CFSC Checks Cashed 358 W 145th

Check-Cashing · New York

Rating: 2.3/5

CFSC Checks Cashed 358 W 145th logo

CFSC operates a 24-hour check-cashing location on 145th St in Manhattan offering check cashing, money transfers, bill pay, and currency exchange services.

Official Website

https://locations.cfsc.com/new-york/new-york/358-w-145th-st/

CFSC Checks Cashed 358 W 145th Review

Community Financial Services Corporation (CFSC) is an established check-cashing and financial services network with multiple locations across New York and New Jersey. The 358 W 145th St location in Manhattan's Upper West Side serves the local community and surrounding areas with a focus on unbanked and underbanked consumers who need access to essential financial services without traditional bank accounts.

This specific location offers an extensive range of services including check cashing (personal and business), money transfers, prepaid debit cards, electronic bill pay, money orders, ATM access, foreign currency exchange, prepaid cellular services, lottery services, coin exchange, tax refund services, EZ Pass, and Transit/MetroCard services. The facility operates 24 hours daily, seven days a week, providing round-the-clock access to financial services. Spanish-language assistance is available to serve the diverse local population.

The 24-hour operation distinguishes this location from most competing check-cashing services, many of which operate limited daytime hours. This makes it particularly valuable for shift workers, late-night professionals, and consumers with non-traditional schedules. The breadth of ancillary services—from bill pay to lottery to transit card services—positions it as a one-stop financial hub rather than a single-purpose check-cashing outlet.

As a check-cashing service, this location serves an important but niche market. Check-cashing fees, while not disclosed on the website, are typically higher than bank fees. The service model is designed for consumers without bank accounts, but those with access to traditional banking should generally prefer bank accounts and free or low-cost check deposits. The business model relies on transaction fees rather than interest income, making it sustainable primarily for frequent users of multiple services.

Pros & Cons

Reader-focused summary of the strongest reasons to consider CFSC Checks Cashed 358 W 145th and the factors most worth weighing before contracting. Individual outcomes depend on your credit situation and goals.

Pros

  • ✓Open 24 hours, seven days a week—rare accessibility for late-night and shift-work financial needs
  • ✓Multiple service offerings (12+ services) enable one-stop financial transactions without visiting multiple vendors
  • ✓Spanish-language assistance available for non-English speakers
  • ✓Business check cashing available, serving small business owners and contractors
  • ✓Located in Manhattan with additional nearby locations (518 W 145th, 473 Lenox Ave) for customer convenience
  • ✓Offers foreign currency exchange for international money needs
  • ✓Electronic bill pay service reduces need for physical mail or bank transfers

Areas to Consider

  • !Check-cashing fees are not transparently disclosed on website, requiring in-person inquiry
  • !Limited information about specific fee structures or rate comparisons to competitors
  • !Service model designed for unbanked consumers; traditional bank accounts remain more cost-effective for regular users
  • !No mention of identity verification requirements, fraud protection, or security measures
  • !High transaction dependency means ongoing costs accumulate for frequent users compared to fixed bank account fees

Verdict Summary

CFSC Checks Cashed 358 W 145th works best for consumers who value open 24 hours, seven days a week—rare accessibility for late-night and shift-wor and can accept the tradeoff of check-cashing fees are not transparently disclosed on website, requiring in-pers. Compare against similar providers below before signing any contract.

Services & Features

Services offered

Feature Checklist

✗Credit Monitoring
✗All Three Bureaus
✗Goodwill Letters
✗Cease Desist Letters
✗Debt Validation
✗Credit Education
✗Identity Theft Protection
✗Score Tracking
✗Mobile App
✗Online Portal
✗Personal Advisor
✗Ai Powered

Best For

Before You Contact CFSC Checks Cashed 358 W 145th

Before signing up with any Check Cashing provider, review these safeguards:

Compare Your Needs With CFSC Checks Cashed 358 W 145th

Match these decision factors against CFSC Checks Cashed 358 W 145th's profile before committing. This rubric mirrors what independent consumer-finance research typically checks for Check Cashing providers.

Category

Check Cashing

Service scope

12 services listed

Geographic coverage

1 states

Match to your priorities

  • ●
    Budget priority: Pricing published above — factor in setup, monthly, and cancellation fees over the full expected service window.
  • ●
    Complexity priority: Consider CFSC Checks Cashed 358 W 145th's stated strengths (Open 24 hours, seven days a week—rare accessibility for late-night and shift-work financial needs) against your specific credit situation.
  • ●
    Timeline priority: Check Cashing typically takes 3-6 months for meaningful outcomes. Providers guaranteeing overnight results are red flags under federal consumer protection law.
  • ●
    Recourse priority: Confirm state licensing via your state regulator and check the CFPB complaint database before contracting.
  • ●
    Alternatives: Compare against all Check Cashing providers, DIY options via non-profit counseling agencies, and free CFPB resources.

Pricing

  • Monthly Price: 0
  • Setup Fee: 0
  • Money Back Guarantee: False
  • Guarantee Details:
  • Free Consultation: True
  • Tiers: []
  • Currency: USD

Frequently Asked Questions

What services does CFSC Checks Cashed 358 W 145th offer?

CFSC Checks Cashed 358 W 145th offers 12 services including Check cashing (personal and business), Money transfers, Prepaid debit cards, Electronic bill pay, Money orders, and 7 more. Confirm current service list directly with the provider before contracting.

Who is CFSC Checks Cashed 358 W 145th best suited for?

CFSC Checks Cashed 358 W 145th's profile signals suggest it may fit: Shift workers and late-night professionals who need 24-hour financial service access; Unbanked and underbanked consumers without traditional bank accounts; Small business owners and contractors needing to cash business checks; International money senders and currency exchange users in Upper Manhattan. Individual outcomes vary based on your specific situation.

What are the strengths and weaknesses of CFSC Checks Cashed 358 W 145th?

Key strengths: Open 24 hours, seven days a week—rare accessibility for late-night and shift-work financial needs; Multiple service offerings (12+ services) enable one-stop financial transactions without visiting multiple vendors; Spanish-language assistance available for non-English speakers. Areas to consider: Check-cashing fees are not transparently disclosed on website, requiring in-person inquiry; Limited information about specific fee structures or rate comparisons to competitors.

How does CFSC Checks Cashed 358 W 145th compare to similar companies?

In the Check Cashing category, comparable providers include AAA CHECK CASHING, California Check Cashing Stores, Cash 4 Less. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Where does CFSC Checks Cashed 358 W 145th operate?

CFSC Checks Cashed 358 W 145th serves customers in 1 states including New York. Confirm current service availability in your state directly with the provider.

How much does CFSC Checks Cashed 358 W 145th cost?

Listed pricing for CFSC Checks Cashed 358 W 145th: monthly price: 0; setup fee: 0; money back guarantee: False. Pricing may change — verify current fees directly with the provider before signing any contract.

Visit CFSC Checks Cashed 358 W 145th

State Consumer Finance Context

This is state-level context for Check Cashing consumers in New York. It does not confirm that CFSC Checks Cashed 358 W 145th or this specific location is licensed.

State regulator: New York Department of Financial Services
Consumer protection: New York Attorney General Consumer Frauds Bureau

Credit and debt help rules in New York

Key state rules to check

Payday lending in New York: Banned

Usury cap: 16% civil usury; 25% criminal usury; payday lending banned

Complaint resources

State references

New York bans payday lending through its 16% civil usury and 25% criminal usury caps. The Department of Financial Services aggressively pursues illegal online payday lenders. Consumers have strong protections under state law and can file complaints with DFS or the Attorney General.

Similar Companies ⓘ

Comparable Check Cashing providers with similar service scope. Ratings reflect stored review context; verify current licensing and pricing directly before contracting.

AAA CHECK CASHING logo

AAA CHECK CASHING

AAA CHECK CASHING offers check cashing services with competitive processing fees. The company emphasizes low-cost transactions and easy money access.

Rating 2.6/5

Read review →

Notable: Claims to offer the lowest processing fees in the market for check cashing

California Check Cashing Stores logo

California Check Cashing Stores

At 2531 Mission Street in San Francisco, CA, California Check Cashing Stores offers check cashing and financial services.

Rating 2.8/5

Read review →

Notable: Multiple San Francisco locations (2531 Mission, 1098 Market, 5129 Mission) for convenient access

Cash 4 Less logo

Cash 4 Less

Family-owned check cashing service with 4 California locations offering fast processing, competitive rates, and no hidden fees for multiple check types.

Rating 2.4/5

Read review →

Notable: Four convenient California locations with extended weekday hours (until 5 PM Monday-Thursday)

CFSC the Check Cashing Place Downtown logo

CFSC the Check Cashing Place Downtown

CFSC is a check-cashing storefront offering no-account check cashing, money orders, bill pay, and prepaid debit cards at multiple San Diego locations.

Rating 2.6/5

Read review →

Notable: No bank account required for check cashing—only photo ID and personal information needed

Checkmate logo

Checkmate

Checkmate Phoenix, AZ — Checkmate offers check cashing and complete loan solutions for consumers needing quick access to cash and financial services.

Rating 2.8/5

Read review →

Notable: Offers both check cashing and loan products in one location for bundled financial services

Hunting Park Check Cashing & Auto Tags logo

Hunting Park Check Cashing & Auto Tags

Hunting Park Check Cashing & Auto Tags offers check cashing and money transfer services with convenient hours in Philadelphia's Hunting Park neighborhood.

Rating 2.8/5

Read review →

Notable: Extended weekday hours until 5:00-5:30 PM accommodate working professionals

Micro Loans NW logo

Micro Loans NW

Micro Loans NW is a Kent, Washington-based financial services provider offering payday loans, business loans, check cashing, and wire transfers since 2010.

Rating 2.6/5

Read review →

Notable: Extended business hours until 8:00 pm daily, accommodating working customers

Nikki's Check Cashing logo

Nikki's Check Cashing

Nikki's Check Cashing offers check cashing, money orders, and cash advance services in Philadelphia. Located on Bustleton Ave with extended weekday hours.

Rating 2.3/5

Read review →

Notable: Extended evening hours until 7:00 PM on Thursday and Friday

Related Questions

Quick Summary

CFSC Checks Cashed 358 W 145th — Check Cashing in New York.

Overall rating: 2.3/5

CFSC operates a 24-hour check-cashing location on 145th St in Manhattan offering check cashing, money transfers, bill pay, and currency exchange services.

Visit CFSC Checks Cashed 358 W 145th

Next Steps

  1. Compare CFSC Checks Cashed 358 W 145th against similar options above.
  2. Run our borrowing power quiz to see how CFSC Checks Cashed 358 W 145th matches your situation.
  3. Check state regulator listings for CFSC Checks Cashed 358 W 145th's licensing before committing.
  4. Visit CFSC Checks Cashed 358 W 145th once you're ready.

Glossary of Terms

Common terms that come up when comparing Check Cashing providers. Full glossary at creditdoc.co/glossary/.

Amortization — Loan Amortization
The process of paying off a loan through regular payments that cover both principal and interest. Early payments are mostly interest; later payments are mostly principal.
Why it matters: Understanding amortization explains why paying extra early in a loan saves the most money — you're reducing the principal that interest is calculated on.
Example: Month 1 of a $200,000 mortgage at 6%: your $1,199 payment splits as $1,000 interest + $199 principal. By month 300: only $47 goes to interest and $1,152 goes to principal.
Balloon Payment
A large lump-sum payment due at the end of a loan, after a period of smaller monthly payments. The loan isn't fully paid off by the regular payments — the balloon settles it.
Why it matters: Balloon payments make monthly payments look affordable but create a financial cliff. If you can't pay or refinance at the end, you could lose your home or asset.
Example: A 5-year balloon mortgage on $200,000: you pay $1,054/month (as if it were a 30-year loan), but after 5 years you owe a balloon of $186,108 all at once.
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters: Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example: A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Cosigner — Loan Cosigner
A person who agrees to repay your loan if you can't. They're equally responsible for the debt, and their credit is affected by your payment behavior.
Why it matters: Cosigning helps people with thin credit get approved or get better rates. But it's a huge risk for the cosigner — they're on the hook for the full amount if you default.
Example: A parent cosigns their child's $30,000 student loan. The child stops paying after 6 months. The parent is now legally required to make the payments or face collections, lawsuits, and credit damage.
Credit Bureau — Credit Reporting Agency (Bureau)
A company that collects and sells information about your credit history. The three major bureaus are Equifax, Experian, and TransUnion.
Why it matters: Not all lenders report to all three bureaus, so your reports may differ. You should check all three reports because an error on one could be costing you money.
Example: Your car loan only reports to Equifax and TransUnion. Your Experian report doesn't show that good payment history, so your Experian score is 15 points lower.
Credit Freeze — Security Freeze / Credit Freeze
A free tool that locks your credit report so no one (including you) can open new accounts until you lift it. It's the strongest protection against identity theft.
Why it matters: A credit freeze prevents criminals from opening loans in your name, even if they have your Social Security number. It's free by law and doesn't affect your credit score.
Example: Your data was in a breach. You freeze your credit at all 3 bureaus (takes 10 minutes online). A thief tries to open a credit card in your name — denied because the lender can't pull your frozen report.
Credit Mix — Credit Mix (Types of Credit)
The variety of credit accounts you have — credit cards (revolving), auto loans (installment), mortgage, student loans, etc. Having multiple types shows you can manage different kinds of debt.
Why it matters: Credit mix accounts for about 10% of your FICO score. Having only credit cards isn't as strong as having a card, an installment loan, and a mortgage.
Example: Borrower A has 3 credit cards. Borrower B has 2 credit cards, a car loan, and a student loan. Even with the same payment history and utilization, Borrower B's score is typically higher.
Credit Report — Consumer Credit Report
A detailed record of your borrowing history maintained by credit bureaus. It lists every loan, credit card, payment history, collection, and public record tied to your name.
Why it matters: Errors on credit reports are common — 1 in 5 consumers has at least one mistake. Checking your report regularly is the first step to fixing errors that are costing you money.
Example: You pull your free report from AnnualCreditReport.com and find a $2,400 medical collection you already paid. You dispute it, the bureau verifies it's resolved, and your score goes up 40 points.
Credit Score
A 3-digit number (300-850) that summarizes how reliably you've handled borrowed money. Higher scores mean lower risk to lenders and better loan terms for you.
Why it matters: Your credit score determines whether you get approved and at what rate. A 100-point difference can mean thousands of dollars more or less in interest over a loan's life.
Example: On a $250,000 30-year mortgage: a 760 score gets you 6.2% ($1,536/month). A 660 score gets 7.4% ($1,729/month). Over 30 years, the lower score costs you $69,480 more.
Credit Utilization — Credit Utilization Ratio
The percentage of your available credit that you're currently using. If you have $10,000 in credit limits and owe $3,000, your utilization is 30%.
Why it matters: Utilization is the second-biggest factor in your credit score (after payment history). Keeping it below 30% helps your score; below 10% is ideal.
Example: You have 3 cards with a $15,000 total limit. You're carrying $4,500 in balances (30% utilization). Paying down to $1,500 (10% utilization) could boost your score by 20-50 points.
Default — Loan Default
When you fail to repay a loan according to the agreed terms — usually after 90-180 days of missed payments. It's the point where the lender gives up on collecting normally.
Why it matters: Default triggers severe consequences: credit score drops 100+ points, the debt may be sent to collections, you could be sued, and your wages or assets could be seized.
Example: You miss 4 consecutive car payments. The lender declares your loan in default, repossesses your car, sells it at auction for $8,000, and you still owe the remaining $5,000 (called a deficiency balance).
FICO Score — Fair Isaac Corporation Score
The most widely used credit scoring model, created by Fair Isaac Corporation. 90% of top lenders use FICO scores for lending decisions.
Why it matters: FICO has many versions (FICO 8, 9, 10). Mortgage lenders still use older versions (FICO 2, 4, 5), so your mortgage score may differ from what free apps show you.
Example: Your FICO 8 score (used for credit cards) is 740. Your FICO 5 score (used for mortgages) is 725 because it weighs collections differently. Same credit history, different scores.
Hard Inquiry — Hard Credit Inquiry (Hard Pull)
When a lender checks your credit report because you've applied for credit. Each hard inquiry can lower your score by 5-10 points and stays on your report for 2 years.
Why it matters: Multiple hard inquiries in a short period suggest you're desperately seeking credit, which is a red flag. Exception: mortgage and auto loan shopping within 14-45 days counts as one inquiry.
Example: You apply for 5 credit cards in one month. Each application triggers a hard inquiry. Your score drops 25-50 points from the inquiries alone, making each subsequent application harder.
Loan Term (Tenor) — Loan Term / Tenor
How long you have to repay the loan, measured in months or years. A shorter term means higher monthly payments but less total interest paid.
Why it matters: Longer terms feel more affordable monthly but cost much more overall. A 30-year mortgage costs almost double in interest compared to a 15-year mortgage on the same amount.
Example: Borrowing $200,000 at 6.5%: A 15-year term costs $1,742/month ($113,561 total interest). A 30-year term costs $1,264/month ($255,088 total interest). You save $141,527 with the shorter term.
Origination Fee — Loan Origination Fee
A one-time fee the lender charges to process and set up your loan. It covers their costs for underwriting, verifying your information, and preparing paperwork.
Why it matters: Origination fees are usually 1-8% of the loan amount and are often deducted from your loan proceeds — so you receive less than you borrowed.
Example: You're approved for a $10,000 personal loan with a 5% origination fee. The lender deducts $500 upfront, so you receive $9,500 in your bank account but owe $10,000 plus interest.