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Discussion in 'Credit Talk' started by peeper, May 27, 2008.
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Cash shops (payday loan places) and grocery and convenience stores will often cash government checks, for a fee of course.
Is this government check from the IRS? I saw an ad on TV this weekend that says WalMart will cash your IRS check with no fee. And if you're worried about carrying a lot of cash, they'll put it on a prepaid Visa card, also with no fee.
I'm not sure about banks, but surprisingly, a currency exchange will cash large government checks, although they will only cash personal checks up to $25.
True, Walmart ans ccheck cashing places will cash govt. checks such as the stimulus amounts, and other tax refunds, but I would hesitate from doing that. Remember - all those checks display YOUR SS # and would give any dishonest employee a huge opportunity for ID theft.