Which of the following statements about check-cashing companies is TRUE?
A. They have limited operating hours during the day.
B. They sometimes offer free services.
C. They charge high fees.
D. They delay when you can access your cash.
Which of the following statements about check-cashing companies is TRUE?
Share
The correct answer is C. They charge high fees.
Check-cashing companies typically charge high fees for their services compared to traditional banking options. This is often because they serve customers who might not have access to bank accounts or prefer the convenience of cash transactions. If you have any more questions, feel free to ask!