.78, 6, w1)