Posted by admin in Bank Accounts
on Jun 22nd, 2009 | 0 comments
There can be several reasons why you might not be able to open a bank account. Perhaps you bounced a few checks and ended up owing a bank money for multiple fees. Or, maybe your bank account ended up in a negative state due to divorce or unemployment.
A bank account can be very convenient, but it can also be a necessity. Most banks simply refuse to cash a check for anyone that doesn’t have an account and if they do, they charge a hefty fee. And, check cashing places charge a minimum fee plus a percentage of the amount of the check which can add up to a lot of money.
If you’ve been turned...