In the span of an hour, three people called BBB wanting to know about companies and websites offering help finding unclaimed cash. The common theme – all the companies wanted money upfront to help the people get their newly-found money.
Well – keep your wallet in your pocket. You can find unclaimed money yourself – without spending a dime! If you do use one of the companies, don’t pay upfront. And no, the government will not offer to you send you unclaimed money for a fee either.
Unclaimed money comes from accounts in financial institutions and companies where there’s been no activity or contact by the account owner in more than a year. Mostly common those are savings or checking accounts, stocks, uncashed dividends, security deposits, and IRS refunds.
Here’s how to claim cash yourself:
- Go to NCCash.com to search for money in North Carolina.
- For other states, use MissingMoney.com and Unclaimed.org. Only use these sites – there’s a lot of copy cats out there with sound-alike names.
- Make sure you check all the places you’ve lived. And if you’re married, make sur to check under your maiden name. Use a first initial and your last name to make sure everything shows up.
- If you want to use a third-party company to claim your cash, you can. But it is not required. If you do use one of the locator businesses so you don’t have to do any of the paperwork yourself, don’t pay upfront. And don’t pay the company more than 10 to 20 percent of the money you are claiming.
- Visit the webpage www.usa.gov/unclaimed-money. It will link you to other helpful sites like searches for unclaimed pension money.