It Cost Americans More Than $66 Million to Cash Their First Stimulus Checks. Why That Could Happen Again With the $1,400 Payments

Almost one year ago, Congress authorized the first $1,200 stimulus checks. An estimated 22% of people received that money via mailed paper checks. Some turned to check cashers as an alternative to banks, and paid a hefty price. Recipients of the new $1,400 checks could turn to those services again.