It in no way reeks. Where Im' from, most companies use your general everyday banks and you can cash your checks on what bank they use. Due to my poor credit, I havent been able to open up a checking account. Its just like a loan. If you dont have enough credit, they wont give it to you b/c they dont think you can pay them, or will pay them back. If you have bad enough credit, you cant even get a bank account b/c they assume that you will eventually over draw it, and not look back.