Which of the following financial institutions may an individual visit to get money from a check if they do not have a traditional bank account?
A. Credit union
B. Mortgage company
C. Check cashing service
D. Payday lender
Answer (2)
An individual without a traditional bank account can visit a check cashing service to cash their check. Alternatives like credit unions and mortgage companies typically do not offer check-cashing services, while payday lenders provide loans rather than cashing checks. Thus, the check cashing services remain the most suitable option. ;
The best financial institution for someone without a traditional bank account to cash a check is a check cashing service . They allow individuals to convert checks into cash for a fee. Other options like credit unions, mortgage companies, and payday lenders do not provide check cashing services.
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