subject: The Benefits Of Financial Services [print this page] When you need financial help there are many services offered within the industry. There are many benefits to knowing about these services.
These financial services include cash advances, check cashing, title loans, money orders, prepaid debit cards, prepaid phone cards, gold buying, money transfers, insurance, mortgages, and tax services.
Cash advances, commonly referred to as payday loans, are one of the most popular services given by a financial service store. You can apply for these in the various locations or even online.
The process for getting a cash advance takes only a short amount of time. There are three basic steps that need to be taken to secure a cash advance.
First, you must have a steady source of income, a checking account in your name, and a state or federal ID. Second, you need to write a personal check for the amount you want to receive, plus the standard fee.
Third, the company will hold the check until your next payday arrives or until some other date agreed upon by you and the company you are working with.
Financial service companies generally offer check cashing for a small fee. This can be extremely helpful when banks are closed.
Many companies have the capability of cashing a wide variety of checks. They include payroll checks, cashier checks, government checks, money orders, tax refund checks, and personal checks.
Many companies that specialize in financial services offer title loans. A title loan is a loan that is given to someone in exchange for the title to their vehicle.
With a title loan, there are usually no credit checks and you can choose from a variety of payment options. Many companies will allow you to keep driving your car based on your payment plan.
Another financial service offered is money orders. Money orders are accepted by almost any business, government agency, or bank.
Because of this they are a great way for many people to make payments. Money orders are very similar to checks, but without the checking account.
Prepaid debit cards can be a great way to help you manage and budget your money. These cards make it hard to get in debt. All the money that is on the card is prepaid, so you don't have to worry about owing it later.
Often these cards can be used anywhere major credit cards are accepted. It is an easy process to add money to your card.
Many companies even have the option of adding money through an online process, which makes it even simpler.
Many stores also offer a prepaid phone card. You want to choose your card based on the places you call, the times of day you prefer to make calls, and how much time you want available on your card.
Many companies are willing to exchange cash for gold. Most often they are looking for gold that contains 10K, 14K, 18K, 22K or 24K gold. They also often accept silver and platinum.
You may have gold items that are just lying around your house. They may include watches, bracelets, necklaces, pendants, earrings, chains, dental gold, and more.
The process is simple. You take your gold items in, they are weighed and checked for their precious metal content and then a cash value can be determined. Then you receive your cash.
Money transfers make it easy and convenient to send money to virtually anywhere in the world. Often funds can be transferred directly to the recipient's bank account or sent to the company's agent locations.
Insurance is important and some companies will help you determine the best insurance for you. They provide you with quotes from a wide selection of insurance companies. They do this to help you get the best plan for the best price.
There is a huge range of insurance options. These include auto, motorcycle, boat, RV, life, homeowners, and commercial insurance.
The company will give you a quote. If you think it is a fair quote, then you can purchase the policy right then and there.
Many financial companies will help you in mortgaging your home. A mortgage is a loan that finances purchasing real estate. A mortgage includes specified payment periods and interest rates.
One of the most beneficial services offered is tax services. This is when experienced tax professionals will guide you through the entire tax preparation process. They often save you money by helping you to take full advantage of the deductions you are entitled to.
As you become knowledgeable about these financial services, you will be able to use them when they will benefit you the most.
