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In addition to high cost, check cashing stores present several other problems to consumers. Taking your paycheck to a check cashing store and walking out with hundreds of dollars in cash is like wearing a bulls eye on your back.
Second, there is simply the question of inconvenience.
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Our 31-Day Money Challenge will help you get out of debt, save more, and take back control of your life. As a result, prepaid cards can be used anywhere that Visa debit or Master Card debit cards are accepted (which is just about everywhere).You can also use prepaid cards at ATM machines to withdraw cash.Dough Roller receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site.Unless a post is clearly marked "Sponsored", however, products mentioned in editorial articles and reviews are based on the author's subjective assessment of their value to readers, not compensation.