Check Cashing Store

Check-Cashing · Florida

Rating: 3.8/5

Check Cashing Store logo

The Check Cashing Store offers check cashing, payday loans ($100-$1,000), money orders, and MoneyGram services across Florida with over 30 years of operating history.

Official Website

https://www.thecheckcashingstore.com/StoreDetails/StoreDetails?US/FL/Miami/7275-NW-36th-Street/33166/364

Check Cashing Store Review

The Check Cashing Store is an established financial services provider that has operated across Florida for over 30 years, with a physical location at 7275 NW 36th Street in Miami, FL 33166. The company is part of Dollar Financial Group, Inc., which operates multiple check-cashing and financial services brands across North America.

The store offers a comprehensive range of financial services beyond basic check cashing. Their primary offerings include check cashing (including mobile check cashing via app), payday loans ranging from $100 to $1,000 with terms of 7 to 90 days available both online and in-store, MoneyGram money transfer services, money orders, small business financial services, and Momentum prepaid Mastercard products. The payday loans are explicitly noted as short-term solutions and require prior credit approval.

The Check Cashing Store distinguishes itself through its extended operating history (30+ years), multiple service channels (physical store, online, and mobile app), flexible loan terms (7-90 days), and diverse service offerings beyond basic check cashing. The store maintains consistent hours Monday-Saturday (10 AM-7 PM weekdays, 9 AM-5 PM Saturday) and provides local customer service through a direct phone line (305-599-2367). Their prepaid card product is issued by The Bancorp Bank and distributed by InComm Financial Services, adding institutional credibility.

This is a straightforward check-cashing and short-term lending storefront. Consumers should note that payday loans, while available for flexible terms, are explicitly positioned as short-term financial solutions rather than long-term borrowing options. Standard fees apply and vary by state, with item fees charged per transaction.

The company operates under appropriate licensing (MoneyGram NMLS #898432) and carries standard financial services compliance disclaimers regarding credit approval and state-specific regulations.

Pros & Cons

Reader-focused summary of the strongest reasons to consider Check Cashing Store and the factors most worth weighing before contracting. Individual outcomes depend on your credit situation and goals.

Pros

  • ✓30+ years of operating history in Florida, establishing long-term business stability
  • ✓Flexible payday loan terms from 7 to 90 days (not just standard 2-week terms)
  • ✓Multiple access channels: in-store, online, and mobile app check cashing
  • ✓Broad service range including check cashing, loans, MoneyGram, money orders, prepaid cards, and small business services
  • ✓Extended hours: open Monday-Saturday with evening hours (until 7 PM weekdays, 5 PM Saturday)
  • ✓Prepaid Mastercard issued by FDIC-member The Bancorp Bank, adding institutional backing
  • ✓Established local presence with direct phone support (305-599-2367)

Areas to Consider

  • !Payday loan limits capped at $1,000, insufficient for larger financial needs
  • !Standard check-cashing fees apply with item fees that vary by state and specific transaction type
  • !Payday loans require credit approval, excluding applicants with poor credit history
  • !Company documentation explicitly warns that short-term loans become expensive if used beyond 2-4 weeks, yet terms extend to 90 days
  • !Limited to single physical location in Miami for in-person services despite Florida-wide operations

Verdict Summary

Check Cashing Store works best for consumers who value 30+ years of operating history in florida, establishing long-term business stability and can accept the tradeoff of payday loan limits capped at $1,000, insufficient for larger financial needs. 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 Check Cashing Store

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

Compare Your Needs With Check Cashing Store

Match these decision factors against Check Cashing Store's profile before committing. This rubric mirrors what independent consumer-finance research typically checks for Check Cashing providers.

Category

Check Cashing

Service scope

8 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 Check Cashing Store's stated strengths (30+ years of operating history in Florida, establishing long-term business stability) 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 Check Cashing Store offer?

Check Cashing Store offers 8 services including Check cashing (in-store and mobile via app), Payday loans ($100-$1,000, 7-90 day terms, online and in-store), MoneyGram money transfer services, Money orders, Small business financial services, and 3 more. Confirm current service list directly with the provider before contracting.

Who is Check Cashing Store best suited for?

Check Cashing Store's profile signals suggest it may fit: Consumers needing immediate check cashing with same-day access in the Miami area; Short-term borrowers seeking payday loans with flexible repayment periods (7-90 days) rather than standard 2-week terms; Small business owners requiring check cashing, money orders, or basic financial services; International money transfer users sending funds via MoneyGram. Individual outcomes vary based on your specific situation.

What are the strengths and weaknesses of Check Cashing Store?

Key strengths: 30+ years of operating history in Florida, establishing long-term business stability; Flexible payday loan terms from 7 to 90 days (not just standard 2-week terms); Multiple access channels: in-store, online, and mobile app check cashing. Areas to consider: Payday loan limits capped at $1,000, insufficient for larger financial needs; Standard check-cashing fees apply with item fees that vary by state and specific transaction type.

How does Check Cashing Store 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 Check Cashing Store operate?

Check Cashing Store serves customers in 1 states including Florida. Confirm current service availability in your state directly with the provider.

How much does Check Cashing Store cost?

Listed pricing for Check Cashing Store: 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 Check Cashing Store

State Consumer Finance Context

This is state-level context for Check Cashing consumers in Florida. It does not confirm that Check Cashing Store or this specific location is licensed.

State regulator: Florida Office of Financial Regulation
Consumer protection: Florida Attorney General Consumer Protection Division

Credit and debt help rules in Florida

Key state rules to check

Payday lending in Florida: Legal (max $500)

Usury cap: 18% for loans under $500,000; 25% criminal usury threshold; payday loans regulated separately

Complaint resources

State references

Florida allows payday lending with notable consumer protections including a statewide database preventing multiple simultaneous loans, a $500 cap, and a 24-hour cooling-off period. The Office of Financial Regulation oversees all consumer lenders. Consumers can file complaints online through the OFR 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

Check Cashing Store — Check Cashing in Florida.

Overall rating: 3.8/5

The Check Cashing Store offers check cashing, payday loans ($100-$1,000), money orders, and MoneyGram services across Florida with over 30 years of operating history.

Visit Check Cashing Store

Next Steps

  1. Compare Check Cashing Store against similar options above.
  2. Run our borrowing power quiz to see how Check Cashing Store matches your situation.
  3. Check state regulator listings for Check Cashing Store's licensing before committing.
  4. Visit Check Cashing Store 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.