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Disclosure Rate


The following is a list of maximum fees allowable for services that may be offered at this check cashing business:


Government checks:
3% of the face amount or five dollars ($5.00), whichever is greater
Personal checks:
10% of the face amount of the check or five dollars ($5.00), whichever is greater
All other checks or money orders:
5% of the face amount of the check or five dollars ($5.00), whichever is greater.


Delayed deposit check:


16.67% of the face amount for checks under $250.00. 18% of the face amount for checks over $250.00.

The following is an example of the maximum fees allowed on delayed deposit transactions:


Amount Advanced

Fee

Face Amount of Check

$100.00

$20.00

$120.00

$200.00

$40.00

$240.00

$300.00

$65.85

$365.85


Mississippi law prohibits this Check Casher from accepting a fee to renew or extend any delayed deposit check. Therefore, a delayed deposit check must be deposited or the check face value paid in full before another check may be cashed.


This Check Casher is licensed and regulated by the Mississippi Department of Banking and Consumer Finance. If you have any unresolved problem with a transaction at this location, you are entitled to assistance. Please call or write: Mississippi Department of Banking and Consumer Finance, P.O. Drawer 23729, Jackson, MS 39225-3729;Phone 1-800-844-2499.


Click here to view State of Mississippi regulations.


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