MoneyGram location at New Tower Check Cashing offering check cashing, money transfers, and cash services in Highland Park, Los Angeles with extended hours.
Editorially reviewed by Harvey Brooks
New Tower Check Cashing Highland Park operates as a MoneyGram agent location in the Highland Park neighborhood of Los Angeles. The business functions primarily as a check-cashing and money services outlet, leveraging MoneyGram's network to provide financial transaction services to the local community. The location has been established to serve residents and workers in the area who need quick access to cash services and money transfer capabilities.
The location offers check cashing, money transfers via MoneyGram, and cash-related services. All services require a valid legal form of ID for compliance purposes. Operating hours are extended throughout the week, with particular accommodation for Friday and Saturday customers who can access services until nearly midnight. The business maintains a physical storefront at 5401 1/2 N Figueroa Street and provides direct phone contact for customer inquiries.
What distinguishes this location is its extended operating hours compared to many traditional financial institutions. The business opens at 7:30 AM on weekdays and Saturdays (8:00 AM on Sunday) and stays open until 10:00 PM on most weekdays, extending to 11:59 PM on Friday and Saturday. This makes it accessible for customers with non-traditional schedules or those unable to visit during standard banking hours. The MoneyGram partnership provides access to international money transfer services in addition to basic check-cashing.
As a check-cashing service rather than a full-service bank, this location comes with inherent limitations. Customers should expect to pay check-cashing fees, which are not disclosed on the website. The service is transactional in nature and does not provide account-based banking services like savings or checking accounts. For consumers seeking comprehensive financial services, traditional banking relationships would be more appropriate, though this location serves an important role for unbanked or underbanked populations needing immediate cash access.
Yes. New Tower Check Cashing Highland Park is a registered company headquartered in 5401 N Figueroa St, Los Angeles, CA 90042. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
New Tower Check Cashing Highland Park is best for unbanked or underbanked consumers in the Los Angeles area who need quick check-cashing services and international money transfers outside traditional banking hours. The main caveat is that this is a transactional service with undisclosed fee structures—it is not a substitute for a traditional bank account and should not be relied upon as a primary financial institution.
850Above offers professional credit repair services across the USA, disputing inaccurate items on credit reports while providing credit building strategies and monitoring tools.
Best for: Consumers with mixed credit issues (both errors and negative marks) seeking both repair and rebuilding guidance, People wanting professional dispute filing combined with credit building coaching and monitoring
NDMS is a merchant account processor enabling businesses to accept credit cards, debit cards, and electronic payments with settlement through major card networks.
Best for: Small to mid-sized retail businesses needing multi-channel payment acceptance (in-store, online, mobile), E-commerce businesses requiring shopping cart integration and payment gateway solutions
LA Police Credit Union is a full-service financial institution serving Southern California law enforcement and eligible members, offering checking, savings, loans, and digital banking.
Best for: Active and retired law enforcement officers seeking personalized banking relationships and specialized products, First-time homebuyers in law enforcement with access to dedicated mortgage programs and guidance
Loans, credit, interest, APR — explained simply, without the financial jargon that makes your eyes glaze over.
Read guide →Missed a payment? Here's exactly what happens — day by day — to your account, your credit score, and your wallet. Plus what to do right now.
Read guide →Never had a credit card? Not sure how they actually work? Here's everything you need to know — explained like nobody's trying to sell you something.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to New Tower Check Cashing Highland Park and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.