5 ways to cash a check without a bank account [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
Cashing a check without a bank account carries some bigger risks – namely walking around with a wad of cash that can be lost or stolen. Some banks offer second-chance checking accounts, which can be a helpful way to lay the foundation for financial success if you have struggled with a bank account in the past. Received a check but don't have a checking account ? You're not alone. Data from the Federal Reserve shows that six percent of households are unbanked, meaning they don't have any bank account to help manage their money. There are ways to cash a check without a bank account, although none of them are nearly as easy – or as affordable – as having a checking account. Read on to learn what to do with that check so you can access the funds. 1. Cash your check at the issuing bank First, look at the check to figure out where the person or business who made it out to you does their banking. If that bank has branches in your area, call to find out if they cash checks for non-
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